CONFIDENTIAL SALE
SOLD / WITHDRAWN
14/04/24
609763
An exciting lifestyle business opportunity in a thriving North Norfolk town.
A unique concept store selling the work of over 50 local artists and artisans. The business currently operates from a superb location in an imposing Grade 2 Listed building in the centre of the town. The interior has been stripped back to reveal the character features of the building with brick and flint forming a perfect backdrop for the hand crafted work available within the setting.
Opening in 2020, the business has gone from strength to strength and is now recognised as the go-to place for discerning buyers of high quality craft.
Due to a change in personal circumstances and a desire to focus on other projects abroad, the vendor has made the decision to sell this highly desirable business venture to someone with the passion and energy to build on their hard work and take the business to the next level.
The shop is in a fantastic location just off the main shopping street of this very popular market town which sees a huge influx of visitors throughout the year. With a passion for supporting independent and local business, the current owner was also instrumental in bringing the very popular weekly Sunday Makers' Market to the town, benefiting both local retail traders and makers.
The owner of the business has excellent working relationships with local artisans, with exclusivity agreements to sell their work on a consignment basis for an agreed commission. The makers are paid out each month in arrears for the sales, which means there is no initial outlay for stock, enabling the owner to maintain a healthy cash flow and provide a curated offering of high quality work throughout the year.
Products offered include ceramics, glass, wood, lighting, textiles, fine art and printmaking as well as digital wall art with design-led books, magazines, greetings cards and stationery. A small collection of wellbeing products such as candles, soaps and body products complement the lifestyle theme of the store.
Accounts information can be provided on request, along with further details of the location, floorplan and lease information.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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