Mobile Phone Shop to Rent in Manor Park, London with high foot traffic and diverse services.
Manor Park, LondonEst. 9 years
- Status
FOR SALE
- Advert ID
658779
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Mobile Phone Shop to Rent
Available for rent is a well-established mobile phone shop located in the bustling area of Manor Park, E12, London. Since its inception in 2017, this thriving business has provided a comprehensive array of services, including mobile phone sales, repairs, and a variety of accessories. The shop's prime location attracts high foot traffic, ensuring consistent customer engagement and offering an excellent opportunity for continued growth. In addition to its core services, the shop boasts dedicated retail space for tech accessories, which not only enhances revenue streams but also appeals to a broad customer base. Notably, its proximity to a barber shop has the potential to draw more clientele, fostering cross-service opportunities and increasing footfall.
The strategic location of the shop further enhances its appeal. Surrounded by numerous restaurants and grocery stores, the business benefits from a steady influx of pedestrians, which is integral for sustained customer interest. These nearby amenities contribute to a vibrant community atmosphere, creating an environment that is beneficial for business. Such an inviting setting is likely to attract potential customers, thereby increasing the shop's visibility and profitability.
The current owner is seeking to rent out the business due to other commitments, presenting an exciting opportunity for a new owner to take over and build on the shop's successful operations. With a well-established online presence, the business facilitates further outreach and marketing opportunities, allowing for significant potential to expand its customer base. This combination of a strong local presence and digital engagement positions the shop as a promising venture for those looking to enter the mobile phone retail industry.
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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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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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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.
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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.
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.'.
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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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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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