CoGoGo are delighted to welcome to the market Abode At Number Five, a highly rated gift shop in Ironbridge, Shropshire.
Abode At Number Five is a well established business opportunity that has been under our clients ownership for a number of years. The business has built up excellent reputations and repeat client base. As seen by the online ratings and reviews, its extremely popular with the local area.
The business has now come to the open market due to our clients desire to retire.
Abode At Number Five is a well stocked and interesting gift shop selling a range of eclectic and carefully curated products such as -
Furniture
Lighting
Ornaments
Clocks
Artwork
Gifts
Greeting Cards
Artificial Flowers and Plants
Mirrors
Belts
Soft furnishings
Pots and planters
Soaps
Key selling points -
A well established business with an enviable reputation and many regular customers
Prime trading position in the centre of town
Current owner happy to offer a handover to ensure the continued success of the business
A real opportunity to increase turnover and profits significantly. The current owners are running at a pace to suit but the business enjoyed much higher turnover previously
Scope to improve -
Advertising and Marketing campaign
Extend the opening hours, Business is currently being run at a pace to suit
Website, ideally with an e-commerce facility
Consider selling into Amazon or opening an eBay shop
Open a coffee shop or tea rooms on first floor
Maximise the use of social media particularly Facebook, instagram and Twitter
Advertise products on Etsy
Introduce a customer loyalty card/scheme
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £95,000. Further financials can be made available upon request.
