Bridal Alterations Business Helen's Alterations Ltd in Prime Battlefield Glasgow Location for Sale
Battlefield, Glasgow
- Status
FOR SALE
- Advert ID
628632
- Leasehold: Price on Application
- Rent: £7,200 (£600 per month)
- Turnover: £70 (£1 per week)
- Profit: £30 (43% Profit margin)
Key Features
- Accounts Available
- Small Business
- Unique Business
- Potential for Alternative Use
Business Details
Helen's Alterations Ltd
Helen's Alterations Ltd offers a well-established business opportunity in the tailoring industry, particularly renowned for its high-quality bridal alterations. Located in Battlefield, Glasgow, this cozy and well-equipped space is perfectly suited for a tailor with the assistance of one person for 2-3 days per week. With 22 years of establishment and five years of ownership by the current proprietor, it has built a strong reputation in a prime location featuring a visible storefront and easy customer access.
The alteration and tailoring shop is ready for operation with existing tools, fixtures, and inventory. Customers are drawn to the area not only by the business but also by surrounding amenities, such as restaurants, a college, and efficient train communication, which contribute to its growth potential. Despite limited competition in the vicinity, the business has experienced an increase in turnover over the past year.
The asking price for this leasehold opportunity is available upon request, with an impressive current turnover of £70,000. The business has a sound structure with a profit margin of £30,000 and annual rent set at £7,200. All stock is included in the sale, providing a turnkey solution for potential buyers. Although the current owner is looking to sell due to personal health reasons and a focus on managing one shop, they are committed to offering training opportunities for new proprietors.
This unique and fully fitted small business also presents potential for alternative uses, further enhancing its attractiveness. All necessary accounts are available for review, ensuring transparency for prospective buyers. The inclusion of an online presence adds another layer of opportunity for growth and customer engagement.
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
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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.
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