London-Based Fashion Couture Brand with 100K+ Instagram Followers Available for Sale
Undisclosed, London
- Status
FOR SALE
- Date Submitted:
17/01/24
- Advert ID
605211
- Reference
GALA//088 / Rightbiz
- Call Agent:
- Leasehold: £150,000 (Stock at valuation)
- Rent: £42,000
- Turnover: On request
- Net Profit: On request
Key Features
- Established Business
- Fully Fitted
- Prime Location
Business Details
Popular Bridal, Party and Prom Dress Business for Sale with Strong Social Media Presence
Popular Bridal, Party and Prom Dress Business for Sale with Strong Social Media Presence.
An exceptional opportunity awaits in the heart of West London, as we present a flourishing business for sale strategically situated on a busy parade. This business boasts a prime location, surrounded by a vibrant community, and is now ready for a new owner to step in and continue its success.
Key Features:
1. Prime Location: Nestled on a bustling parade in West London, this business benefits from high footfall and visibility, ensuring a steady flow of customers. The area is known for its dynamic atmosphere and diverse demographic, providing an ideal backdrop for a variety of businesses.
2. Established Presence: With a well-established presence in the community, this business has become a local favorite. The current owners have cultivated strong relationships with loyal customers, setting the stage for a smooth transition for the new proprietor.
3. Instagram Following: Elevating its appeal in the digital age, this business comes equipped with a robust Instagram account boasting over 100,000 followers. This presents a valuable opportunity for the incoming owner to leverage social media for marketing, engagement, and customer retention.
4. Proven Track Record: The business has a proven track record of success, demonstrating consistent revenue and profitability. Detailed financial records are available for serious inquiries upon refundable deposit being provided to us, showcasing the solid foundation upon which the business stands.
5. Turnkey Operation: The sale includes all necessary assets and equipment worth £70,000, making it a turnkey operation ready for immediate takeover. This minimizes the transition period, allowing the new owner to seamlessly continue operations.
6. Expansion Potential: With a strong foundation in place, there is ample room for growth and expansion. The business is well-positioned to capitalize on emerging trends and further solidify its presence in the local market.
Turnover : £300,000 per year
Gross Profit : 50 % - £150,000 per year
Staff : 1 Full time and 1 part time (64 hours a week)
Working Days : 7 days
Working Hours : 10.30am to 6.30pm (Appointment basis)
Rent : £42,000 VAT per year
Rent Free Period : till July 2024
Sub-let Income : £17,000 per year
Lease : September 2033 (Non - Renewable)
Fixtures & Fittings : £70,000
Reason for Selling : Relocating outside U.K.
Don't miss the chance to be the proud owner of this thriving business in one of London's most vibrant neighborhoods. Serious inquiries are welcome for a confidential discussion and further details.
Contact Agent
Listing Statistics
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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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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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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.
Be safe, use a Rightbiz Solicitor
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