This is a superb opportunity to acquire a solidly established independent wool retailer based in Brighton, East Sussex. This is available on a leasehold basis.
The business sells a wide selection of high-quality knitting-related items from wool, yarns, and needles, to patterns, notions, and other products via their well-equipped premises located in the centre of Brighton, as well as their fully functioning website. The shop is visited from students, enthusiasts, and the retired from across Brighton and the surrounding areas, and their workshops are always incredibly popular for beginners as well as the more experienced. The premises are bright and spacious, as the vendor has skilfully combined the character features of the property with modern fixtures and fittings.
The business has been successfully trading in Brighton since 2014 and has an incredibly loyal customer base, some have been customers for many years! Benefiting from high footfall as well as having active website sales, the business has created an excellent reputation within the industry that it serves for the quality and range of its products, incredible customer service, and competitive prices. Many of their customers visit the shop having looked at the products on their website first, and their customers range from the general public, and tourists, to commercial clients.
This is a very profitable business that is growing year on year. It is at a pivotal point in its development and offers any new owner huge potential for expansion, especially through website sales. The business has achieved growth on an annual basis since they began trading, and this is largely due to the huge range of products they sell, the ever-popular workshops, and that they have minimal competition in the town from other similar businesses.
• Business in operation since 2014
• Steady growth since establishment
• Excellent reputation in area and Industry
• Loyal customer base
• Excellent location in City centre
• Minimal competition in the area
• Excellent relationships with suppliers
• High turnover – £110,000 (approx.)
• Huge potential for further growth
• Fully fitted premises
• Excellent transport links
It is with a heavy heart that the current vendor is selling due to family commitments. However, the vendor is willing to stay on for an agreed period to help with the transition if required as she would like the handover to be successful. Due to the nature and impressive potential of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur who is looking for an established business within the retail sector or an existing business looking for a lucrative acquisition. This is a turnkey business that is ready to trade from day one and is positioned to thrive under the impetus of new ownership!
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.