Featured Brokers
CONFIDENTIAL
FOR SALE
636014
RB11-ABS / Rightbiz
Asking Price: £380,000 plus stock at valuation
Stock at valuation: circa £270,000
Option to buy freehold (freehold value circa £400,000)
Turnover for current year circa: £600,000 p.a.
Gross Profits circa: £275, 000 p.a.
Business Overview
Business Operations:
This is a rare opportunity to acquire a long-established independent lifestyle clothing and accessories retailer, situated in the heart of historic Norfolk.
The business was acquired by the current owners, who have since developed and extended the clothing ranges to create a comprehensive “top-to-toe” selection.
It has become a destination retailer for locals and visitors alike, with an emphasis on personal service, specialist advice, and a welcoming shopping experience.
The business has built a strong reputation over many years as a family-run enterprise offering high-quality country and casual clothing for both men and women. Stocking many of the leading British heritage and European brands, the shop has become synonymous with style, quality, and personal service.
With a loyal multi-generational customer base, strong brand relationships, and a prime trading location, this business represents a secure and attractive acquisition for an owner-operator, investor, or another retailer seeking expansion.
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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