Household Goods Retail Shop for Sale in Camden Town London with Stock Included
Camden Town, London
- Status
FOR SALE
- Advert ID
639876
- Leasehold: £70,000
- Rent: £40,000 (£3,333 per month)
- Turnover: £250,000 (£4,808 per week)
- Profit: £100,000 (40% Profit margin)
Key Features
- Prime Location
- Attractive Business
Business Details
Busy Household Goods Retail Shop with Stock Included
Discover the opportunity to own a busy and well-established household goods shop located in Camden Town, London. This retail establishment offers a wide variety of everyday essentials, including kitchenware, plumbing and electrical items, cleaning supplies, vapes, gardening materials, and school supplies. With a strong customer base of both regular locals and passing trade, this shop enjoys a prime location with nearby amenities such as pubs, restaurants, and student accommodations that further attract customers.
The shop is not only fully stocked but also comes with all necessary fixtures and fittings included, making it ready for immediate takeover. This presents an ideal opportunity for someone looking to manage a profitable and easy-to-run business. With a competitive turnover of £250,000 and a profit margin of £100,000, the business has seen consistent growth over the last five years.
Key features of the shop include:
- Extensive range of household goods including kitchenware, DIY supplies, and stationery.
- On-site key cutting services for added convenience.
- Diverse product selection ranging from cleaning supplies to gardening materials.
- Competitive pricing coupled with promotional offers to attract a wide customer base.
- Well-organized displays that ensure efficient use of retail space for easy browsing.
Currently, there are no competing DIY or household goods shops in the vicinity, making this a prime business opportunity. The leasehold price is set at £70,000 with an annual rent of £40,000, and all stock is included in the sale price.
This business has been successful under current ownership for five years, and the owner is looking to sell in order to pursue other ventures. While there is no training offered to new owners, the shop's established systems make it manageable for those with retail experience.
Seize the chance to own an attractive business with a solid foundation and significant growth potential.
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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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