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Exceptional Online Retailer for sale in Stockport, Cheadle, Hyde & Surrounding
Stockport, Cheadle, Hyde & Surrounding, Greater Manchester
Business overviewFavourable opportunity to acquire a successful online business with 7 years of consistent profit/ sales. Ideal time to buy now as a large percentage of the profit is realised in 4th quarter
I am presenting you with a favourable opportunity to acquire a successful online business with 7 years of consistent profit/sales. The majority of sales are from Amazon (UK & Europe) and eBay. A large amount of the profit for this business is generated in the last quarter of the year so your optimum window to buy is right now before the busy last quarter of the year.
Products - The business has excellent long term products - some are still selling well after 7 years and I have consistently added new lines where others were discontinued. Niches - mainly clothing and gadgets. I also have a partially developed action camera niche which could be fully realised with some marketing and additional cash flow
I have an excellent working relationship with all existing suppliers. Supplier contact information & transfer of accounts will be included in the sale. The suppliers continue to add new lines regularly and credit is usually available on most of these. I also have other tested profitable wholesale contacts that I could include if you want to extend the range of products.
An eBay and Amazon marketplace account will be included in the sale subject to marketplace permission. Alternatively, if you prefer to use your own accounts I will discount the sale price accordingly and help you setup the same listings on your own accounts.
Existing stock is available for purchase at cost price (10-12K). I've also placed tentative Christmas back orders with some suppliers so to enable you to purchase extra stock before the Christmas period.
Further potential to develop profits - Most of the sales have been generated from new business so they are plenty of scope for extra income/profit by spending some time marketing existing customers and developing a social media presence.
A self-hosted website is also included (no monthly fees other than hosting). The website has an aged domain name and googles ranking (page 1-3) for a few highly relevant keywords. Most of the existing 26K Ebay customer base hasn't been invited to subscribe to the website or any social media presence. My recent marketing testing on 3000s customers spanning the full period indicate that 90% of these are still interested to open/read emails and only 10% unsubscribe.
The reason for the sale - I am selling the business as I am now at the stage where I wish to focus on my family and other activities. I would be willing to offer some initial advice and help (including technical expertise) for a specific time to help a prospective seller become familiar with the running of the business. I would probably also be willing to offer additional paid advice and help if required (occasionally or part time).
Financials - profits during self-distribution years were consistently £23 to 25K a year. Profits for 2016 and 2017 were only less ie £17-19K because I used third party distribution at a cost of 5 - 7K a year. l reverted to self-distribution in April and anticipate profits this year of £23 - 25K as before