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This is a rare opportunity to acquire an eCommerce Retailer of Fragrances with all sales coming directly from owned website and no 3rd party platforms at all.
With strong annual sale averaging £1m and double-digit % net profit, this is an outstanding opportunity to acquire a well-established, highly respected business to run independently or as part of a larger portfolio.
Fully re-locatable, strong growth and high profit margins, this company is best suited to somebody looking for an established eCommerce operation with stable trading history and huge potential for growth.
The eCommerce operation runs on Magento 1 website which is easy to navigate and optimised for maximum conversion.
The store retails almost 1000 products across 50 brands, sourced from UK and US and some of which are incredibly difficult to establish accounts with. All sales are made directly through the website and no 3rd party platforms are used.
The business currently has 150,000 customer database and assets of circa £150K, mainly stock, not included in the price.
The current owner is a serial entrepreneur who has founded and sold a number of businesses over the years.
The business is now up for sale due to the owners needing significant funds to markets a technology application created within the insurance industry. However, the current owner is happy to stay on with the business in a consultancy role for a defined period of time.
The business is for sale confidentially so interested parties will need sign a mutual NDA.
Due to the realistic valuation and level of interest in the business, all interested parties will be required to provide proof of funding.
4 years but not required to be part of the sale
£1,250 per annum
Trading is done online via owned website but stocks and order picking are done from a warehouse in Eltham
Expansion into other countries, additonal beauty products and sales via 3rd party platforms such as Amazon, Cdiscount
Financing required for a Financial Technology product in the Insurance space
24/7 sales, 11-3pm for customer services, order picking done over 3-4 hours per day
Happy to provide support over 3 months or extended if required.
Payment over time will be considered.
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