Easy to run established online retail business
PAX01285729442 image 1 Other Retail businesses
Asking Price: £200,000
Annual Turnover: £873,252
Annual Net Profit: £42,384

Easy to run established online retail business with good profits and excellent potential to expand; for sale plus stock at cost with arrangement for payment as sold

The Company is an established online retailer business of over 7 years standing and showing good profits from its £873,000 turnover.

It is a business without bank borrowing and free from creditor debt as its growth has been self-financing throughout by its trading performance
.
Trading from a 330sq ft. business unit the Limited Company is managed entirely by the two working Directors with minimal part time staffing through busy periods.

Sales are achieved through eBay with the business recognised as a top rated (concierge premium service) seller and a Titanium Power seller and through Amazon where the business enjoys the coveted Amazon seller fulfilled Prime programme and Amazon Brand Registry

The Company sells a range of household products presenting some with its own registered © trademark.

The Company is offered as a sale of business and goodwill; as an established profitable going concern with tremendous growth potential by an increase to the currently restrained number of product listings and through the promotion of its website and social media.( The online retail website represents an additional sales opportunity by direct marketing and promotion as the business has prioritised its sales through eBay and Amazon and direct sales through the site has not been actively pursued)

The Company is ideal as the acquisition of a ready-made profitable business or as the
introduction of a retail selling platform for an importer or distribution business.

Expansion Potential:
Turnover has increased by 6.06 % in the last trading year, with illness of one of the Directors the gross margin has decreased due to time restraints relating to delivery costs and seasonal purchasing of some product lines. New management can quickly reinstate the purchasing programme and improve the gross profit of the business and generate more direct business through the website.
There is excellent potential as currently fewer than 200 lines are offered..

Reasons for selling:
Ongoing illness of one of the Directors

Location Details:
A small rented business unit (330sq ft.) the unit is not included in the sale and the business will have to be relocated.
Support & Training:
Full support and training will be offered, with help to ensure a smooth transition of the business
Trading Hours:
24/7 online sales
Number of Employees:
1-5
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