FOR SALE
649220
Freehold Picture Framing Business for Sale – Waterlooville (PO7)
This well-established picture framing business, situated in the heart of Waterlooville, boasts a strong reputation and a loyal customer base developed over years of successful trading. Ideal for those seeking an opportunity in a creative retail sector, it offers a perfect blend of profitability and lifestyle flexibility.
Financial Overview
The business records an impressive annual turnover of £82,000, generating a net profit of approximately £40,000. Currently operating on a four-day trading week, there is considerable potential for growth. A new owner could easily enhance revenue by extending trading hours, tapping into online sales, or expanding into commercial contracts. The existing framework supports additional sales avenues with minimal investment.
Premises and Location
The sale includes the freehold shop premises, providing a secure investment and entirely removing rental costs. This property occupies a prominent position within a well-frequented retail area, making it easily accessible to customers. It is fully fitted for picture framing operations, ensuring a smooth transition for the new owner.
Business Highlights
This picture framing business thrives on consistent profitability, with low operating costs and a straightforward, proven business model. It is perfectly positioned as an ideal lifestyle business, blending work and personal satisfaction. The included freehold adds significant value, ensuring a solid foundation for future expansion.
The business is particularly suitable for an owner-operator, couples looking to shift into a rewarding lifestyle, or existing enterprises seeking to broaden their offerings. With an established community presence since 1985, a rich selection of services including custom artwork displays and photo restoration, and a dedicated workspace, the opportunities are vast.
Reason for Sale
The owner is retiring after 41 successful years of managing the business, presenting an excellent opportunity for a new proprietor to take the reins and continue its legacy.
Asking Price
The asking price for this opportunity is £249,500, which includes business goodwill, fixtures and fittings, and the freehold property. All stock is also included in the sale, making this a comprehensive opportunity for prospective buyers.
For those looking for a well-rounded business in a prime location, this picture framing enterprise checks all the boxes. Enquiries are welcomed from serious buyers, and further information is available upon request.
Among the many features that elevate this business are:
This thriving business, with its long-standing reputation and established customer base, represents a unique opportunity for those aiming to enter the picture framing market or expand their existing operations.
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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