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City of London's Nuvy's Tea Company Limited, Online Retailer of Unique Specialist Teas, Up for Sale

City of London, London
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Online Retailer Of Specialist Teas And Associated Products Photo 1
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Online Retailer Of Specialist Teas And Associated ProductsOnline Retailer Of Specialist Teas And Associated Products
  • Status

    FOR SALE

  • Date Submitted:

    30/12/23

  • Advert ID

    604397

  • Reference

    B07739 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £25,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Online Retailer Of Specialist Teas And Associated Products

Business
Please quote reference B07739

CoGoGo are delighted to welcome to the market Nuvy's Tea Company Limited, a highly rated e-commerce business that specialises in Teas. 

This business opportunity was founded by our clients in November 2021. This a new founded business with all websites and social media platforms set up. No financials are available. 

Nuvy's Tea Company Limited has now come to the open market due to our clients desire for a change of direction. 

Nuvy’s Tea Company is a start-up business that sells specialist teas and associated products. The business owners have identified that there is a large and growing market for tea, particularly at the premium end. The co-founders are tea lovers and have a passion for tea products.

Their Teas are produced in the UK and the blends were bespoke therefore, unique to Nuvy’s. They aim to use only premium quality natural ingredients and concentrate only on blends’ ingredients, aroma and taste. The packaging, tea bags and inner bags are all biodegradable.

They introduced a line of six premium quality blends that are unique to Nuvy’s, all of which were made with natural herbs, and they were sold in retail packs of 15 pyramid teabags each. All products were ethically sourced.

Their six blends are;

  • Morning Spark - Green & White Tea Blend with Liquorice, Peppermint and Ginkgo Biloba
  • Floral Nest - Herbal Blend with Notes of Floral Gardens, Pear and Orange Peel
  • After Partea - Herbal Blend with Ginger, Turmeric and Gentle Notes of Fennel
  • Berry Balance - Herbal Blend with Ashwagandha, Hibiscus and Assorted Berries
  • Lighten Up - Green Tea Blend with Pu-erh, Yerba Mate and Yuzu Peel
  • Chai Defence - Herbal Blend with Rooibos, Aromatic Spices and Apple Pieces
The mission of the company was to offer high quality and unique tea blends and associated products to the more discerning tea drinker.

Key selling points - 

  • Current owners happy to offer a handover to ensure the continued success and progression
  • Ideal owner managed or partnership business
  • Perfect home based business which would suit busy parents etc
  • A real opportunity to increase turnover and profits significantly, current owners have been running at a pace to suit due to other career issues
Scope for further growth -

  • Advertising and Marketing campaign
  • Attend trade fairs and farmers markets etc
  • Introduce additional products to range
  • Employ a sales managers to approach retailers, restaurants, coffee shops, organic tea rooms and hotels etc
  • Invest in SEO and PPC to drive new customers to the business


Location
N/A as the business operates remotely. 



Premises
N/A



Tenure
We are advised that this opportunity is being sold on a Business Only basis. 



Hours
Due to the nature of the business, it operates 24/7 through their website and social media accounts. 



Staff
The business is run and managed by our clients. 



Financial Profile
This a new founded business so financials are not available. However, a proffessional business plan and pitch deck with financial projections is available.



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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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The data showed regarding this advert 'Online Retailer Of Specialist Teas And Associated Products - B07739 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.