FOR SALE
648817
Well-established fabric shop in Ipswich, Suffolk, renowned for its diverse selection of fabrics including those for apparel, craft, and upholstery. This charming shop boasts an extensive inventory, ranging from soft and hard haberdashery to utility fabrics such as calico, muslin, blackout lining, leatherette, waterproof materials, organza, linens, and cottons. Additionally, the shop offers table protectors and sample books, allowing customers to place orders for specific fabrics. Sourcing both locally and from manufacturers across the UK, including those who produce surplus stock for well-known brands like NEXT, ensures competitive pricing while promoting sustainability by reducing waste.
Founded over 25 years ago, the business has a rich history in the fabric retail sector. After starting in street markets since 2000 and operating in locations such as Worthing, Horsham, and Redhill, the shop has successfully transited to a permanent site at Stonham Barns and is currently situated in Ipswich. The shop has been owned by the same individual for 26 years, showcasing a commitment to quality and customer service throughout its journey.
The location of the fabric shop is a significant advantage, being within walking distance of Ipswich town centre and surrounded by numerous restaurants and convenience stores. This prime position not only attracts foot traffic but also enhances the shopping experience for customers. While there is competition from other fabric shops in the town centre, particularly those specialising in cotton fabrics for quilting and sewing, this shop differentiates itself with its broader range of inventory and haberdashery supplies.
Business Features and Opportunities
The business is being offered with several attractive features. It includes built-in wooden bays, Güttermann thread stands, and ribbon stands, with the option to purchase stock as a separate entity or in its current state. Operating from leasehold premises, the shop has low operating expenses and is fully relocatable, making it an appealing venture for those looking to enter the fabric retail market. There is also the potential for expansion, as the current owner has not been able to invest in growth due to financial constraints, presenting an ideal opportunity for new ownership to take advantage of available growth avenues.
Online Presence and Support
In today’s digital age, the fabric shop maintains an online presence, allowing for greater customer engagement and marketing opportunities. The current owner is also open to providing training for any new owners as required, ensuring a seamless transition and continued success of the business.
This fabric shop represents not only a sustainable business model but also a chance for passionate individuals to continue a legacy that spans over two decades. With accessible location, established customer base, and opportunity for growth, this venture is poised for success in the right hands.
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
Get SolicitorThe data showed regarding this advert 'Fabric Shop for sale in Ipswich Suffolk ' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.