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Mobile Phone Wholesaler in Edmonton London Specializing in Accessories and Online Sales

Edmonton, London

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    658935

  • Leasehold: £250,000
  • Rent: £30,000 (£2,500 per month)
  • Turnover: £310,000 (£5,962 per week)
  • Profit: Not Applicable

Business Details

Mobile Phone Wholesaler

Our business specialises in the wholesale supply of mobile phone accessories to local retail shops, providing products to businesses that serve the everyday needs of mobile phone users.

Alongside our wholesale activities, we also sell mobile phones directly to consumers through Back Market, giving the business access to the online refurbished and pre-owned electronics market.

Key Business Activities

  • Wholesale distribution: Supplying mobile phone accessories to local shops and retailers, building relationships with business customers and serving ongoing demand for mobile accessories.
  • Online mobile phone sales: Selling mobile phones directly to consumers through Back Market, an established online marketplace for refurbished electronics.
  • Additional sales channel opportunity: The business previously sold products on eBay. Although the existing eBay account has been deactivated, the new owner may explore creating a new seller account, subject to eBay's approval and applicable policies.

Growth Opportunities for the New Owner

The business offers a combination of established wholesale operations and online retail sales. A new owner could focus on expanding the existing local retail customer base, increasing online sales through Back Market, and exploring additional sales channels and marketplaces.

There is also potential to develop relationships with more independent retailers, broaden the product range, and improve online sales performance through additional marketing and marketplace activity.

Summary

This business is an opportunity for a buyer looking to enter or expand within the mobile phone accessories and electronics sector. It combines B2B wholesale sales to local shops with B2C online mobile phone sales, offering multiple routes to market and opportunities for future growth.

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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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