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Highly Rated Online Vintage Clothing & Accessories Retailer for Sale in Essex

Undisclosed, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    31/01/23

  • Advert ID

    507548

  • Reference

    B07103 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £179,950
  • Turnover: £654,614 (£12,589 Per week)
  • Net Profit: Not Applicable

Business Details

Online fashion retailers

Business
Please quote reference B07103

Since its establishment in 2015, the company has become the go-to online vintage clothing store. The business currently operates on e-commerce platform, selling vintage fashion ranging from sportswear, jackets, footwear, t-shirts, accessories to big-ticket designer items.

The company’s ecommerce assets, comprising the bespoke website and app, are highly functional and flexible to be adapted.

As well as boasting remarkable sales percentages UK-wide, the business also performs exceptionally on a global scale, with more than 30% of customers shopping from 65 countries.

The company is currently being operated by one member of staff, but there is scope for team growth and expanding the current offer.

The company has several distinctive capabilities to stand out from its competition, namely:

  • Sale of unique vintage fashion items.
  • National and international sales performing steadily.
  • A large community following, with great customer service and outstanding reputation.
  • A healthy financial profile, with a turnover in excess of £450,000 in 2023.
  • Significant scope for growth, especially with more staff joining.
Indeed, the business has a number of important assets to offer, including:

  • Strong ecommerce assets, including a custom-made website and app.
  • Easy to relocate: operating remotely and flexible to move anywhere.
  • A strong client base, both UK-wide and abroad.
  • Championing eco-conscious practices, an ever-growing asset.
Highlights -

  • Highly profitable clothing retailer
  • National and international appeal
  • High and consistent sales
  • Potential for growth and expansion
  • Remote: highly flexible for relocation
Opportunities -

  • Expanding marketing strategies
  • Boosting global sales
  • Continuing a successful and highly lucrative legacy
  • Expanding the current team


Location
The e-commerce business can easily be relocated to the new buyers location.



Premises
N/A.



Tenure
Relocatable business only opportunity



Hours
Due to the nature of the business, it operates all year round. 



Staff
Further information can be made available upon request. 



Financial Profile
  • 2023 turnover IRO £455,000
  • 100% share sale
  • Interested parties to sign an NDA




Read more

Contact Agent

Contact the seller for more details, or book a viewing

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.

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

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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.

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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.

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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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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 'Online fashion retailers - B07103 / 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.