FOR SALE
623703
New Year, New Business Opportunity!
The business, established 12 years ago, is now available for purchase. Situated within a prime location, less than a three-minute walk from Cardiff Central Station, it attracts a diverse array of customers, including locals, national and international visitors, and employees from nearby media businesses such as the BBC.
For a purchase price of £5,000, the offer includes both fittings and stock at valuation. The store specializes in "real" vintage items, offering an impressive range of products such as clothing, accessories (like handbags, gloves, and scarves), costume jewellery, haberdashery, hats, china, and ephemera. Most of these items are over 30 years old, with some being more than a century old. The business continues to thrive due to the growing popularity of quality vintage and reused items, providing environmental benefits while offering customers unique pieces at lower prices than on the High Street.
This profitable business benefits from low fixed costs and offers free city center parking on market days. Moreover, it is located within a larger Antique Market which operates three days a week, from Thursday to Saturday, providing ample opportunities for foot traffic. The business also presents a fantastic chance for growth through social media engagement, with possibilities to expand the retail footprint at a modest cost.
The sale is a terrific opportunity to start a new career in 2025 without any debts or existing employees. The owner, who is selling due to retirement, is offering a handover period and training to ensure a smooth transition, sharing extensive experience and knowledge in retail.
With a latest annualized revenue of £16,000, the business has witnessed a 20% increase in turnover over the past five years. Note that this revenue is generated from market sales only and excludes online sales. Further financial information is available upon inquiry.
This fully fitted, owner-financed small business in a town center location is an ideal investment in a thriving market sector with close proximity to shops, restaurants, and public services. Take advantage of this prime opportunity to leverage a well-established customer base and successful business model to ensure continued success.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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