55-Year Old Fabric/Textile Haberdashery Retailer for Sale in Bridport Dorset
Bridport, Dorset
- Status
FOR SALE
- Advert ID
631170
- Reference
M36379R / Rightbiz
- Call Agent:
- Leasehold: £65,000
- Turnover: £277,172 (£5,330 per week)
- Profit: Not Applicable
Business Details
FABRIC TEXTILE & HABERDASHERY RETAILER AND ASSOCIATED SERVICES
Destination FABRIC/TEXTILE & HABERDASHERY RETAILER, and ASSOCIATED SERVICES to include measuring, making, and fitting, established some 55 years, commanding an excellent reputation. Situated in the affluent and sought after WEST DORSET town of BRIDPORT, enjoying central easily accessible town centre trading position, opposite main shopper's car park, close Waitrose supermarket, surrounded by other popular businesses, and a short drive from major new housing developments from which benefits are anticipated with further developments in the area planned.
Spacious and versatile premises, more than 6,000 square feet, favourable overheads with rent approx. £280 per week. Extending over 3 floors, offering comprehensive display/browsing areas, includes curtain/soft furnishings, dressmaking, crafting, and haberdashery areas. Additional work areas, abundance of storage, office facilities, staff kitchen and cloakroom facilities.
Famous top performing business, drawing customers from far afield, renowned for selection of fabrics available to include those from top manufacturers, coupled with quality of service. Sales 2025 £277,173 ex vat, Gross Profit £175,633, equates to excellent 63%, ensuring strong Net Profits in the region of £55,000 even with existing owners working flexible/short hours. Excellent staffing structure who can operate the business in owners' absence, additional pool of self-employed curtain makers, handover/training period available if required. Enjoying repeat business, predominantly private individuals with some corporate contract work and online website sales.
Leasehold £65,000 sav, Ref: M36379R
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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.
Stay Safe
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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