SOLD
18/06/25
2987
MSR1 / Rightbiz
There’s currently a long-established homeware, hardware, and pet foods business for sale in South Essex, offering a great opportunity for someone looking to step into a thriving retail environment.
Here are some highlights of the listing:
Established for 14 years with a loyal customer base and strong local reputation
Located in a busy market square with excellent footfall and weekly market traffic
Offers a wide range of products including DIY tools, cleaning supplies, garden items, and pet foods (including raw frozen options)
Includes key cutting services and all equipment and fittings in the sale
New lease available, with current rent at £10,500 per year
Asking price: £29,500, with stock valued separately at around £30,000–£40,000
Annual turnover is reported to be in the region of £80,000, with potential for growth
This could be a great fit for someone with retail experience or a passion for home and pet products. If you’d like, I can help you draft an enquiry email or explore similar listings in the area. 🛠️🐾🏪
Buying an existing business can be a smart move—like stepping onto a moving train instead of building the tracks yourself. Here’s why it might be worth considering:
Proven Track Record: The business already has a history of performance, making it easier to assess profitability, customer demand, and operational costs.
Established Customer Base: You’re not starting from zero. Loyal customers, brand recognition, and word-of-mouth goodwill are already in place.
Immediate Cash Flow: Unlike a startup, which may take months or years to turn a profit, an existing business can generate income from day one.
Easier Financing: Lenders are often more willing to fund a business with a solid trading history than a brand-new venture.
Experienced Staff and Systems: You inherit trained employees, supplier relationships, and operational systems—saving time and reducing growing pains.
Room to Grow: Many businesses are sold due to retirement or lifestyle changes, not because they’re failing. That means you might be buying untapped potential.
Of course, due diligence is key—you’ll want to dig into the books, understand why the owner is selling, and assess any risks. But if the fundamentals are sound, it can be a faster, safer route to business ownership.
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.
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