Gourmet Food & Drink Products: eCommerce Platform
- Huge potential for growth
- Strong supplier relationships
- Wide variety of products
- Fresh produce directly from producers
- Low operational costs
This is a unique opportunity to acquire a relocatable eCommerce platform, which connects family-run farms and niche food and drinks producers directly to customers throughout the UK. The business was first established in 2020 after the owner noticed a huge gap in the market, when it came to the lack of availability of premium, niche food and drink products outside of the area where they get produced. In addition, after actively reaching out to small British producers around the UK- the founder realised the challenges that small producers face.
This platform offers customers the opportunity to purchase high-quality food and drink products previously available only in specific locations around the UK, whilst becoming more health and environmentally conscious. The company did a soft launch with 17 sellers already subscribed and integrated into the marketplace in December and saw a strong proof of concept through stable and constant £60+ purchases. The business has good relationships in place with their sellers, who are all keen to continue using the platform. The site receives a 20% commission on every sale and was planning to introduce a membership fee in the near future.
The business is following a structured roadmap and the next two stages see the company establish a marketing platform functionality for premium health and leisure-related services, followed by introducing a premium membership service. The company is well set up, with the entire back end of the site functioning faultlessly; all shop changes can be done by the vendors themselves.
As the business is an online platform, this company is fully relocatable. The IP rights, domain name, branding booklet, CS-cart software rights, email addresses for the domain, seller database, communication materials, website, and popular social media channels will transfer over with the business sale. The domain name for the company website has already even risen in price over the last few months. The company already has an online presence, with a simple-to-navigate website and several social media channels. Continuing to utilise and optimise these channels will be essential.
The vendor hopes to find an enthusiastic buyer who has the passion to grow the business further. As such, the vendor is happy to discuss and negotiate any structured offers, including selling shares of the company.
The business is currently managed by a business consultant, who would be happy to stay for a negotiable fee.
This would be the ideal opportunity for someone that is looking to acquire an already set-up company, which has a long-term business plan. This company is projected to see profits after a further 12 months of operation and it is important the buyer has time and money to invest in the company’s growth.
There is great potential for growth with his business, as there is a lot of potential to introduce further functionalities to the business. The company is following a structured road map. It will be necessary for the new owner to invest in a marketing budget. Once a certain level of traffic is achieved, the next step would be to introduce a marketing functionality on the platform, which will enable service providers to be advertised on the website, social media, and newsletter. The final stage of the business plan - to start offering premium memberships; incorporating algorithms that will learn of the members' interests and habits and will generate service and products suggestions.