CONFIDENTIAL SALE
FOR SALE
16/02/23
508475
379 / Rightbiz
This is a superb opportunity to acquire a unique online retailer. The business is relocatable to any location across the UK.
The company operates as a leading online retailer of traditional school, scout and guide clothing and uniform. They sell a wide range of clothing, such as short trousers, knee length socks, caps, boaters, traditional cub and scout clothing, gymslips and many more items via their own website, Ebay, Etsy and Amazon. They are committed to providing their clients with traditional uniform items that they require but just cannot find with other retailers! They sell their products to a wide range of clients including those in the film, tv and theatre industries, along with the general public.
The business has been trading since 2002 and has experienced substantial growth on an annual basis since then. They have built up an excellent reputation in their community and are considered a household name in their niche sector for the quality of their products, competitive prices and excellent customer service. They can also boast a loyal customer base which has resulted in a vast amount of recommended business and impressive financial figures over a sustained period of time.
· Excellent reputation
· Loyal customer base
· High customer retention
· High growth sector
· Recognisable brand
· Impressive social media following
· Excellent relationships secured with key suppliers in their industry
· Substantial growth on an annual basis since incorporation
· High turnover - £103,540
· Excellent GP margin
· High adjusted net profit
· Excellent bolt on acquisition opportunity
· The business is positioned for further growth and success.
The business is offered for sale due to retirement and to facilitate growth under the impetus of new ownership. This represents an excellent opportunity for an individual or a direct competitor looking for a lucrative acquisition.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get SolicitorThe data showed regarding this advert 'A leading online retailer of traditional school, scout and guide clothing and uniform - 379 / 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.