FOR SALE
643852
For those seeking an established tailoring and dry cleaning business, a unique opportunity awaits in Walton-on-Thames, Surrey. After twelve successful years of operational excellence and building a solid reputation, the owner is reluctantly looking to sell to relocate and join family overseas. This business, grown from scratch, has thrived both in profitability and community standing, making it an ideal prospect for a passionate tailor looking to continue its legacy.
The tailor shop boasts a strong customer base and offers a comprehensive range of services encompassing both tailoring and dry cleaning. Situated in a prime location with a visible storefront in a bustling area, it attracts a steady flow of foot traffic. The shop features a spacious and well-organised work area, fully equipped with multiple sewing machines and ironing facilities, ensuring a smooth transition for the new owner to maintain the high standards of service that customers expect.
Key Features of the Business
This well-established operation presents several advantageous features that make it an attractive investment. These include:
Expansion and Growth Potential
There is significant potential for growth within the local market, with opportunities to expand into additional services or product offerings. Current offerings include alterations, dry cleaning, and related services, but the flexible business model allows for the introduction of new lines of business, catering to changing customer demands.
Regarding operational details, the business has seen a year-on-year increase in turnover, underscoring its profitability and market demand. The owner currently employs three skilled staff members, contributing to the high-quality service provided. Furthermore, the shop enjoys relevance in the community, with nearby amenities such as hairdressers, restaurants, pubs, and retailers, creating a vibrant atmosphere that attracts customers.
The leasehold price for this thriving business is set at £98,000, with an annual rent of £18,500. This includes the value of the business itself, making it an exceptional investment for serious buyers ready to take the helm of a successful tailor shop.
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.
Do not 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 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.
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
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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