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Details - Information last confirmed on August 30, 2020
Asking Price: £400,000 plus SAV
Asking price includes:
Turnover for last financial year circa £1.9 Million p.a.
Gross Profits circa £285,000 p.a.
EBITDA £185,000 p.a. before a single owner’s drawings
Owner only working part-time
Impressive feedback figures
Ultra low cost business model
This well established and highly respected business/brand has been trading successfully for some 7 years and specialises in the online supply of clothing and household items to the whole of the UK. The sales are online retail with the majority sold through Amazon and to a lesser extent Ebay.
The company has achieved consistent sales over a number of years and the brand is growing year by year with more and more product ranges being added.
During the financial year 2020 the business turned over c£1.9m through sales on Amazon and Ebay. Despite 2020 being a Covid year sales in 2021 have continued at similar annualised levels. (The business is 121% up on last year to date on Amazon and 162% up on last year to date on eBay) and also mirror previous years’ sales (apart from 2019 when the owners took time out for family reasons). This consistency and volume of sales highlights the strength and market penetration the brand is enjoying. The back office technology the company has invested in is fit for purpose and easily accommodates this high volume of sales, preventing the need for high numbers of staff yet still delivering impressive levels of customer service whilst still having plenty of spare capacity.
This company/brand’s reputation is impeccable, they have a 98% positive feedback rate on [ External Link Removed ] and 5Star average reviews on Ebay. They are top rated sellers on eBay.
The business has well-established supply agreements in place and sources high quality products at very competitive prices. They have excellent internal systems so they can rank new products to ensure consistent quality control throughout the range. They have excellent seller performance metrics and extensive history of proven search terms that allow them to rank new products quickly.
The business prides itself on its speed of response and proactive after-sales approach ensuring it always carries adequate stock of popular lines.
The company supplies its products worldwide and they are VAT registered across several European countries. Sales are predominantly online through various key online selling channels.
The company experiences very low return rates as a result of the quality of its merchandise.
This online business is totally portable and scalable. Its customer base, and supply chain for that matter, has grown and strengthened year on year. It has relatively low fixed costs and is simple to run. Sales are strong and the business enjoys impressive levels of profitability.
The business model has been put in place. It is ripe for a new owner to utilise the superb and highly valuable positioning this company has developed, both online and in the market. The opportunity is there to either bolt on to an existing operation or for a new owner to scale up the business to maximise the many other opportunities in the market.
The owner is a pharmacist and only works part-time on an as-needed basis.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.