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Acquire Award-Winning Gentlemen's Outfitters Business in County Durham, North East

Undisclosed, County Durham

CONFIDENTIAL SALE

  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    28/02/24

  • Advert ID

    607490

  • Reference

    INT2204 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £575,000
  • Turnover: £1,047,285 (£20,140 Per week)
  • Net Profit: £168,128 (17% Profit margin)

Business Details

Award Winning Gentlemen’s Outfitters for Sale in the North East


    For sale is a reputable and highly successful gentlemen’s outfitters providing exceptional quality suits, footwear, casualwear and accessories, based in the North East.

    The award-winning men’s clothing shop is situated in the heart of the city, offering a brilliant range of tailoring and casualwear, alongside stunning footwear for all formal and informal occasions. Alongside their renowned clothing items, their stellar workshop also offers clothing alterations and dry cleaning, ensuring their customer’s garments can sustain long-wear while still looking fantastic.

    The clothing business has become an award-winning institution, and is proud to have gained more than 15 prestigious Retail Awards including; Local Retailer of the Decade and the Independent Business of the Year. Now, the business is now recognised globally as a first-class gentlemen’s clothing retailer.

    Not only are they known for their exceptional items of clothing, but they also greet all customers with stellar customer service and have established a memorable presence the local area and beyond. Stock will be available to purchase by separate negotiation.
    Read more

    Contact Agent

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    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.

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    Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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    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.

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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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    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.

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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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    SOLD OR WITHDRAWN FROM THE MARKET
    Advert pending deletion

    Related Tags:

    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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    Disclaimer

    The data showed regarding this advert 'Award Winning Gentlemen’s Outfitters for Sale in the North East - INT2204 / 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.