FOR SALE
642922
Step into a rewarding opportunity by taking over an established antique shop recognised for its vintage aesthetic, located in a prime area that draws significant foot traffic. The sale encompasses nearly all stock within the shop, excluding a small percentage owned by our dealers, alongside most fixtures and fittings. Currently, the shop operates four days a week, leaving room for the new owner to expand operations and boost turnover. Our inventory includes a delightful mix of antiques, vintage items, handmade crafts, and new products that have consistently garnered positive feedback. This provides a unique opportunity for the new proprietor to diversify and expand the product range, with the potential to increase the number of dealers who contribute to our selection.
The new owner will assume the existing lease with the landlord, ensuring a seamless transition and continued operation of the business. This shop has been an integral part of the community for four years, with one year spent at its current location, gaining a loyal customer base along the way. Nearby amenities such as tearooms and pubs, alongside the popular River Severn and Fairground, contribute to increased footfall, especially during the Spring and Summer months. The presence of another antique shop in the town creates a complementary relationship, attracting a shared clientele who have an interest in vintage and antique items.
Business Highlights
This antique shop not only boasts a broad and diverse inventory, including antique furniture, home decor, jewellery, and collectibles, but it also enjoys a well-established online presence through a successful eBay shop, which may be available for purchase at an additional cost. Customers are drawn to the thoughtfully configured retail space that maximises item displays and merchandising, capturing customer interest and driving sales potential. The financial records reveal an upward trend in turnover over the past year, reflecting the shop's appeal and successful marketing strategies.
Reasons for Sale
The current owners are seeking to sell for genuine reasons; the growth of their other manufacturing business has limited their time and resources to dedicate to the shop. As a result, they wish to pass the torch to passionate new owners who are eager to cultivate and expand on the shop's established foundations. Notably, the business does not have any employees apart from the owners, ensuring manageable operational dynamics as it transitions to new stewards.
Excellent Potential for Growth
With an annual rent of £12,000, this leasehold opportunity is not only affordable but also strategically positioned in the heart of the town centre, showcasing prime retail space with a steady flow of customers. The shop presents an impressive array of items, creating a comprehensive stock availability that appeals to both local residents and tourists. The limited competition in the area further enhances the shop's attractiveness, promising substantial growth opportunities. Given the high tourist footfall combined with a repeat customer base, the potential for expanding online sales and regular trade is robust, making this an ideal venture for motivated entrepreneurs.
Across all these features, the potential for business expansion remains significant, inviting new owners to step into a vibrant community space filled with charm and possibility.
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.
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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.
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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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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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