Featured Brokers
CONFIDENTIAL
FOR SALE
656104
ECA-040 / Rightbiz
Asking Price: £20,000 plus stock (stock circa £15,000) Cash-free, debt-free basis
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Reason for Sale: Other professional commitments
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Business Highlights:
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Executive Summary
An excellent opportunity has arisen to acquire an established, profitable and distinctive UK direct-to-consumer men's underwear brand specialising in premium, design-led underwear and complementary products.
Established in 2020, the business has developed a recognisable identity, product collections, a loyal customer base and particularly strong recognition within the LGBT market. Its product range includes briefs, boxers, and jockstraps, as well as complementary lines such as socks and harnesses.
The business has largely been operated as a secondary venture by its current owners. Limited time and reduced marketing activity have constrained recent sales; however, the company remains profitable, maintains comparatively low operating costs and has established stock, infrastructure, customers, suppliers and digital marketing assets already in place.
For an acquirer with greater time, marketing expertise or an existing fashion/e-commerce platform, the business offers an attractive opportunity to acquire a ready-to-operate brand rather than build one from the ground up.
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Business Profile:
The business is an independent UK men's underwear brand created to provide customers with a combination of premium quality, strong design, comfort, confidence and inclusive brand positioning.
Its founders identified a gap between the highly visual branding used by some specialist underwear businesses and the actual quality and comfort of the products being offered.
The resulting proposition was built around delivering both.
Product quality and customer experience have subsequently contributed to strong repeat purchasing and an established base of loyal customers.
The brand operates predominantly through its own direct-to-consumer e-commerce platform and has developed a substantial audience through social media and email marketing.
A number of professionally developed collections are already established, providing a purchaser with the foundations from which additional designs, seasonal collections and complementary products can be launched.
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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