Wool and Haberdashery Shop in Heywood, Manchester Up for Sale
Heywood, Manchester
- Status
FOR SALE
- Date Submitted:
19/03/24
- Advert ID
608431
- Reference
B07918 / Rightbiz
- Call Agent:
- Leasehold: £49,995
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Well Established Wool And Haberdashery Shop For Sale
BusinessPlease quote reference B07918
CoGoGo are delighted to welcome to the market Mandy's Wool Shop, a highly rated Wool and Haberdashery shop in Heywood, Greater Manchester.
The business was originally established back in the 1960's, and has been under our clients ownership since 2021. As seen by the online ratings and reviews, the business is extremely popular and well respected within the area.
Mandy's Wool Shop has now come to the open market due to our clients family commitments.
The business sells a wide variety of Sirdar, King Cole, West Yorkshire Spinners and Rico yarns, patterns and haberdashery. Knitting and crochet are their passions and they pride themselves on their friendly and helpful environment.
Key selling points -
- Extremely well established
- Scope for expansion
- Staff in place
- Facebook and Instagram pages in place
- Increase advertising and marketing
- Extend trading hours
- Create a dedicated business website or launch the already created Shopify site
- Explore other social media platforms
Location
Mandy's Wool Shop is located on Bamford Road in Heywood, Greater Manchester.
Due to its ideal trading location, it receives regular levels of footfall and passing trade.
Premises
Ground floor -
- Retail area with central and wall displays
- Service counter
- Kitchen, bathroom and large store room to the back of the unit
- Public parking available in the area
Tenure
This business is being sold on a Leasehold Basis with just over 2 years remaining on the 5 year lease (as of March 2024).
We are advised the rent is currently £450 per month.
Hours
The current trading hours are:
Monday - Closed
Tuesday to Saturday - 10:00am to 4:00pm
Sunday - Closed
Staff
The business is runs and managed by our client with the help of 3 staff members.
Financial Profile
Mandy's Wool Shop generated a turnover of £69,000 in 2023. Full financials can be made available upon further request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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.
Be safe, use a Rightbiz Solicitor
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