CONFIDENTIAL
FOR SALE
653647
GO5228 / Rightbiz
An excellent opportunity to acquire an established and well-regarded independent clothing, footwear and accessories retail business, occupying a prime trading position in a popular and affluent coastal town in Dorset.
Established in its current form in 2018, the business opened following a complete refurbishment, creating a bright, modern and beautifully presented retail space in one of the town's busiest and most visible trading positions. It offers a carefully selected range of men's and ladies' clothing, footwear and accessories from a number of recognised, well-regarded brands.
The business enjoys a loyal following and strong repeat custom, supported by its excellent location, quality product range and the enduring popularity of the town as a year-round coastal destination. It is well known locally for friendly, helpful service and an excellent customer-service reputation.
Offered for sale as a genuine going concern and turnkey opportunity, the business benefits from an established customer base, experienced part-time staff and modern, fully fitted premises, allowing a new owner to continue trading seamlessly from completion.
Key features
Financial overview
The business would suit an owner-operator, lifestyle purchaser, existing independent retailer, relocation buyer or husband-and-wife team seeking an established coastal retail business with genuine scope for growth.
Growth potential
There is clear scope to develop the business further through expanded online and e-commerce sales, increased social media engagement, improved search engine optimisation, email marketing, seasonal ranges, partnerships with local accommodation providers, and wider tourism-led marketing. The business has historically focused on traditional in-store retail, leaving an incoming owner well placed to build additional online revenue.
Reason for sale
The business is offered for sale due to the owners' planned retirement.
Next steps
All enquiries are strictly confidential. To receive the full Information Memorandum and arrange a viewing, please contact Goodwins Business Brokers to register your interest and put a Non-Disclosure Agreement in place. Interested parties are asked not to approach the business or its staff directly.
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 SolicitorThe data showed regarding this advert 'Established Coastal Clothing, Footwear & Accessories Retail Business - GO5228 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.