Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Online Retailer Of Limited Portfolio Of Special Interest Branded Footwear

LISTING DETAILS
Firms For Sale ID:
35140
Vendor reference:
AB243
Vendor website:
     
Printer Friendly
      
Contact Seller
      
Goto Website
More Like This
      
Email Search
      
Add Notes
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£60,000  
Turnover / revenue:
£460,000
Net profit / cashflow:
£32,000
Trading hours:
Monday – Friday: 09:00 – 18:00
Employees / staffing:
The vendor is ably supported by two key staff, equally responsible for stock management, picking, packing and customer service enquiries.

OTHER DETAILS
Reason for selling:
The vendor wishes to follow other areas of business interest.
Support and training:
Owner would be happy to stay and hand over for a negotiated period of time. The owners are 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
 
Image Not Found
BUSINESS DESCRIPTION
Asking price: £60,000 + SAV + Excess cash

Business highlights include:

Turnover circa £460,000 per annum
Net Profit before tax circa £32,000
Stock (Trade value) circa £40,000

Comprehensive website with full e-commerce
Drop-ship
Current “Bounce back Loan”
“Hard to get” brand portfolio
Exceptional EBay & Amazon presence
Significant Goodwill

Business Profile:

Extremely well established online footwear retailer specialising in a discrete portfolio of high added-value brands, one of which is very famous and is now “gated”; only access via businesses such as this is now possible. The business was established by the present owner in 2007 and has been a Limited Company since 2008.

The business has developed an enviable Ebay presence that results in a high degree of direct sales. Customers that begin their relationship with this retailer through its Ebay and Amazon accounts tend to become long term customers with the main retail site.

The real power and energy of the online shop comes from the quality and reputation of the Ebay and Amazon accounts, the nature and fame of the brand portfolio and the high levels of customer service and satisfaction they generate.

By virtue of the quality of relationship that this retailer has with key brands, it is offered Limited Editions, which increase in value over time, as they become rare and collectable.

Not surprisingly, the shop enjoys a good level of patronage – including many international customers on the company database; the store enjoys a high perecentage of repeat custom, empowered by the nature of the brands represented.

The target market for the online shop are a combination of special interest groups for whom key brands matter greatly. This cultural significance covers all age groups.

This opportunity is an ideal business for anyone looking to engage with or looking to acquire the more rare or very hard to find footwear brands. Alternatively, for someone already in the sector looking for a strong performing, additional outlet to bolt on to their existing business activities.

The business operates a “drop ship” stock and fulfilment methodology and is therefore very lean and manageable, requiring few staff. Some stock remains from previous stockholding method activities.

The business has taken advantage of the UK Governments recent Bounceback loan schem andf the vendor would like this liability to be considered in the sale.

The shop has all the equipment normally associated with a business operating in this sector and has full e-commerce capabilities.

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