Featured Brokers
CONFIDENTIAL SALE
FOR SALE
16/01/24
605132
FTB497 / Rightbiz
We are delighted to be representing this Football E-Commerce business on its sale, in the 4 years of operations they have managed to grow a customer base of over 50 clubs across the UK supplying custom-made Football kits which are designed in-house by a designer or the owner. To date, they have received amazing feedback from clients leading to a strong returning customer base and referrals.
Our thoughts - "They have built a reputation for supplying great quality custom football kits at some of the most competitive prices"
Operational Overview
The current operational functions of the business involve client facing like taking orders, designing the sports kits, liaising with manufacturers and order fulfillment. All the manufacturing of the clothing is conducted overseas in Asia with a trusted supplier who continually produces great quality kits with a short lead time.
Sales and Marketing
The owner currently performs very little marketing however in the past he has launched a very successful marketing campaign which resulted in him building up a database of over 1000 emails.
The owner has also established a strong social media page with over 3000 followers, with a highly engaged and active follower base.
Team
Currently, the business operates with the owner as its sole employee. With an average weekly commitment of just 2 hours as he works a full-time job. The business also utilises a designer occasionally to create the designs of the kits however the owner has managed to automate this by using a software for most of the design work.
Financial Overview
- Turnover YE22 - £65,000
- Turnover YTD (June 23 to Jan 24) - £64,000
- Turnover YE23 (forecasted) - £100,000
- Operating profit margin circa - 40%
- Net assets circa - £20,000
More financials are available on request to qualified buyers.
Expansion Potential
There is an opportunity to replicate this model for other sports, like rugby, cricket, etc. Another sector this business model could target is school sports apparel which could be lucrative due to the nature of the volume required.
The Ideal Buyer
This business would be a great acquisition for someone who wants a side business and has a passion for football or an individual looking to scale this to become a major supplier within the sportswear merchandise industry.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't 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 number 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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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