Arabian perfume and Islamic fashionshop for sale in Banbury Oxfordshire
Banbury, Oxfordshire
- Status
FOR SALE
- Advert ID
647015
- Leasehold: £20,000
- Rent: £11,500 (£958 per month)
- Turnover: Not Applicable
- Profit: On request
Key Features
- Established customer base potential
- Stock inventory included in sale
- Asset sale with included stock
- Attractive asking price
Business Details
Arabian perfume & Islamic fashion shop for sale
The Arabian perfume and Islamic shop, located in the heart of Banbury, Oxfordshire, is now available for sale.
This well-positioned store has been operating since August of the previous year, benefiting from a prime location right next to the post office and at the main entrance of the bustling Castle Quay shopping centre. This strategic placement not only ensures a huge customer footfall but also provides easy access to ample parking, making it an attractive venue for shoppers. With significant local traffic and nearby amenities, this business has immense potential for growth.
Despite its promising location, the owners must unfortunately sell due to time constraints, as one partner has left and the remaining owner is now committed to other obligations. The business is currently family-run and has no employees. This hands-on approach allows for a personalised customer experience, enhancing the shop's appeal.
Key Details for Prospective Buyers
The shop has been in operation for just seven months, and while it hasn't reached the one-year mark, it has already developed a loyal customer base. Notably, there is very low competition in the vicinity, with only one other Arabic perfume shop nearby, allowing for a unique market position. The sale includes all stock, which offers an advantageous asset for new owners looking to step in seamlessly.
The leasehold price is set at £20,000, with an annual rent of £11,500. Given the attractive asking price, this venture is particularly suitable for family operations. The space is versatile, presenting opportunities for additional business activities or special events.
Business Features
This charming shop not only boasts a welcoming ambiance but also features well-maintained facilities, including washroom amenities. The sales counter is strategically positioned, enhancing customer engagement, while the property is celebrated for its upkeep and local reputation. With the potential for walk-in trade and extensive support from surrounding community amenities, this business offers a solid foundation for future development.
If you are interested in exploring this unique opportunity further, the availability of training for new owners can be arranged as needed. Don’t miss out on acquiring this promising business venture in a vibrant community!
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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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