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Phone Refurbisher and Retailer in Lancashire - Established Online Business with Automated Trade-In Site

Undisclosed, Lancashire

CONFIDENTIAL SALE

  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    04/05/22

  • Advert ID

    294773

  • Reference

    B06787 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Phone refurbisher and retailer

Business
Established in 2015, this online phone and tablet refurbisher and retailer has quickly grown to a prominent position in a competitive marketplace. A custom-coded, largely automated trade-in website ensures an excellent supply of phones; a well-optimised retail website delivers large volumes of sales. This approach is complemented by prominent visibility on trade-in comparison sites and high volumes of sales on third-party platforms such as Amazon and eBay. The business also offers phone repairs.

This online phone refurbisher and retailer has established a secure business model by sourcing phones and tablets via its highly visible trade-in website, refurbishing them in-house, and selling devices through its retail website. Online partnerships and a prominent digital profile have led to high demand, which would be best served by growing the business further.



Location
The business is located in the North West of England. 



Premises
Operating out of a leased premises.



Tenure
We are advised that the business is offered on a leasehold basis.



Hours
Given the nature of the business, it operates all year round. 



Staff
We are advised that the business has staff in place. 



Financial Profile
  • 2023 turnover IRO £1,930,000
  • The business is offered to the market confidentially, on a 100% share sale basis.
  • Further details will be provided upon signing of a Non-Disclosure Agreement.




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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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.

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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.

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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.'.

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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.

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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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Contact seller

SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

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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The data showed regarding this advert 'Phone refurbisher and retailer - B06787 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.