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Ecommerce Business For Sale And Relocation Premium Advert

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Reference2710 / RightBiz
Advert ID196476
LocationUndisclosed, London
SectorInternet Businesses, E Commerce Businesses, Furniture Businesses
Asking Price£90,000
Annual Turnover£185,000
Annual Net Profit£45,000
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Key Features
  • Home Based
  • Price Reduced
  • Attractive Business
  • Potential for Alternative Use
  • Established Business
  • Accounts Available
Established in the mid-noughties this quality business sells via a full e-commerce enabled website, Amazon and Ebay. Sales are consistent all year round and expected to be £185,000+ in this financial year.

Offering mirrors and picture frames, margins are excellent and sales are made to both retail and trade customers (such as shop fitters, hotels and interior designers) - all sales are at retail prices. A number of high street stores are also supplied.

The business is offered for relocation and currently occupies around 3,000 sq. ft although a smaller space would be sufficient. It may be possible to further reduce this by use of a fulfilment service or there may be the option to dropship some products.

A wide range of stock is carried, from modestly priced items up to mirrors costing several hundreds of pounds. The full range is offered via the website and Amazon with a limited range on Ebay. Sales come from repeat business, word-of-mouth, Google adwords, social media. Trade customers tend to order by phone so a high proportion of sales come this way also.

There is scope to increase marketing on all fronts - currently a modest budget is given over to advertising, adwords and PR with limited attention to social media. More traditional sales approaches could also be made to hair salons, hotels, restaurants, property developers and interior designers to increase the existing customer base in these areas. Around 7,000+ customer details are held in an opted-in email database.

Stock tends be high end ornate designs. A larger contemporary range could be added to increase the breadth of products. There may also be scope for a budget range.

The asking price is £90,000 plus stock (est. £50k - £60k) - to include a handover and support.

Location: Currently located north of London the business is offered for relocation anywhere in the country.

Premises details: None included.

Reasons for selling: Change of lifestyle and direction.

Trading hours: Online 24/7/365 although the owner currently works 9.30 - 5 Mon-Friday.

Employees: Owner only at present

Support & training: Handover and support offered including connections with current suppliers.

Home based: This business can be run from home.

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