Established E-Commerce Business in Stallingborough Lincolnshire Offering Diverse Products for Sale
Stallingborough, Lincolnshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
09/10/23
- Advert ID
600841
- Reference
INT2266 / Rightbiz
- Call Agent:
- Asking Price: £100,000
- Turnover: £91,496 (£1,760 Per week)
- Net Profit: £33,056 (37% Profit margin)
Business Details
Long Established Lifestyle, E Commerce Internet & Online Business
First established in 2014, the e-commerce business has quickly developed and stocks a wide range of household, welding and DIY products on popular platforms such as Amazon and eBay.
Due to the success of the business, all stock was moved to a 3PL (third-party logistics) service to manage storage which has provided time to grow and develop the product range to include useful and popular stock that is neither complicated nor requires training to be able to sell.
The business already has connections with 3PL warehouses in China, the USA, and Australia, meaning the business is primed to expand and trade in these locations, should a new owner wish.
The current vendor is travelling South East Asia, proving that the business can be run from anywhere in the world using a 3PL operation. For greater margins, a new owner may look to bring the dispatching function of the business in-house, reducing overheads.
Included within the business sale are the brilliant and established supplier connections, with over 8 years of purchasing from Asia and a refined selection of suppliers that provide the highest quality of products.
This would be an excellent acquisition for a person or couple looking for a career change with a business that has firm foundations already in place. It would also make a fantastic bolt-on opportunity for an existing e-commerce trader looking to expand their market presence and supplier connections.
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Listing Statistics
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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.
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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.
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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.'.
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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.
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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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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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