Highly Established Online Retailer of Specialist Food in Bedford

Bedford, Bedfordshire
REF: INT2062

Asking Price:
£155,000
Annual Turnover:
£417,500
Annual Net Profit:
£44,500
REF: INT2062
Photo of Highly Established Online Retailer of Specialist Food in Bedford
Photo of Highly Established Online Retailer of Specialist Food in Bedford
Photo of Highly Established Online Retailer of Specialist Food in Bedford
Photo of Highly Established Online Retailer of Specialist Food in Bedford

Overview

Tenure:
Relocatable
Established:
2003
  • Excellent Reputation
  • Very Loyal Customer Base
  • Strong Supplier Relationships
  • Secure Contracts
  • Wide Variety of Products & Services

This is an exciting opportunity to acquire an established online retailer of specialist food products for diabetic customers, those interested in weight loss and healthy-eating enthusiasts. All of these products are sold via various websites owned by the business and across third-party platforms.

All orders are processed and supplied from their air-conditioned warehouse and offices and are shipped out directly to clients all over the world. The majority of their customers are UK based however they have branched out internationally.

The retailer offers a range of products such as snacks, low carb and low sugar foods, low sugar confectionery, bakery products and much more. The products are suitable for those following the Atkins and other Keto diets for weight loss and also for the prevention and control of diabetes.

Only on the market due to the current owner's wish to retire, this would be a brilliant purchase for someone within a similar sector or with an interest in specialist food.

This business is available on either a relocatable or a leasehold basis. The current premises is situated in Bedford with rent payable at a rate of £20,000 per annum. Should a new owner wish, they would have the option to take on this spacious premises, from which all products are currently shipped out, a two-storey warehouse and office unit.

The warehouse is air-conditioned to ensure all products are delivered fresh and to a high standard and has plenty of storage space alongside offices which a future purchaser could use.

Due to their excellent reputation and variety of products, the business has the majority of their customers in the UK, however, 5-10% of their customers are from various countries such as Europe, the USA and Australia.

Reliable product supply routes are in place for products sourced from the UK, Spain, Italy Germany, France, South Africa and the USA.

The turnover in the current financial year will be in excess of £400k with a gross margin of around 30%.

Due to their high success and ongoing excellent reputation, the business has huge growth potential to expand and sell to more retailers. Focussing on small businesses could be highly beneficial and expanding to more countries would increase business turnover.

Developing marketing strategies for their social media channels would also benefit the business as it would increase outreach and customer base.

With a determined and ambitious purchaser, this business has the potential for extremely high turnover and expansion rates.

Features

Key Information

  • Products Sold: Food - Organic Produce, Food - Other

Online Presence

Website: www.lowcarbmegastore.com

Location

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  • Close to Local Businesses

Financial & More

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