Niche E-Commerce Business Specialising in Musical Instruments

Harrogate, North Yorkshire
REF: S06510

Asking Price:
£225,000
Annual Turnover:
£327,377
Annual Net Profit:
£63,000
REF: S06510

Overview

Tenure:
Relocatable
Established:
1988
  • Niche business
  • Loyal clientele base
  • Profitable business
  • Good relationships with suppliers
  • Potential to increase profits

The business for sale is recognised as an online e-commerce store specialising in world music, particularly percussion.

This highly profitable business has a loyal clientele base and benefits from returning customers and word-of-mouth recommendations. As well as the highly successful web store, the business also operates across major e-commerce platforms including eBay and Amazon.

There is also a large warehouse and attached is a small showroom, located in the Yorkshire Dales, displaying the variety of instruments for sale.

The showroom is located on the prestigious New York Estate with a backdrop of the beautiful Yorkshire Dales. The showroom contains displays of the various products for sale, and there is an office with two desks and computers.

The property also contains a large warehouse for storing stock. The showroom is located close to major roads and is accessible for those travelling from afar. The business benefits from being the only showroom of musical instruments in the vicinity. There is the option for the business to be relocated as a lot of its trade is online. This is a great opportunity to purchase an established world music specialist or to add this to your existing offer.

The business currently promotes itself through social media, Google AdWords, its website, and e-commerce platforms such as eBay and Amazon. There is also a large opted-in mailing list, which keeps customers up to date with information.

This business is well established as a reputable supplier of quality musical instruments from across the world and has a vast client base, including schools and music therapists, as well as the general public. The business also enjoys a good relationship with key suppliers.

The business has a developed online presence across several websites and has clear advertising strategies in place. Currently generating a turnover of over £327,000 and the current owner has highlighted the potential for the business to develop and grow even further by the development of the education market (including a range of outdoor instruments) as well as opening up further sales to the international market. A buyer may also look to target a wider audience through social media marketing and promoting the business at musical tradeshows and exhibitions.

The owner is willing to stay for a transition period, as required.

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  • Warehouse apace
  • Predominantly online trade
  • Can be run from home
  • Fully relocatable
Rent
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EPC
C 51-75

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