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CONFIDENTIAL
FOR SALE
633984
155727 / Rightbiz
Overview
Project Schaffer provides a comprehensive range of designer prescription eyewear and sunglasses.
The business has a prominent high-ranking e-commerce platform, Â enabling online orders across the globe and also operates from a physical store, facilitating in-person services.
The company utilises an automatic replenishment system with its suppliers to facilitate efficient lead times and timely deliveries.
The business is offered for sale to facilitate further growth under the impetus of new ownership. Offers invited.
Key Highlights
- Utilises its own in-house laboratory for prescription lens manufacturing.
- Excellent customer reputation, with a 4.7-star rating from over 12,000 reviews on Trustpilot.
- Registered with the General Optical Council.
- Over 350,000 customer accounts.
- Circa 110,000 website visitors per month.
- Skilled and experienced in-house workforce, with second-tier management in place.
- Works with numerous prestigious suppliers, such as Ray-Ban, Oakley, Tom Ford, and Tiffany.
Financial Highlights
- YE25 income of circa £5.5m, with an adjusted EBITDA of £339k.
- Shareholder-owned premises with a value of £420k included in the sale of the business, subject to negotiations.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.
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
Get Solicitor
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