Buy Established Schoolwear Business in Colwyn Bay, Conwy Offering Online and In-Store Sales
Colwyn Bay, Conwy
- Status
SOLD / WITHDRAWN
- Date Submitted:
28/02/24
- Advert ID
607524
- Reference
INT2163 / Rightbiz
- Call Agent:
- Leasehold: £75,000
- Turnover: £234,436 (£4,508 Per week)
- Net Profit: £50,201 (22% Profit margin)
Business Details
Established Schoolwear Business for Sale in Colwyn Bay
This is a brilliant opportunity to purchase an established and reputable schoolwear shop in Colwyn Bay, with sales being available both online and in-store.
This business has experienced great success since its establishment 40 years ago, and now stocks uniforms for 43 local schools, (including primary and secondary) with £90,000 worth of stock currently held in-store.
Due to the high quality of their clothing, the business has become a one-stop-shop for pupils in the Colwyn Bay area. They stock all items of school uniform including; general school clothing, school sportswear, accessories and even Brownies/Guides clothing.
With great connections, the business has links with a local workwear specialist - who they occasionally use in order to brand specific items
They pride themselves on delivering excellent customer service and fulfilling all customer’s needs when it comes to all items necessary for school.
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Listing Statistics
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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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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.
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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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Advert pending deletion
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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