Industry Leading E-Commerce Business with Strong Growth Potential
£1,800,000
£1,740,180
£378,862
Overview
Relocatable
2019
- Excellent Reputation
- Very Loyal Customer Base
- Huge Growth Potential
- Strong Supplier Relationships
In just a few years, this family-run e-commerce business has established itself as a leading supplier of electric vehicle (EV) charging cables and accessories in the UK. Since being founded in 2019, this company has gone from strength to strength, experiencing consistent growth and profitability. Their success is driven by a commitment to high-quality products and outstanding customer service, cultivating strong, long-term relationships with individual customers and prominent corporate clients.
With a strong reputation within the EV accessory market, the business is one of the UK’s largest stockists of EV cables and accessories. It is widely recognised for its extensive product range, competitive pricing, and exceptional service, earning an outstanding 4.9 Trustpilot rating from over 1,200 reviews. Serving both individual end-users and well-known corporate clients, it has built a loyal and diverse customer base. This customer-centric approach has reinforced long-standing relationships and solidified its position in a growing market.
Enduring relationships with key industry players, including automotive organisations, fleet operators, and charging infrastructure providers, are a significant benefit to the business. Its product offerings are sourced from trusted suppliers, many of whom collaborate with major car manufacturers, ensuring the highest quality and compliance with industry standards. These established partnerships provide a solid foundation for continued growth and new opportunities within the expanding EV sector.
This UK-based business is well-positioned to capitalise on the expanding EV market, with a sustained growth trajectory driven by the 2035 ban on fossil fuel vehicles. A new car registration tool that was launched this year has boosted conversion rates. Strategic partnerships with EV installers and dealerships offer additional growth avenues; ideal buyers include competitors, car parts firms, utilities, or renewable energy businesses seeking entry into the EV space or E-Commerce businesses wanting to diversify.
As a leading supplier of EV chargers and cables in the UK, EV Extras serves a loyal customer base, including Tesco and Octopus. Known for exceptional service, competitive pricing, and fast delivery, it offers a broad product range supported by personalised phone assistance. A digital marketing agency has enhanced its online presence, earning the Best Digital Marketing Campaign – FMCG award at the Northern Digital Awards. Inventory is managed via a third-party logistics provider within an 18,500 sq ft facility, with the business using approximately 2,000 sq ft. With storage fees covered, no long-term lease, and a fully remote team, the business is flexible and easily relocatable. The managing director is supported by a small admin and customer service team, with the vendor involved in operations from the start. A transition period post-sale will be negotiated to ensure a smooth handover.
With the UK EV market growing rapidly and the 2035 ban on new fossil fuel vehicles driving long-term demand, the business is well-positioned for continued expansion. The recent launch of a bespoke car registration tool has boosted online conversion rates by over 1%, while new high-margin accessories and bundling strategies offer opportunities to increase average order values.
Untapped B2B and trade sales, partnerships with EV installers and garages, and expansion into European markets present significant growth avenues. Ongoing SEO efforts and a reduction in supply chain costs further enhance profitability, making the business highly scalable for a strategic buyer.
Features
Key Information
- List Marketplaces: Amazon
- Products Sold: Electronics
Reputation
- Google: 4.8
- Trustpilot: Excellent
Online Presence
- Facebook: Yes
Location
- Home Based
- Limited Competition