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Multi-store Clearance Retail Chain in Staffordshire Available for Acquisition

Undisclosed, Staffordshire

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £1,856,811 (£35,708 per week)
  • Profit: £75,044 (5% Profit margin)

Key Features

  • Active customer base
  • Additional retail locations
  • Asset value and register
  • Available for acquisition

Business Details

Multi store Clearance Retail Chain in the Midlands

Starling Corporate is proud to present a compelling acquisition opportunity within the UK clearance retail sector. Established in 2004, the Company has evolved from its origins in aquatic and pet wholesale into a trusted multi-channel retailer operating three physical stores across the Midlands, supported by a growing e-commerce platform.

With a flagship store in Swadlincote and additional locations in Nuneaton and Burton-on-Trent, the Business has built a strong regional presence and a loyal customer base. The Company’s unique positioning as a clearance stock specialist offering top brands at discounted prices has enabled it to remain competitive in a challenging retail environment.

Following a period of post-pandemic adjustment, the Business is now poised for significant growth through planned expansions including a new coffee shop, soft play area, and enhanced mail order and home delivery services.

The current owner is seeking to step back from day-to-day operations due to ill health, though he is committed to remaining with the Business for a handover period of up to 12 months to ensure a seamless transition.

A detailed business information review is available to seriously interested parties upon signature of a non-disclosure agreement.

Enquiries are encouraged and offers are invited.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'Multi store Clearance Retail Chain in the Midlands - S2032 / 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.