Bridal and Prom Shop for Sale in Wakefield West Yorkshire After 11 Years of Operation
Wakefield, West Yorkshire
- Status
FOR SALE
- Advert ID
633781
- Leasehold: Price on Application
- Rent: £9,600 (£800 per month)
- Turnover: £8,100,000 (£155,769 per week)
- Profit: On request
Key Features
- With Car Park
- Free of Tie Leasehold
- Unique Business
- Retirement Sale
Business Details
Popular Bridal & Prom Shop
We are offering our well-established family-run business for sale after 11 successful years of operation. Due to forced retirement, we are seeking a new owner to take over this thriving venture. The business operates within a detached two-storey premises and boasts a strong online presence, including a dedicated website and active social media platforms, which have attracted a loyal customer base and created ample opportunities for growth.
This offering includes a Bridal and Prom Shop, with a competitive asking price, with a stock value of £32,000. Currently, the business generates a turnover of £81,000 annually, making it a solid investment for prospective buyers. Additionally, the annual rent for any operational space is £9,600. This Bridal and Prom shop can also be considered as a relocatable business or stock sale.
All relevant accounts are available for review, providing transparency and insight into the business's financial health. This sale presents a unique opportunity to acquire an established business with potential for further development. We invite offers from interested parties, and we encourage those keen on stepping into this market to reach out.
Take advantage of this retirement sale and continue the legacy of a beloved Bridal and Prom Shop that has served the community for over a decade.
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Stay Safe
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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