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A RENOWNED ONLINE RETAILER OF PREMIUM LEATHER BAGS, FINE JEWELLERY AND LIFESTYLE ACCESSORIES

Undisclosed

CONFIDENTIAL SALE

  • Leasehold: Price on Application
  • Turnover: £1,200,000 £23,077 Per week
  • Net Profit: On request

Business Details

Turnover of £1.2m, with an EBITDA of £250k Turnover set to rise to £2m, with an EBITDA of £600k Recognised as one of the leading independent accessories brands in the UK, this premium brand produces high-quality leather bags, fine jewellery and lifestyle accessories. A design-led brand, best known for its accessible pricing, contemporary
design and exceptional customer service. Extensive product offering, featuring bags available in a customisable range
of colours and styles, with additional personalisation opportunities. Loyal customer base of private individuals achieving an outstanding repeat purchase record. Brand has a well-established and extensive e-commerce platform, which
has recently been extended to enable full multi-currency, international expansion. Sales are primarily generated via its own website, with additional sales from concessions within department stores and other online retail supplier
agreements. Operates from leasehold premises. Growth opportunities include the development and diversification of its
product range, expansion across additional selling platforms and increased focus on marketing through social media.
The shareholders are offering the company for sale as part of their retirement plans. Offers invited.

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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.

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