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E Commerce Hardware Business

Antrim, County Antrim
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E-Commerce Hardware BusinessE-Commerce Hardware BusinessE-Commerce Hardware BusinessE-Commerce Hardware BusinessE-Commerce Hardware Business
  • Leasehold: £74,950
  • Turnover: £104,352
  • Net Profit: Not Applicable
    Fully Relocatable

    Accounts Available Year End 31st March 2021

    Annual Turnover £104,352

    Gross Profit £62,565

    Accounts Available After Viewing

    Established 2013

    Retirement Sale

    Low Rent Storage Unit

    Comprehensive Website

    Over 2,000 Products Listed & Selling On Amazon & eBay Selling Platforms

    Scope For Strong Online Marketing Drive

Description:
REF 7712 – Relocatable E-Commerce Hardware Business
Blacks Business Brokers are pleased to bring to the market this relocatable E-commerce Hardware Business located in Antrim, County Antrim.

INTRODUCTION
DIY4U (NI) LTD was established by our client in 2013. The business stocks and supplies a wide range of hardware including home essentials, ironmongery, cabinet furniture, decorating equipment, electrical accessories and much more. It has become very well known with a strong base of online customers in place. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google. DIY4U (NI) LTD is based on a comprehensive website with over 2,000 products listed and the business is also active on Amazon and eBay.

LOCATION
DIY4U (NI) LTD is managed from our client’s 1,000 square foot unit where stock is held.

REASON FOR SALE
Due to our client’s health and retirement plans the business is offered for sale. The business is ideally suited to operate within a hardware retailer or builders merchant with a desire to take their business online without all that is involved or a stand alone operation. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a rolling monthly agreement which runs at a cost of only £68.05 per week and this includes the service charge. The business rates are £26.22 per week.

BUSINESS INFORMATION
DIY4U (NI) LTD provides a range of products with the option of next day or 48 hour delivery. Our client has invested heavily to create a user friendly website with plenty of potential for growth. Options for expansion include: Implementing the eBay and Amazon integration software – this has already been purchased, up to date SSL security certificates, both wholesale and retail pricing options, stock control, purchase order processing, real time product updates and much more. The website is extremely adaptable and user friendly. .

STAFF
The business operates with our client only in employment.

FINANCIAL DETAILS
DIY4U (NI) LTD has traded solidly since opening and our client has established a strong repeat customer base. Accounts for year ending 31st March 2021 show annual turnover of £104,352 and gross profit of £62,565 Full financial information is available upon request.

SUMMARY
This very well established business is fully relocatable. Our client has secured a strong customer base and exceptional reputation for quality and service. There is plenty of scope to develop the business further with the introduction of additional product lines and the implementation of the integrations to the website as noted above. Extensive work has been undertaken with a specialist marketing company regarding all aspects of Search Engine Optimisation (SEO) and Google rankings through AdWords and social media. A new owner may also look to work on a strong email marketing drive over 6,000 email addresses. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early meetings with our client are strongly advised.

Fixtures & Fittings:
Racking


Weekly Rent:
£68.05 Per Week. Weekly Rent:
£68.05 Per Week.
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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. Rest 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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