CoGoGo are delighted to bring to market Enigma, a long-established and much-loved spiritual gift shop located in the heart of Ebbw Vale.
Trading since December 2005, Enigma has built a strong reputation as a unique, vibrant destination for spiritual, alternative and gift-led retail. The business is offered for sale due to retirement, presenting an exciting opportunity for a new owner to step into a profitable, creative and community-focused venture.
Enigma specialises in New Age, spiritual, steampunk and gothic products, alongside CBD oils and creams. A major highlight is the in-house manufacture of soy wax melts and candles, which generates excellent repeat trade and sets the business apart from competitors.
In addition to retail sales, the business benefits from three first-floor therapy rooms, rented out on an hourly basis for services including Reiki, massage, tarot and mediumship readings, hypnotherapy and beauty treatments. This creates an additional income stream and draws consistent footfall into the shop.
This is a rare opportunity to acquire a well-established, profitable and character-rich business with strong community roots, multiple income streams and genuine scope for further growth.
Early viewing is highly recommended.
Financial Profile
We are advised that the business generates a turnover of £43,019 per annum.
We are further advised that the business produces a net profit of £12,871, reflecting a solid and sustainable return, particularly when set against the low overheads associated with freehold ownership.
We are advised that ongoing costs are modest, with the benefit of zero business rates under small business rates relief, making this an attractive and efficient operation for an owner-operator.
Full financial information will be made available to genuinely interested parties following a formal enquiry.
