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CONFIDENTIAL
FOR SALE
649107
For sale is an established lifestyle store located in the vibrant residential area of Bedford, Bedfordshire. This rewarding business has been in operation for 13 years, with the current owner also possessing it for the same duration. The store enjoys considerable foot traffic, thanks to its proximity to other independent businesses, making it an attractive destination for potential customers. With a current turnover of £84,000 and an annual rent of £15,000, this leasehold opportunity presents significant potential for future growth.
The shop offers a diverse range of artisan-crafted gift items and places a special emphasis on creative pursuits, which makes it a haven for hobbyists. The current offerings include craft workshops designed for beginners, customisation services, and unique personalised products that have contributed to the store's established brand reputation. Not only does this create a loyal customer base, but it also presents opportunities for expanding the product range and increasing customer engagement.
Key Business Features
Customers are drawn to the shop not only for the unique products but also for the welcoming atmosphere and engaging community spirit. With low competition in the area, the business is well-positioned to thrive further. The store boasts high visibility and foot traffic, coupled with a fully equipped workshop space that allows for both retail and creative endeavours. This flexibility in commercial space permits various business initiatives, including the exciting prospect of adding a tea room, should the new owner desire it.
Included in the sale are all fixtures, fittings, and stock, ensuring a seamless transition for the new owner. They will also benefit from the owner’s willingness to provide training support if requested. Moreover, the business boasts a strong social media presence, with over 10,000 followers engaging with its content, showcasing the popularity and community connection the store has fostered.
Opportunities for Growth
This lifestyle store represents a fantastic opportunity for those looking to step into a profitable business model with a solid footing in the local community. With the potential to extend trading hours and explore retail partnership opportunities, new owners can further develop this already successful venture. The current owner is retiring, providing a rare chance for someone passionate about artisan crafts and community-oriented retail to take over an established and respected business.
In summary, this lifestyle store in Bedford presents a rare opportunity for growth in a low-competition environment, supported by a strong community reputation and an engaged customer base. Don't miss the chance to carry forward a business with a bright future and a devoted clientele.
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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