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HOME FRAGRANCE COMPANY

Leigh on Sea, Essex
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HOME FRAGRANCE COMPANY
  • Leasehold: £39,950
  • Turnover: N/A £0 Per week
  • Net Profit: N/A

Business Details

HOME FRAGRANCE COMPANY - LEIGH-ON-SEA - A fantastic opportunity to acquire a home fragrance business trading from the ever popular Leigh-on-Sea, Essex where customers can visit the wonderfully presented shop to browse the various scents which we're advised there are in excess of 60 different ones available. The business also has an e-commerce website which is very popular and generates significant turnover for the business. Our client has built up an enviable reputation since establishing the business, supported by a 4.9* Facebook rating, with lots of repeat custom both locally from the shop and from around the country via the e-commerce website. Our client manufactures all the products sold by the business from the workshop room at the rear of the retail shop, then sells the products manufactured in the shop and on the website. The website is included within the sale price, along with the client database and social media pages which have built up a strong following. This presents an ideal opportunity for someone looking for their first business, but would equally suit an acquisition from an established online or retail operator looking to add to their existing operation. The business has a good established turnover with the most recent set of accounts confirming net sales of £251,287 with a reconstituted net profit c£36,000 but still leaving scope to increase further by adding online stores on platforms like amazon and ebay. Our clients current rent payable is £10,000 per annum. No business rates. Viewing recommended.

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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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