Thriving Fitness Equipment Business for Sale - E-Commerce, B2B, UK Market, Relocatable
Relocatable
- Status
SOLD / WITHDRAWN
- Date Submitted:
30/11/21
- Advert ID
286776
- Freehold: £10,000
- Turnover: £119,379 (£2,296 Per week)
- Net Profit: £45,000 (38% Profit margin)
Key Features
- Price Reduced
- Accounts Available
- Potential for Alternative Use
- Attractive Business
- Offers Invited
- Large Business for Sale
- Owner Financed
- Company for Sale
- Price Further Reduced
- Unique Business
- High Turnover
- Incentives May Be Available
- Established Business
Business Details
Fitness Equipment Company, E Commerce and B2B
About the business
Key Highlights
- Instant turnover and profit
- Hugely expanding fitness equipment market
- High average order price
- High customer retention
Operations
Our company sells fitness equipment, specifically weight plates and dumbbells to the UK market through our e-commerce site. We have a large Instagram following backed up by our Facebook marketing. Along with our B2C, we also have a few well developed B2B relationships with companies around the UK and the potential for this to be exploited in the future.
Customers
We have an incredibly high customer retention rate. With a returning customer rate of 11.83% and an average purchase price of £97.88. Our customers vary hugely but all have invested interest in the fitness industry. Many of our larger customers come under our B2B developments.
Financials
Due to shipping delays over the last year, we have had several chunks of time left without stock as we usually sell out in 30 days. We have turned over £115,000 in under 12 months with a profit of £45,000. With a consistent flow of stock, this company can see a huge jump in overall turnover.
Social Profiles
Listing Statistics
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Advert pending deletion
Stay Safe
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.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.
Stay Safe
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.'.
Stay Safe
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.
Stay Safe
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.
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