FOR SALE
629724
Since its inception in 2014, TJ's E-Cigarettes has emerged as a prominent regional retail chain with 13 stores situated in Kent and London. Our journey began with the first store on Milton Regis High Street in Sittingbourne, and we have strategically expanded into high-traffic locations such as town centers and bustling shopping streets. This expansion strategy has significantly increased our visibility and accessibility, enabling us to cultivate a strong and loyal customer base. TJ's E-Cigarettes is renowned locally for its quality products, knowledgeable staff, and consistent customer service. We offer a comprehensive range of vaping products, including e-liquids, devices, and accessories, tailored to both novice and experienced vapers.
We are currently selling our stores either as two groups or individually. The first group comprises seven stores located in Sheerness, Milton, Sittingbourne, Gillingham, Twydall, Sevenoaks, and Eltham. This group is being offered as an asset sale with a net profit of £461,768.76. The individual pricing for these stores totals £843,109, with an option to purchase all seven stores for £800,000. This includes fixtures, fittings, and stock. Additionally, these stores fall under the 1954 Landlord and Tenant Act, providing an option to renew all leases upon term completion.
The remaining six stores are available for sale individually, with pricing based on stock value inclusive of fixtures, fittings, and stock. Interested parties are encouraged to view photographs for specific pricing details. This established business presents a leasehold opportunity, with an asking price available upon request, and the current turnover at £1,557,063.
The business boasts a profit margin of £461,768, with all stock included in the sale price. We provide complete accounts for review. It is a well-established business in a prime location, with potential for alternative use. Situated in a town center, this attractive business is close to local amenities and adjacent to multiple retailers. The business is fully fitted, offering an excellent turnkey opportunity for potential buyers.
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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