FOR SALE
01/05/22
294598
Established eCommerce business selling sterling silver jewellery, accessories and pop up cards.
I started it as a side line and it has got too big for me really as I work full time and the 15 hours a week to run it are just too much on top of my job.
I have spent over three years developing the range of products which now stand at about 580 lines. I have carefully picked the items and this is why the business has worked as it has. The lines sell and with items available throughout the year it's a stable online business that will grow with the right effort.
The business has a very successful Etsy store with over 11,000 reviews. It's well established and sells every single day and a supporting website that has a reasonable level of organic traction.
Nett profit would have been considerably higher but I've been aggressive putting a good stock range together but that's why it's a good buy. There is about £10,000 to £12,000 of stock (purchase value not retail) that comes with it. With 40% plus margins the value of the stock is considerable.
Accounts information is available as I am HMRC registered so you can be sure that the values quoted are accurate.
This is a trading business with orders coming in daily so when you buy you can really get moving from the start.
Up to Christmas you can expect to be turning over £9 k to £10,000 over each month and on average £2500,000 to £3500,000 a month outside of that.
This business works. I just really don't have a the inclination to try and fit it in with my full time job which is very demanding.
May suit someone with a gift shop who wants to get selling online or someone who has a smaller set up looking for additional revenue and good product lines.
I don't use Amazon or EBay so this offers a buyer a great chance to expand very quickly on to those platforms if required.
Looking for easy and speedy sale.
The buyer will get all the stock, any boxes; logos, leaflets, packaging and full control of the Etsy store, website and domains etc.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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