Newly established Watches & Bracelets business for sale

Undisclosed

Status

FOR SALE

Date Submitted:

25/02/21

Advert ID

272907

Reference

B06061 / Rightbiz
Asking Price: £9,995
Annual Turnover: £10,000
Business
Please quote reference B06061

Hilton Smythe welcomes to the market Zennstyle, which was established in 2020.

The business is an e-commerce supplier of Zenn watches and bracelets which has enjoyed purely organic growth since its inception. The business has been under the ownership of our client since September 2020, only now does the business come to market as our client looks to embark on another opportunity.

The business generates income via online sales from the user-friendly website, eBay, Shopify, Instagram and watchnJewels. The sites are kept up to date with all products offered.

The goods offered include a huge range of Zenn Stylish watches and bracelets.

Zenn watches and bracelets are uniquely designed in London. The different beads featured in the bracelets all have different meanings, such as the Tiger eye bead helps to release fear and anxiety, the Black Onyx is known for the energy of strong support. More about the products and beads can be found on the company website www.zennstyle.com

The business has an excellent reputation for the goods offered, with customer comments including ‘Stylish, quality watches. Recently purchased the Stealth model and I have had many compliments from friends and business associates.Can’t recommend these watches more highly. Don’t think there is better value for the money in the market.’ and ‘Bought myself an Argenti in Silver last week after coming across Zenn page on Instagram. Quick turn around by the Zenn guys as it was with me within 3 days. Really well built and looks great with a shirt and jeans or when I'm suited and booted! Really happy with it, and constantly get people asking me where it's from! Fully recommend.’

There is also ample scope to increase the revenue, such as adding more products, pushing advertising, utilizing social media and embarking on modern marketing campaigns.

This is a fantastic opportunity to invest in an online business with huge potential, early discussions come highly recommended.



Location
The business is E-commerce, therefore fully relocatable.



Premises
N/A

The sale of the business also includes;

  • Website
  • Shopify account
  • Instagram account
  • Client book (previous customers)
Stock at Value is in the region of £25,000, this figure can negotiated. 

 



Tenure
We are advised that the business is being sold on a Business Only basis. 



Hours
The business is trading 24/7. 



Staff
We are advised that the business is owner ran and managed. 



Financial Profile
We are advised that the business generates a turnover in the region of £10,000. Full financials can be made available upon further request.

Please quote reference B06061



Contact Agent
Advert Reference:
B06061 / Rightbiz
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