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Exceptional Sports Shop for sale in Esher, Walton-on-Thames, Weybridge & Surrounding
Esher, Walton-on-Thames, Weybridge & Surrounding, Surrey
Business overviewww.m1events.com is a online sports store that specialises in football shirts and other sporting items and goods. this sale inc £95,000 in cost stock (on going use)
M1 Events ltd is an online sports shop that has been running for over 13 years now, However due to my other business interest's I can no longer give it the time it needs to keep it growing and moving forward,
So now I feel is the correct time to hand the keys on to someone else who can give it the love and full time attention it needs at a price that no one can fail to get a return at.
The business is run though eBay and we have been on there for all of that time, we do have a website and also a second one due to finish in march 2018 ready for the World Cup.
We currently hold around £95,000 in cost stock (before sold price) witch is needed on going for the company to operate around £20,000 of this is shirts, so for the price you are getting more than half in stock.
Where can this company improve???
Marketing : whilst eBay has been a very good source of income we have never really given are own website the time of day needed be a success, the same goes for advertising we have never really done any apart from eBay itself.
Whilst I would not advise anyone getting a shop due to costs before you have even sold anything this would open you up to certain accounts we do not have at this time and others that would give deals for doing so, I would advise anyone who does not have a shop already to forget this idea, I want to sell my business but don't want anyone to sink trying to get going.
Currently 90% of what we sell is football related moving into other areas such as cricket,rugby golf,tennis, ect would be a quick way to expand the business however my own view is you need to know a good deal about what you are selling and as stated above I just don't have the time to understand in depth those areas the business needs to expand into to move forward even more,
I have never been really good myself so once things moved on from listing things 1 by 1. I had to employ people to help the business expand using software like LINNWORKS to list in bulk and one with better know how will be able to save the company money straight away.
As above I have other business interests that take up a lot of my time, so full on focus and no other business distractions would be a major injection for the company.
I would advise anyone interested to come down to see the set up we have and how things work, We have had a few people who have come down and been surprised by the space needed and work involved. Full due diligence is available and all questions are welcomed.
After sale frequently asked questions
The company will be sold with all credit accounts on £0 any outstanding debt will be paid off or transferred into my personal name or other company's.
I am happy to offer a hand over to anyone who feels the need for guidance though transition / take over.
I will not accept spread payments or any performance related claw backs.