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CONFIDENTIAL
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A unique boutique business in Coventry is now available for sale, offering a range of women's clothing, toys, and different party and casual wear for girls. This business is ideally situated in a high-traffic shop parade, merely 50 meters from a school, thus ensuring a steady flow of customers. Included in the sale is a stock valued between £12,000 to £15,000. Furthermore, the business is VAT-registered and safeguarded by Employer’s Liability Insurance with £1 million coverage.
Buyers will also benefit from a 1-year QuickBooks accounting subscription, a Wix website, a Zoho email, an Amazon selling account, and an ongoing domain subscription, enhancing its online presence. The current lease has 5 years and 6 months left, with an option to extend. The boutique resides among five other shops and is next to a soon-to-open off-license, adding to its attractiveness. Furthermore, it includes a £15,000 credit line with a major supplier featuring 60-day terms and a £5,000 deposit with the landlord.
The business was established in November 2024 and is listed at a leasehold price of £28,000, with an annual rent of £10,000. Training opportunities are available for new owners, and the store employs one staff member. Noteworthy is that all fixtures, fittings, and inventory are included in the price. Valuable accounts information is also available for review.
This opportunity would appeal to investors looking to own a small but distinct business in a prime location. The existing networks and tools provide a strong foundation for further expansion. The boutique is fully fitted and ready for a new owner to take advantage of its strategic positioning and loyal customer base.
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 £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 £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
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