North London Pottery, Arts & Crafts Studio for Sale in Finchley, Established Since 2013
Finchley, London
- Status
FOR SALE
- Date Submitted:
13/05/23
- Advert ID
513152
- Leasehold: £25,000 (Stock at valuation)
- Rent: £16,500
- Turnover: £75,000 (£1,442 Per week)
- Net Profit: On request
Key Features
- Accounts Available
- Established Business
- Attractive Business
- Fully Fitted
Business Details
Pottery and Arts and Crafts Studio in North London
This is a superb opportunity to purchase a pottery painting café in North London, a place for families to get creative.
Established business, trading since 2013, a unique concept that has been successfully trading for the last 10 years.
The business has a excellent reputation in the local community with a loyal customer base and is considered a household name in the area. Lots of repeat business.
Since setting up 10 years ago, the studio has become very popular and known in the local community for birthday parties which are held every weekend throughout the year. The business has grown organically, via website, social media and word of mouth.
Extensive pottery product range which allows adults/children/families to enjoy the art of pottery. In addition to the day to day walk in trade there is a high level of birthday parties/afternoon tea/group sessions held in the studio.
Café is also on site and premises is fully fitted and equipped for refreshments such as coffees/milkshakes/smoothies and light snacks.
- Premises was refurbished in 2017 and all fixtures and fitting were acquired new. Fully fitted and equipped premises
- Popular area with free customer parking
- Capacity for up to 48 guests
- Turnover £70k on limited weekend trading hours due to current owners health, therefore selling reluctantly.
Huge potential to grow turnover even more on full workings hours.
Genuine potential for growth is available through various channels:
• further marketing and advertising potential
• increase product range, virtual classes
• expand creative kits range
• huge opportunity to increase working hours
• offer studio rental
• introducing classes such as workshops/pottery making/holiday camps/toddler art sessions/bespoke commissions
• introducing off site events
• increasing the refreshments range
• add online pottery shop on website
Tenure:
New 5 year lease with a break clause available at 2.5 years. £16, 500 per annum, inside the Act.
Longer lease term available if required.
This is an excellent opportunity for an entrepreneur looking for a successful and established business. This business is already experiencing a high volume of enquiries, so to avoid disappointment please contact us asap.
For more information, please contact us by using the form below.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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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.
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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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