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New Well Set Up Online Store For Sale

Southwell Nottinghamshire
This online store sells basics for men: underwear, socks, undershirts, etc. Expandable to add new brands, categories (formal shirts, sports basics (socks, underwear, t-shirts), male cosmetics, accessories for men) or geography (now UK only). Freehold to buy New Well Set Up Online Store For Sale is located in Nottinghamshire.
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 68745
ADVERT IMPRESSIONS : 7,615 TIME(S)

 
BUSINESS SECTOR: Internet / Online
TRADE TYPE: E-Commerce
SALE: Private Sale

ASKING PRICE:

£4500
 

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BUSINESS DETAILS:

This online store sells basics for men: underwear, socks, undershirts, etc. We avoid ‘embarrassing’ products on the store such as strings for men or anything like that – so that customers feel comfortable buying here. The concept of the store is based on two ideas:
First. It sells only things that one doesn’t need to measure or wonder if they’ll fit. People usually know their sizes and simply need to ‘restock’ on them. This allows for faster shopping and minimises returns. Second. Convenient filtering options implemented so customers can narrow down results to a choice of no more than 3 items. This enables them to make a choice more easily. It’s based on insights by psychologist Barry Schwartz described in his book The Paradox of Choice which states that people are very often paralysed by excessive choice and therefore postpone the decision altogether. The business was started it only a few months ago, so it's very fresh and perfect for someone who wants to start a business. Sales up to date are minimal. I'd like to transfer the business to the new owner for its cost (I have another startup and can't spend enough time on this venture). I spent a lot of time setting the business up to a level that anyone would enjoy running:
- Set up a limited company with the same name as the domain of the store
- Highly customizable eshop from Bluepark. Co. Uk, very well designed and laid out
- Advanced filtering options of goods by custom parameters
- Outsourced accounting
- Outsourced storage, pick & pack and shipping at amazing negotiated rates
- Can be run from home or anywhere else! - Payment options: credit / debit cards (WorldPay), PayPal, Google Checkout
- Full social plugin integration
- Matching name Facebook page and Twitter account
- Blog on site with RSS
- Total running cost - £110-120 a month only (includes accounting, eshop rent, minimum fees for payment providers, storage of goods)

The price is £4500. Additionally there's £7000 in stock (market value of £13000+) which is optional. As stated above, I want to transfer the business to the new owner for its cost.
   
  FOR SALE
   

REFERENCE:

68745 / RightBiz
   
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