SOLD / WITHDRAWN
14/11/22
462
Genius Coffee Co is an online health and fitness coffee brand, specialising in the rapidly growing Nootropic market, and the stable and profitable Protein market. Genius Coffee takes a unique approach to provide an everyday drink, coffee, in a way that is both health beneficial, and great-tasting with no unnecessary additives.
The business has had significant investment from it's current owner in the branding and marketing testing and is now ready to scale. The business will come with significant data on what does and doesn't work, in addition to ongoing training support.
Genius Coffee is sold with c4,500 stock units, worth circa £80,000 retail value. In addition, third-party fulfilment has already been setup and so you are ready to begin shipping and working from home without the requirement for space.
The reason for sale is that myself, the current owner, is moving to the USA to be with my fiance, and so I will not be able to run the business from the US while I take on another line of work there.
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.