Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Online & High Street Retailer Of Inkjet & Laser Printer Cartridges, Printers And Peripherals

LISTING DETAILS
Firms For Sale ID:
34741
Vendor reference:
AN039
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£400,000  
Turnover / revenue:
£1,200,000
Net profit / cashflow:
Undisclosed
Years established:
13
Trading hours:
Office: Monday Friday; 09:00 17:30 Shop: Monday Friday; 09:00 17:30 / Saturday; 08:00 14:00
Number of employees:
5
Employees / staffing:
The vendor is ably supported by two key full time staff (order processor & website manager), plus two warehouse full time staff (including picking & packing) and one full time staff administrator responsible for customer service.

OTHER DETAILS
Reason for selling:
The vendor wishes to commit more of his time to the demands of his family.
Support and training:
The vendor is happy to provide training for an agreed handover period.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold and this lease expires in October 2018. The square footage for the whole area to include the retail/office area and warehouse/storage is circa 1,200 sq. ft. The rent is circa GBP 22,000 per annum. Rates are circa 12,000 per annum.
 
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BUSINESS DESCRIPTION
Online & High Street Retailer of Inkjet & Laser Printer Cartridges, Printers and Peripherals
Ref. AN039
Location : Greater London
Asking Price : GBP 400,000
The business was established by the present owner in 2004, and has become an extremely well established mainly online retailer specialising in consumables for inkjet & laser printers. The range on offer is one of the widest available online, and while it can be said that products are shipped internationally to customers from all parts of Europe, over 90% of current sales is in the UK and 90% or more of all trade is online.

The business has developed an enviable Google presence and strong social media following. This results in a high degree of direct sales, customers that begin their relationship with this retailer through its web based marketing activities tend to go on to become long term customers.

This online business is one of the leading printer cartridge suppliers with the widest selection of popular HP printer cartridges, Canon toner cartridges and Epson toner cartridges, as well as the lesser known printer cartridges such as Sharp toner cartridges; available with the highest levels of customer service along with the most competitive prices anywhere.

Expansion Potential
The business has grown organically and with further marketing the website could build on the existing excellent customer base.

Market / Competition / Non-Competition Agreements
Internet only, which includes Search Engine Optimisation and Pay Per Click (PPC) on Google and Bing, which has proved to be very effective.