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West Midlands Online Appliance & Homeware Retailer for Sale - Amazon, eBay Presence, Growth Potential

Undisclosed, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    07/06/23

  • Advert ID

    514499

  • Reference

    B06955 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Online domestic appliance homeware and parts retailer

Business
Please quote reference B06955

This sale consists of two mainly online retail businesses selling domestic appliances, homeware, parts and related products. The businesses are essentially one operation located in a warehouse / office space in the West Midlands, and together enjoy superb sales and well-established profiles on both Amazon and eBay.

There is much potential for further growth.

Founded over 30 years ago, this appliance, kitchenware, homeware, parts and clothing retailer has regularly adapted to a changing marketplace to grow its list of products and sales. It now derives the majority of its sales from both Amazon and eBay, via two related but independent business profiles. It enjoys an excellent relationship with Amazon and eBay and glowing customer reviews and is well-placed to grow its product list and profits.

The business premises consist of a warehouse, office space and trade counter, which attracts further sales.

Highlights -

  • Two separate business listings on both Amazon and eBay, each with top seller status
  • Excellent stock control processes enable the businesses to reposition and adapt their offer to grow profits
  • Impeccable customer review profile attracts sales
  • Experienced workforce will help ensure a smooth handover
  • Solid supply chain and good relationship with blue chip providers
  • Growing, lucrative B2B client base
Opportunities -

  • Increasing the growing B2B client list
  • Developing higher margins through a more prominent website presence
  • Increasing the stock range
  • Complementing the online business with a bricks-and-mortar store (or stores)
 



Location
Located in the West Midlands.



Premises
Operating out of a rented premises. 



Tenure
Business premises will be offered on a new lease, with terms to be agreed.



Hours
Due to the nature of the business, it operates all year round. 



Staff
Experience team of staff in place.



Financial Profile
Turnover IRO- £3.1m in 2023.

  • 100% share sale
  • Prospective purchasers will be required to sign an NDA


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Contact Agent

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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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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 'Online domestic appliance homeware and parts retailer - B06955 / 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.