Well-established, fabric and haberdashery business based in Leamington Spa

  • Leasehold Price: £60,000
  • Annual Turnover: £69,000
Leamington Spa, Warwickshire, England
Seller Ref:315
For Sale

Well-established, fabric and haberdashery business based in Leamington Spa

Leamington Spa, Warwickshire, England
Seller Ref:315
  • Leasehold Price: £60,000
  • Annual Turnover: £69,000

Description

This is an excellent opportunity to acquire a well-established, fabric and haberdashery business based in Leamington Spa. The business is available on a leasehold basis.
The business has been established since 1998 and has experienced significant growth on an annual basis since they began trading. The vendor has skilfully created a unique business that supplies a wide range of fabrics and haberdashery related products to various clients. The business has an excellent reputation for supplying highest quality fabrics and related products to clients varying from housing developers to private (domestic) sewing enthusiasts. Despite the supply of fabrics, including high quality and exclusive silk fabrics and wool, they offer a wide range of complimentary services such as the sale of home furnishings and a repair and alterations service.
• Excellent Reputation in their Community and Industry!
• Established since 1998
• Vast amount of repeat and recommended custom
• Suppliers to a number of commercial clients in the area
• High Growth Sector
• Excellent reviews
• Minimal Competition in the area
• High Footfall Location
• Property spread over 2 floors
• All Assets, Fixtures and Fittings and Stock included in the sale
• Excellent Relationships with key suppliers in their industry
• Minimal Overheads
• Turnover – £66,280 (2021)
• High Gross Profit Margin
• High Adjusted Net Profit – £20,000 +
• Huge Potential for further growth and success.
It is with a heavy heart that the vendor is selling the business due to retirement. This is an excellent opportunity for an entrepreneur, with creative flair, who is looking for a unique ‘lifestyle’ business, an ambitious entrepreneur looking for a business with huge potential or even an existing company (potentially an Interior Designer) looking for a lucrative bolt on acquisition to complement their current offering. Due to the nature of this business, we are already experiencing a high volume of enquires, so to avoid disappointment, please contact us for further information.

Support and Training:
Full Handover and Support to be Given
Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

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