Spettacolo
Hamleys Sale Spotlights Recession-Proof Sector
Hamleys, which was founded 252 years ago in 1760, has been acquired by French company Groupe Ludendo in a deal worth £60m.
Although the rise of Toys R Us and video games have posed serious threats to traditional toy shops, the sector is widely seen as comparatively recession-proof.
The 2008 financial crash sparked a resurgence in demand for traditional toys, which parents perceived as offering better value. Moreover, the demise of Woolworth's saw £300m of business rerouted to independent retailers.
Toy shops currently for sale on BusinessesForSale.com include a well-established shop in Hampshire on the market for just £13,000, a Staffordshire museum-cum-toyshop going for £25,000 and, most unusual of all, a toy shop with adjoining internet café and PC repair shop in Surrey .
Hamleys will soon be a as Groupe Ludendo is expanding the brand, which has 22 stores around the world, through franchising.
Andrew Markou , CEO and technical director of BusinessesForSale.com, says: "Toy shops exert a powerful hold on our imagination long into adulthood. But there's more to the attraction of buying a toy shop than nostalgia alone.
"They're often among the most affordable businesses and require no specialist skills or experience, so it's a great way to realise your dream of being your own boss."
He continues: "Aspiring toy shop owners might even consider buying a Hamleys franchise. There could hardly be a more prestigious business opportunity than the world's most famous toy shop."