Eco-Friendly Beeswax Wrap Ecommerce Business

Ilford, Essex
REF: R08191

Asking Price:
£100,000
Annual Turnover:
£75,000
Annual Net Profit:
£22,500
REF: R08191
Photo of Eco-Friendly Beeswax Wrap Ecommerce Business
Photo of Eco-Friendly Beeswax Wrap Ecommerce Business
Photo of Eco-Friendly Beeswax Wrap Ecommerce Business
Photo of Eco-Friendly Beeswax Wrap Ecommerce Business

Overview

Tenure:
Relocatable
Established:
2019
  • Excellent reputation
  • Loyal customer base
  • Huge potential for growth
  • Low overhead costs
  • Strong supplier relationships

This is a unique opportunity to acquire an eCommerce business, which primarily sells eco-friendly beeswax wraps through Amazon FBA. The business was first established in 2019 and has grown steadily ever since, while also gaining an excellent reputation and a loyal customer base in the sector.

Their main product line is a range of beeswax food wraps, which come in a variety of sizes and patterns and are perfect as eco-friendly, sustainable gifts. These popular, biodegradable wraps have multiple uses and are a brilliant way to reduce customers' use of plastic.

Earlier this year, the company launched a second product on their Amazon store, which is a 32piece kitchen utensil set. So far, this product has performed brilliantly. In the future, there would be huge scope to introduce further products as part of the brand.

Both products have proved highly successful, and the company has amassed 5-star reviews on Amazon. The business is so confident in their products, they even offer a 100% customer satisfaction guarantee. Their esteemed clientele extends across Europe, with happy customers in Spain, Italy, France, Germany, and the UK.

The company has an excellent relationship with their supplier in China, which could normally be hard to attain. Currently, they buy in bulk and then send products directly to the Amazon fulfilment centres in the UK and EU.

This business is home-based and therefore completely relocatable across the country. This will provide the new owner with a great deal of flexibility over their work location.

The limited company, bank account, and Amazon account will all transfer over with the business sale, which means the new owner will be able to get to work straight away.

The current owners are happy to offer a business handover, in order to ensure a smooth and efficient transition.

This would be perfect for someone looking for an eCommerce bolt-on opportunity.

There is huge potential for growth with this business, as they currently only sell through their Amazon store. There is massive scope for the company to develop their own website, which would attract traffic through both organic and paid searches. This would be a great way for the company to continue growing and increase profit margins.

The company has an Instagram account with a fantastic following of 2,000. This platform acts a great sales window for the business. It would be a brilliant idea continue utilising and optimising this channel, along with creating some additional social media accounts.

Features

Online Presence

Website: NA

Location

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  • Relocatable
  • Home-based
  • Office-based

Financial & More

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Annual Net Profit
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Stock at Valuation
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Company Accounts
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Management Structure
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Number of Employees
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Current Ownership
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