FOR SALE
656705
Hoxtons / Rightbiz
A rare opportunity to acquire a well-known and long-established shoe repair and workshop business, trading successfully for over 40 years from an established position in Hoxton, London.
The business has built a strong reputation and loyal customer base over more than two decades, creating substantial goodwill and providing an incoming purchaser with the opportunity to acquire a genuine established London operation rather than starting from scratch.
Situated in the heart of Hoxton, East London, the business benefits from a highly populated and vibrant surrounding area encompassing Hoxton, Shoreditch and the wider East London commercial district. The location provides an excellent mixture of famous markets, local residents, office workers, businesses, commuters and visitors, supporting valuable repeat and passing trade.
Importantly, the business is being offered with the benefit of a NEW LEASE, providing an incoming purchaser with valuable long-term security and the opportunity to continue developing the business from its established trading location.
The premises incorporate a fully operational shoe repair workshop, with the infrastructure required to continue trading. The established customer base, reputation and trading history provide an excellent foundation from which a new owner can further develop the operation.
There is considerable potential to expand through additional repair services, complementary retail products, online ordering, collection and delivery services, digital marketing and commercial partnerships with other businesses across London.
Key Highlights
This represents a particularly attractive opportunity to acquire a long-established London business with over 20 years of trading history, an established customer base, recognised local presence and the security of a new lease.
Further financial, lease and operational information is available to qualified purchasers following completion of the required confidentiality documentation.
IMPORTANT PURCHASER INFORMATION
The business is being marketed under a Sole Selling Agent Agreement. All prospective purchasers and viewing requests must be qualified and vetted prior to any viewing, including proof of funds, identification and confidentiality requirements where applicable.
Where a purchaser wishes to secure the business and obtain a period of exclusivity, a reservation fee may apply, subject to the applicable reservation terms and conditions.
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 '40+ Year Established Shoe Repair & Workshop – Hoxton, London - Hoxtons / 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.