Featured Brokers
CONFIDENTIAL SALE
FOR SALE
10/08/23
517882
ECA-007 / Rightbiz
Business Description:
We are pleased to present an exciting opportunity to acquire a well-established and profitable online retailer that supplies quality furniture accessories used in most homes, Restaurants, Schools, Hotels etc. The Business has come to market as part of the owner's retirement plans.
With steady growth over the last five years, the Business has become a leader in its space, generating revenues through direct-to-consumer sales on its website and various third-party marketplaces, including Amazon, eBay, ETSY, and more.
The Business has demonstrated strong sales, with a turnover of over £375,000 and a gross profit above £195,000.
99% of products are sourced and made in Europe (Germany & Sweden) and stocked in the United Kingdom for prompt Nationwide and International delivery.
As a family-run business, they pride themselves on their customer service. Ensuring every one of their customers has an excellent shopping experience. The company logo is a registered brand, and the domain name is registered.
Business Growth.
The company consistently observes an upward trend in sales whenever it introduces new products on both its website and various online marketplaces.
The company is an established Amazon Seller Fulfilled Prime seller on Amazon UK and holds active registrations to operate on various other Amazon marketplaces, including FR, DE, ES, IT, BE, NL, PL, SE, US, CA, and UAE. While the business currently experiences sales traction across international Amazon platforms, there exists an opportunity to strategically enhance and elevate these sales figures for greater growth potential.
In addition to its presence on Amazon, the company also leverages other prominent platforms like eBay and Etsy to conduct sales across the UK, Europe, USA, and Canada. Furthermore, the business has initiated an account on Wayfair, a marketplace with promising potential. With dedicated efforts towards crafting comprehensive listings and strategic advertising, Wayfair holds the promise of becoming an advantageous avenue for the business, given the complementary nature of its offerings to the products available on the platform.
The company has gained approval for selling within the B&Q marketplace, although active trading has not yet commenced. The significance of B&Q's customer base is notable, and the company's distinct, superior-quality products offer a unique value proposition compared to the existing B&Q product range.
This underscores a clear demand for the company's products, providing a compelling choice for DIY enthusiasts, businesses, and tradespeople seeking to invest in higher-quality offerings.
Business Overview:
The Business has been trading since 1999; it was initially set up as an import-export business, then transitioned into a company supplying furniture to the hospitality industry, then, in 2015, started selling furniture parts online.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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