Established E-Commerce Metals Retailer for Sale
£99,950
£173,350
£30,711
Overview
Relocatable
2020
- Friendly & Professional Team
- Huge Growth Potential
- Low Overheads
Now on the market is a prestigious metals business selling precious metal coins, bars (silver and gold) and the occasional collectable coin mainly via Amazon FBA but also via their own website. Their customer base comprises collectors, those looking to start a metals investment portfolio and gift buyers for special occasions.
Established in 2020, the business is based in London with a third-party fulfilment/packaging partner in Kent that is highly reliable and trustworthy, however, the business can be relocated anywhere and is currently run remotely. With the current vendor running this business as a side project, it has ample scope for growth reflected in its profit margins and established client base.
The company requires little time to manage and grow at a consistent rate, with great relationships with suppliers and a fully functioning website that attracts a wide base. It has quick cash conversion cycles with great potential returns on equity.
This fantastic business venture would be an ideal purchase for someone that enjoys working remotely as they can also fulfil orders themselves if needed, increasing the handling speed and removing added costs. The vendor is happy to provide 3 months of "after sales" support and guidance as part of the deal in addition to providing a list of real expansion opportunities with an almost "step-by-step" guide for support.
The company has no premises, with a virtual office in London for the Ltd registration and for some shipments. The third-party fulfilment company operates in Kent, and is fully equipped with a safe to store the coins and some packaging stock (branded Jiffy bags, coin capsules).
The company has a virtual assistant for social media if and when needed, and an agency that specialise in Amazon FBA if new listings need to be created or updated on the online store. With no full-time staff, the business operates on a very much as-needed basis, depending on demand and developments, this shows that the business is fully flexible for a new vendor to manage it as preferred.
Diversifying the product range presents a lucrative opportunity for growth. Currently offering 8-10 items, the potential for expansion is substantial, possibly doubling or even tripling the selection. Direct sales through the business's website remains an underexplored avenue due to limited focus on marketing and traffic generation. Exploring additional platforms like eBay could tap into a sizable market.
Expansion into new territories holds promise. While Germany remains a focal point, untapped demand in Spain and Italy signals a ripe market. Venturing into the US and the Middle East with Amazon FBA could unlock fresh avenues for growth.
Strategic expansion into complementary product categories catering to collectors and enthusiasts, such as accessories and storage solutions, demonstrates astute diversification. With prototypes of potentially successful products in hand, the brand could establish itself as a comprehensive provider within this niche.
Features
Key Information
- List Marketplaces: Amazon, Google Shopping
- Products Sold: Other
Online Presence
- Facebook: Yes
- Instagram: Yes
Location
- Home Based
- City Centre Location
- Close to Local Businesses
- Limited Competition