A Luxury Manufacturer & E-Commerce Retailer of Bronze Sculptures in the South East For Sale
Relocatable
- Status
FOR SALE
- Advert ID
624880
- Reference
s1758 / Rightbiz
- Call Agent:
- Leasehold: £200,000
- Turnover: £276,000 (£5,308 per week)
- Profit: On request
Key Features
- Offers Invited
- Attractive Business
- Retirement Sale
- Unique Business
Business Details
A Manufacturer & Global Retailer of Luxury Giftware (Bronze Sculpture) In the UK For Sale
An exceptional opportunity to acquire a respected luxury giftware and collectible sculpture brand that was established in 2009 and has successfully filled a gap in the market.
The company retails an exclusive collection of high quality foundry bronze sculptures, to which they own the exclusive rights. The sculptures are produced in the UK and hold demand from a broad customer base around the globe. Since inception, the company has refined its product list to suit a broad target market with sculptures ranging in price from £105 to £12,000.
Financially, the business is highly cash generative with impressive profits that exceed circa 70% Gross Margin across the product portfolio.
The branded and impeccably presented products are demanded as a luxury choice by a very broad spectrum of high net worth and celebrity clients around the world.
The strongly branded and impeccably presented products are demanded as a luxury choice by a very broad spectrum of collectors, including of high net worth and celebrity clients around the world.
The Company utilises a simple and effective business model to distribute orders all over the world and operates a refined international gift delivery service.
Included in the sale is approximately £115,000 in stock at retail value, plus an additional £60k value of stock (at acquisition cost) including packaging, master moulds and limited edition prints, as well as exclusive rights to product all castings. Â
The sale also includes the website, all IP and a valuable retained customer list which has grown over 15 years and is scarcely available within this market.
Whilst currently specialising in Bronze, the company can expand it's model to other materials, which provide tangible scope for expansion and integration within the broader market.
Offers invited to facilitate a quick sale due to the personal circumstances of the founders, who are willing to offer a complete handover period.Â
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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.
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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