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Suffolk-based Home Fragrance and Wax Melts Manufacturer with £1.3M Turnover for Sale

Undisclosed, Suffolk

CONFIDENTIAL SALE

  • Status

    SOLD / WITHDRAWN

  • Date Submitted:

    25/07/23

  • Advert ID

    517140

  • Reference

    B07394 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Manufacturers of home fragrance and wax melts products

Business
Please quote reference B07394

A specialist firm producing hand-made and unique home fragrance products, wax melts and body/cosmetic products to a mixed B2B and B2C clientele and operating across the UK.

First merged in 2017, the business has three separate brands each with a unique market supply, the latter just launched with a highly sought-after eco-friendly offer.

The company manufactures home fragrance products, oils, wax melts, cosmetics, and body products sold to both small businesses and individual purchasers, making them a market-leading firm with a wide variety of specialisms and flexibility.

The business is based in the South East of England, but boast a national and international clientele, with a strong marketing and ecommerce presence in continuous growth.

Their clientele is loyal, with over 60,000 online retail clients, and their services score a high level of satisfaction.

The business has a host of gains to offer the prospective purchaser, including:

  • An outstanding financial profile, with a turnover in excess of £1.3 Million in 2023, and grossing £1M after only 2 years in trading.
  • Three separate strong brands, each targeting a particular section of the market.
  • Significant scope for growth, especially following the launch of their new eco-friendly brand.
  • Manufacturing of unique products, some of which no other company produces or stocks.
  • High level of referral-based and repeat custom.
  • A large social media community following, with a record of impeccable customer service and outstanding reputation.
  • Led by a devoted team with significant experience in the sector.
  • Potential to significantly expand the current offer of products made in-house.
Highlights -

  • Three unique brands, each with a loyal following
  • Production of unique fragrances and oils
  • High percentage of return business and client satisfaction
  • Potential for national and international growth
Opportunities -

  • Expanding marketing strategies
  • Boosting international sales
  • Continuing a successful and highly lucrative legacy


Location
The business is based in the South East of England.



Premises
Trading from a rented premises. 



Tenure
Leasehold basis. 



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 £1,320,000
  • 100% share sale
  • Interested parties to sign an NDA


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SOLD OR WITHDRAWN FROM THE MARKET
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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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