Luxury Online Food & Drink Retailer Homewood Delights Limited in Potters Bar for Sale
Potters Bar, Hertfordshire
- Status
FOR SALE
- Date Submitted:
03/11/23
- Advert ID
602158
- Reference
B07621 / Rightbiz
- Call Agent:
- Asking Price: £99,500
- Turnover: £1,005,052 (£19,328 Per week)
- Net Profit: Not Applicable
Business Details
Online food and drink retailer for sale
BusinessPlease quote reference B07621
CoGoGo are delighted to welcome to the market Homewood Delights Limited, an e-commerce business opportunity that specialises in luxurious and food and wines.
The business was founded by our clients in 2020 when they owners identified a gap in the market for great food and wine and the little luxuries in life. It has quickly been accruing an impressive number of customers, strong sales and a burgeoning reputation for price, quality and customer care.
Homewood Delights Limited has now come to the open market due to our clients need to concentrate on their other business interests.
The business offers a range of products via their website or through their strong relationship with Amazon. At the time of instruction, 95% of the sales were coming from Amazon.
The business retails a wide range of specially sourced products including;
- Wines and Spirits
- Tea
- Spices
- Honey
- Jewellery
- Hampers for him and her
The sale will include the company website which is directly linked to Amazon with automated stock control etc. The sale will also include all social media platforms and the business enjoys great visibility online.
Key selling points -
- A well established e-commerce business with an an enviable reputation and many regular customers
- Current owners happy to offer a handover to ensure the continued success of the business
- Ideal owner managed or partnership business
- Perfect bolt on to an existing retail or e-commerce business
- A real opportunity to increase turnover and profits significantly, current owners have been running at a pace to suit due to their other business interests
- Companu organic licence with soil association can be renewed at anytime if the new buyer wants to continue
- Website back end Magneto
- Amazon reviews received 454 - Out of that, 89% positive
- Advertising and Marketing campaign
- Maximise the use of social media
- Invest in SEO and PPC to drive new customers to the business
- Attend farmers markets, food fairs and exhibitions
- Organise high end wine tasting events
Location
The business can operated from anywhere in the UK.
Premises
N/A
Tenure
We are advised that this opportunity is being sold on a relocatable business only basis.
Hours
Due to the nature of the business, it operates 24/7 through their online selling platforms.
Staff
We are advised that the business is run and managed by both owners, with the additional help of 1 full-time staff member.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £1,000,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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. 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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