Featured Brokers
CONFIDENTIAL SALE
FOR SALE
21/11/23
602935
155115 / Rightbiz
The company operates as a lifestyle store, specialising in the sale of fashion and homeware.
The business provides a unique foundation for future growth by offering both its quality own-brand products as well as curated overseas offerings.
The company currently operates on a B2C basis, via its e-commerce platform and its high-street store. Online sales currently make up 10-15% of the total sales per annum.
The business is being offered for sale to facilitate the growth of the company under the impetus of new ownership.
Our clients are open to all types of structured offers, subject to negotiation.
Offers invited.
- YE23 turnover in excess of £565k.
- Increase in turnover of 41% across YE20–YE23 period.
- Consistent average of 41% gross profit margin.
- E-commerce platform currently averaging 20k orders annually.
- Operates from freehold premises, situated within a high-quality shopping centre with a consistent footfall, that has an estimated market value of £700k.
- Our clients are open to the property’s inclusion in the sale on a leasehold basis.
- Scope to enhance its existing e-commerce platform to keep up with growing online demand and to generate similar levels of revenue to that of its in-person store.
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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