Specialist Diecast Model Retailer for Sale in Darlington County Durham
Darlington, County Durham
- Status
FOR SALE
- Advert ID
646252
- Reference
B09414 / Rightbiz
- Call Agent:
- Leasehold: £39,995
- Turnover: £80,000 (£1,538 per week)
- Profit: Not Applicable
Business Details
Driven By Passion – Specialist Diecast Model Retailer
BusinessPlease quote reference B09414
CoGoGo presents to the market Darlington Diecast Models Ltd, a well-regarded specialist retailer of die-cast model cars, operating from a prime Darlington shopping centre location alongside a long-established online store.
Founded in 2020, this family-run business has built a strong reputation for stocking new, second-hand and vintage die-cast models, with over 50 recognised brands including Dinky Toys, Tootsie Toys and Solido. The business is particularly known for sourcing rare and collectable pieces, making it a destination of choice for enthusiasts and collectors across the UK.
The current owner has operated the retail unit for approximately 18 months, complementing years of successful online trading. Now offered to the market due to retirement, this is an ideal opportunity for a hobbyist or investor seeking a niche retail and e-commerce venture with growth potential.
There is a good range of stock in the shop. This is roughly £120,000 but the seller is open to reasonable negotiation.
Early viewing is highly recommended.
Location
The business operates from Unit 25, Queen Street, within a busy Darlington shopping centre. The location benefits from regular footfall, surrounding retail operators and convenient town centre access.
Premises
The premises comprise a well-presented retail unit within the shopping centre, providing display space for a wide range of die-cast models and collectables. The layout supports both walk-in retail trade and fulfilment of online orders.
Tenure
We are advised that this opportunity is being sold on a leasehold basis with a rolling 12-month agreement in place. A new lease is to be negotiated with the landlord and the rent is £6000 per year.
Hours
The current operating hours are:
Monday to Thursday: 10:00 am to 4:00 pm
Friday & Saturday: 10:00 am to 5:00 pm
Sunday: Closed
Staff
The business is currently run solely by the owner with no additional staff.
Financial Profile
We are advised that the business generates a turnover of £80,000 with an adjusted net profit of £19,000.
Stock at valuation is high and includes a number of rare and collectable pieces, reflecting the specialist nature of the business. Full financial information can be made available to genuinely interested parties.
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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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