Spiral Seven Clothing, Top-Rated Ecommerce Business in Halifax, Up for Sale
Halifax, West Yorkshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
02/10/23
- Advert ID
600539
- Reference
B07554 / Rightbiz
- Call Agent:
- Asking Price: £70,000
- Turnover: £618,034 (£11,885 Per week)
- Net Profit: £37,984 (7% Profit margin)
Business Details
Ecommerce clothing business for sale
BusinessPlease quote reference B07554
Hilton Smythe are delighted to welcome to the market Spiral Seven Clothing, a highly rated online clothing business that specialises in designer fashion for men.
The business was first established by our client in 2013, accruing many regular customers along with a burgeoning reputation for customer care, service, quality and pricing. As seen by the online ratings and reviews, the business is extremely popular.
The business is now being sold, albeit reluctantly and with a heavy heart only due the vendors wish to pursue a change of direction and concentrate on other business interests.
Spiral Seven is an exciting family run business that prides itself on its excellent customer service. They have a friendly customer service team which is always on hand to answer questions about any of its products, sizes or delivery information.
The business retails designer clothing from the likes of;
- Carhartt WIP
- EA7 Emporio Armani
- Pretty Green
- Lyle & Scott
- Fila
- Marshall Artist
- Sergio Tacchini
- Napapijri
- Lacoste
The sale will include the company website and social media platforms and the business enjoys great visibility online with many positive reviews from happy customers.
The business has a system in place which does all the work from stock keying to managing the customers orders. It's been designed to list new products which then in itself lists the products automatically onto many other marketplaces such as all the international Amazon marketplaces, eBay, Fruugo, Onbuy, Spartoo, Google etc. All the order processing is done automatically. They also use the Klaviyo platform which is linked to their system. Its used for email marketing and holds thousands of customers details.
Key selling point -
- A well established business with an enviable reputation and many existing customers
- Current owner happy to offer a handover to ensure the continued success
- Perfect bolt on to an existing clothing business / brand
- A real opportunity to increase turnover and profits significantly
- A retail shop in Halifax may be available if required
- Priced to sell
- Advertising and Marketing campaign
- Maximise the use of social media
- Invest in SEO and PPC to drive new customers to the business.
- Approach the likes of Amazon & ASOS etc with a view to eventually keeping stock in fulfilment centres
- Expand the product range
Location
N/A
Premises
N/A
Tenure
We are advised that this is being sold as an online relocatable business only opportunity.
Hours
Due to the nature of the business, it trades 24/7 through their online platforms.
Staff
We are advised that the business is run and managed by our client.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £620,000. Further financials can be made available upon request.
Contact Agent
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.
Be safe, use a Rightbiz Solicitor
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