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Long-Established Profitable Fabric Shop & Haberdashery In Suffolk For Sale

Eye, Suffolk, UK, ID 267793

Long-Established Profitable Fabric Shop & Haberdashery In Suffolk For Sale 1
Long-Established Profitable Fabric Shop & Haberdashery In Suffolk For Sale 1
Asking price:
GBP£200 000
Turnover (per year): £125 000 gbp
Net profit (per year):£75 000 gbp
Owner
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Description

LONG-ESTABLISHED FABRIC AND HABERDASHERY SHOP FOR SALE IN EYE, SUFFOLKAn excellent opportunity to acquire a profitable fabric and haberdashery shop located on the High Street in Eye, Suffolk.Established for almost 50 years, the business has built a strong local reputation, a loyal customer base and a long trading history. The sale includes stock, fixtures and fittings, allowing a new owner to continue trading immediately.The business is owner-operated with the support of two employees and is offered for sale due to retirement. It would suit an owner-operator, family business or an existing retailer looking to expand within the fabric, sewing or craft sector.Flexible Purchase OptionsLeasehold: £75,000Freehold: £200,000Both options include fixtures, fittings and stock.Growth PotentialThere is significant scope to increase revenue by developing online sales, launching an e-commerce platform, strengthening social media marketing and expanding sales to sewing, quilting, dressmaking and craft customers.

Details

Real Estate: Real Estate Included
Employees (ppl): 2
Asking price: 200 000 gbp
Turnover (per year): 125 000 gbp
Net profit (per year): 75 000 gbp

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