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CONFIDENTIAL SALE
FOR SALE
03/10/23
600643
A well-established clothes shop located in a village within the City of Bristol is currently up for sale. The business has seen success for 20 years, and I am proud to have owned and managed this operation since its inception.
The asking price for the leasehold is £50,000, and the stock will be sold at valuation. We currently boast a turnover of £340,000 with a profit margin of £60,000, which has seen a steady increase since last year.
The shop is strategically located on the main road within the village. With transport links all nearby, it is easily accessible for customers. Another advantage is the lack of local competition making this a prime business opportunity.
Included in the sale are all fixtures and fittings essential for running the business. Also, we have an established website accepting customer orders which has shown proven results and a loyal customer following. The decision to sell was not easy, but after being in this industry for two decades, we are eagerly looking forward to new ventures.
The shop opens 7 days a week, 10 am to 5 pm from Monday to Saturday, and 11 am to 4 pm on Sundays. The business operation has been self-managed by me and my wife with no additional staff.
For the new owners, we are willing to provide training and detailed guidance to ensure a smooth transition. Account details are readily available for those seriously considering this opportunity.
For complete information about this business opportunity and to discuss any inquiries you might have, feel free to contact me.
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
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