Timeless Classic Menswear Business for Sale in Herne Bay, Kent
Herne Bay, Kent
- Status
FOR SALE
- Date Submitted:
22/02/24
- Advert ID
607182
- Reference
INT3014 / Rightbiz
- Call Agent:
- Leasehold: £54,000
- Turnover: £75,000 (£1,442 Per week)
- Net Profit: £21,600 (29% Profit margin)
Business Details
Well Established Menswear Business for Sale based in Herne Bay
This is the exciting sale of a well established menswear business based in Herne Bay.
Vic Kimpton stands as the longest-standing shop in the area, proudly serving the community for over 50 years. With an impressive collection of 5-star reviews on Yell, this business has earned a stellar reputation and boasts a loyal client base.
Whether you're seeking casual wear, corporate event attire, or a formal outfit, rest assured that Vic Kimpton can fulfill your requirements. The diverse inventory includes a wide range of brands and items, featuring selections from luxury designer outfits.
Specialising in timeless classic menswear, the business pays particular attention to the larger gentleman, offering sizes up to a 60" waist and 66" chest.
Having been under the same proprietorship throughout its long history, the business is now on the market due to the owner's overdue retirement. This presents an excellent acquisition opportunity within the fashion industry.
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Listing Statistics
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Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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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