Discount and Bargain Shop with Money Transfer Services for Sale in Watford Hertfordshire
Watford, Hertfordshire
- Status
FOR SALE
- Advert ID
648706
- Leasehold: £60,000
- Rent: £18,000 (£1,500 per month)
- Turnover: £210,000 (£4,038 per week)
- Profit: Not Applicable
Key Features
- CCTV security system
- Contact details for inquiries
- Potential for sales growth
- Prime retail location
Business Details
Discount and Bargain shop plus Money transfer
We are offering a well-established retail shop for sale, situated in an excellent location on Market Street, close to the town centre. This thriving business is being sold due to our relocation to another city. With the shop currently operated by a single member of staff, we are more than willing to provide training support for the new owner to ensure a smooth transition.
The leasehold price is set at £60000 and the shop enjoys a respectable current turnover of £96,000. The annual rent stands at £18,000, which reflects the advantageous position of the shop.
Business Highlights
One of the standout features of this retail shop is its substantial potential for growth. The business benefits from a loyal customer base that returns regularly, and there are exciting opportunities for expansion. Our product range is diverse, encompassing electronics, home goods, and fragrances, all of which appeal to a broad demographic.
Prime Location and Layout
The shop's central location guarantees high visibility with significant foot traffic, making it an attractive proposition for discerning shoppers. Its well-organised layout optimises space and enhances accessibility, ensuring a pleasant shopping experience for customers. Additionally, the storefront is designed to be eye-catching, drawing in passersby and encouraging them to explore the offerings within.
Established Services
The business also includes established money transfer services such as Western Union and MoneyGram, which add another revenue stream and appeal to the needs of the community. This combined with the shop’s favourable market position makes it a remarkable investment opportunity.
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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.
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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.
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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.
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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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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.'.
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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