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CONFIDENTIAL
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616446
144376 / Rightbiz
Overview
The company specialises in the provision of globally sourced menās clothing and accessories, operating online and instore.
Having achieved authorised dealer status with an extensive amount of high-value, prestigious brands, the business has become a well-established independent retailer, stocking the most sought after retro and heritage clothing.
As the ultimate destination for fashion-focused men, the company has attracted hundreds of thousands of visitors, including high-profile celebrities, throughout its time in operation.
Our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Items include jackets, footwear, hoodies, shorts, trousers, camping gear, and gifts.
- Consistently keeps its stock in season, while continuing to attract more brands that often collaborate with the business.
- Boasts an international customer base, with individuals buying from the USA, and France.
- Predominantly attracts high-earning members of the public, and works with customers in the film industry.
- Benefits from circa 400,000 customers, 60% of whom provide reliable streams of ongoing revenue.
- Operates from a leasehold store and warehouse facilities.Ā
Scope for growth via the expansion of its own brand of clothing.
Financial Highlights
- YE25 management turnover of Ā£3.7m.
- YE24 turnover in excess of Ā£3.6m.
- Shareholder funds stand at Ā£656k in YE24.
- Approximately 80% of all sales activity is conducted by the businessās numerous e-commerce stores.
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 Ā£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 Ā£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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