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Brilliant Online Retailer For Sale In Southampton

Southampton, Hampshire

Asking Price £60,000
Turnover £130,000

Business overview

Online retail business and B2B wholesale business with considerable potential.
Medical themed products sourced from China including manufacturer contacts, current assets around £30,000

Business details

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  • Net profit
  • Accommodation
  • Staff
  • Rent per annum

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Business description

Current website and as well as selling through marketplaces such as Amazon.

Registered Trademark for "Medinc".

Aprox £30,000 of assets in the form of stock (cost price), computers, shelving units and office equipment and supplies.

Products are a mixture of products mostly based around medical and scientific interest.

We have a number of retail contacts who already stock the product range including high street chain Blackwell as well as many more including international (around 25 current stockists).
Contact with 2 suppliers in China, one who is able to source most products and another in a factory that manufactures many of the remaining products.

Some of the products are products that are 'manufactured' in our own warehouse with printing facilities for all sublimation products (Mugs, coasters, cutting boards, clothing etc).

Current business is run by office manager. Owner does not attend the warehouse and spends only a couple of hours working for the company a week. MASSIVE potential should the owner continue the current practice while investing their own time as well.

Issue and reason for sale: Current owner has family connection to a seller banned on Amazon. Amazon US (American Amazon) has blocked the account. This has not currently affected the Canadian, French, German, Italian, Spanish, Mexican or English sites and should also be released to a new owner.

Business location

West End, Southampton

Sector specific information

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