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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Superb Online Retailer for sale in Solihull

Undisclosed, Relocatable
Asking Price:
£180,000
Status
SOLD / WITHDRAWN
Advert ID
248733
Reference
BIZ5571 / Rightbiz
Established in 2015. Our online store is a fast-growing online e-commerce which offers a wide range of products that from laptops, tablets, health & beauty products, toys, to general household products.

Our e-commerce generated £700,000 revenue for 2017 with a consistent month-to-month revenue. The online store has multiple streams of income from a strong customer base of various private and business consumers.

Running an online store only gets stronger as more and more customers are shifting to the online market. With an already established online presence, you can have the freedom and opportunity to go beyond the shelf space and include more inventory into the business. An online shopping is the future. With a business like an online store, there’s plenty of growth opportunity.

Products and Services:

Our E-commerce offers a range of products that cater to a broader market than a specific niche, this includes:

• Latest Gadgets
• Desktops & Computer Accessories
• Perfumes & Beauty Products
• Toys
• Kitchen & Home Appliances
• Electronics
• Books

The rates of our products offer competitive prices for those items in high demand. Most of the products have a profit margin of 17-22% based on research the company has conducted with a few instances whereby products have returned 25-32% ROI being the only product provider.

Clientele:


The company’s target market caters to a wide range of customers based on strategic research conducted to find out the majority of the target market. Most of the online store’s customers are young adults ranges from 18-35. The company has expanded to a larger market by introducing newer product lines.
Financials:

Successful business with solid financials and consistent income figures. Available upon signed confidentiality agreement.

2 years – Sole trader
1 Year – Limited company & VAT Registered (Present)

Reason for Selling:

We (the owners) want to focus on a new business after successfully running the online store for several years. Currently the second business is up and running and having to manage two businesses can be difficult at the best of times

For more information regarding this online store including the asking price, please contact us directly. Serious interest Only.
Includes business account with £25k Overdraft Limit
Based on loan agreement we were approved for an additional £50k Loan based on the following documents submitted.
6 Months Business Bank Statements
Self Assessment Tax Return
4 Quarterly VAT Returns

736000
Listing Details
Asking Price: £180,000
Location: Undisclosed, Relocatable
Sector: Internet Businesses
Financials
Annual Turnover: £736,000
Contact Agent
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Advert Reference: BIZ5571 / Rightbiz
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The data showed regarding this advert 'Superb Online Retailer for sale in Solihull - BIZ5571 / 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.