This is a superb opportunity to acquire a well established wool retailer based in Nottingham

This is a superb opportunity to acquire a well-established wool retailer based in Nottingham. This is available on a leasehold basis.

The business operates as a leading award-winning independent retailer of a wide range of wool, yarns, needles, patterns, and other related products via their premises located in the centre of Nottingham, as well as their website. They also hold regular workshops to cater for everyone from beginners to the most experienced. These workshops add to the community feel of the shop and entice people from all walks of life from university students to the retired.

The business has been trading since 2010 and has experienced steady growth since then on an annual basis. They have built up an excellent reputation and are considered a household name in their niche sector for the quality of their products, competitive prices, and excellent customer service. They can also boast a loyal customer base which has resulted in a vast amount of recommended and repeat business.

A key reason for the success of the business is the vast range of products they sell, and that they have minimal competition in the town. The workshops are always popular and bring like-minded people together in such a fun and therapeutic way. 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.

·       Business in operation since 2010

·       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 for 9 months - £88,465

·       High Net Profit for 9 months - £21,527

·       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 relocating.  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.