SOLD / WITHDRAWN
04249 / Rightbiz
- Wide range of products
- Excellent reputation
- Strong customer reviews
- High annual turnover
- Potential for growth
Intelligent Business Transfer are pleased to bring the market this excellent online retail platform, which is favoured by customers for its exceptional product offering and trustworthy service.
Established in 2012, the store has grown significantly over the past five years and generated high annual turnover in excess of £343,000 last year. It is estimated to bring in revenue in excess of £409,000 this year with great profit margins.
This is an ideal platform for an existing online business looking to grow their product range through acquisition and will make a great bolt-on purchase for any company looking to expand into the Amazon marketplace.
It will also suit an entrepreneur looking to manage the business from home.
There exist a number of opportunities for further growth.
The business predominantly sells designer perfumes, but also sells some clothing ranges.
Expanding the product range would be hugely beneficial to growth and it could look to grow its supplier base to successfully grow its offering.
Listing more products on the Amazon store would also attract further patronage.
There is potential to advertise on similar online platforms to further grow its customer base such as eBay, Gumtree etc. This would also present additional streams of revenue and help attract customers from across the globe.
The current vendor is willing to aid the transition and provide equivalent to 40 hours full training (full week) and another 40 hours of consultancy and support within the first 3 months.
Asking Price: £175,000
Location: Leeds, West Yorkshire
Sector: Internet Businesses
Annual Turnover: £400,000
Annual Net Profit: £63,000