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Profitable Ecommerce Electronics Retail Business Available in Nottinghamshire

 Undisclosed, Nottinghamshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    05/04/24

  • Advert ID

    609299

  • Reference

    INT3056 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £125,000
  • Turnover: £942,186 (£18,119 Per week)
  • Net Profit: £116,996 (13% Profit margin)

Business Details

Ecommerce Electronics Retailing Business for Sale in Nottingham


    Introducing an unparalleled franchise opportunity in the booming world of e-commerce electronics retailing. With a proven track record dating back to the 1980s, has evolved into a household name synonymous with high-quality hifi, TVs, headphones, speakers, and a plethora of other electronics-related products and accessories.

    Under the stewardship of the current vendor since 2018, the business has undergone a strategic transformation, focusing primarily on e-commerce sales through prominent platforms such as Amazon and eBay, which collectively account for 60% of revenue. The remaining 40% is generated through the company's own e-commerce platform.

    As a franchisee, the buyer will benefit from an extensive database of over 400,000 loyal customers, cultivated over decades of exceptional service and unparalleled product offerings. They will enjoy the advantages of being an authorised dealer for numerous major electronics brands, leveraging this business's esteemed reputation and long-standing relationships within the industry.

    This business has over 5,000 reviews and 4.3 stars on TripAdvisor highlighting its stellar reputation. The customer base spans across diverse demographics, with a particular concentration in areas historically associated with its high street presence, including London, Birmingham, Manchester, Nottingham, Derby, and Lincoln. While the vast majority of sales occur online, the franchise model allows for localised engagement and potential expansion into new territories.

    The new owner would benefit from the historic & current comprehensive marketing conducted, including an opportunity for the owner to continue the well-established promotion on Amazon and eBay, robust SEO strategies, and engaging social media campaigns directing traffic to the website.

    Whether you're a seasoned entrepreneur or a budding investor, this business offers the ideal platform to capitalise on the ever-expanding demand for high-quality electronics products.
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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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    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.

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    The data showed regarding this advert 'Ecommerce Electronics Retailing Business for Sale in Nottingham - INT3056 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.