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CONFIDENTIAL SALE
FOR SALE
10/08/23
517884
ECA-006 / Rightbiz
Established in 2019, our client is a premier children's toy shop with a vibrant online presence, specialising in selling top-quality, engaging toys through immersive live streams on various social media platforms.
This approach enables real-time interaction with the customers and brings the fun and excitement of toy shopping right into the comfort of the home.
Moreover, the intuitive and user-friendly website offers a seamless shopping experience with detailed product information and easy checkout options.
Strength lies in the robust social media presence, backed by a community of loyal customers, and a promise to offer only the best in the market. The clients believe in not just selling toys but in creating joyful memories.
Our client has proudly established itself as the front-runner in the children's toy industry, particularly in the arena of social media live streaming.
Over the past few years, the Business has witnessed an exceptional growth- circa 1149% in two years. This growth is testament to the unique blend of immersive shopping experiences and high-quality product offerings.
This growth trajectory isn't merely reflected in the sales numbers but also in the growing community of loyal customers who continually choose this company for their children's entertainment needs.
The social media platforms have seen increased engagement, and the website & social media platforms have recorded a significant surge in traffic, demonstrating the far-reaching appeal of this unique business model. Current levels of followers are:
3000 Followers on Instagram
40,000 Followers on Facebook
77,000 Followers on TikTok
This success results from a commitment to customer satisfaction and an ability to adapt to the evolving retail landscape, bringing the joy of toy shopping into the digital age.
Despite the rapid expansion, our client remains focused on the core values and is dedicated to furthering the mission of creating joyful memories for children everywhere.
In a social media-driven business like this, adapting to constant changes and trends is a necessity.
The online retail landscape, particularly in the children's toys sector, is evolving rapidly. New platforms emerge, customer preferences shift, and the tactics that worked yesterday may not be as effective tomorrow.
It's a thrilling yet challenging environment that requires agility, foresight, and a keen understanding of the digital landscape- skills that this business has in abundance!
However, scalability is the most significant trend to anticipate amidst all these changes. As our client continues to grow and their community expands, it's crucial to have the right mechanisms to manage this growth effectively.
Whilst our clients stay attuned to the shifts in social media trends, the primary focus remains on evolving and scaling the business operations to meet the growing demands of their customers and ensure they continue to deliver the joyful shopping experience children come to expect from our clients.
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 Solicitor
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