Online French Delicatessen & Gift Hamper Company

London, London
REF: S08043

Asking Price:
£15,000
Annual Turnover:
£50,000
Annual Net Profit:
TBC
REF: S08043

Overview

Tenure:
Home_based
Established:
2018
  • Excellent reputation
  • Loyal customer base
  • Huge potential for growth
  • Low overhead costs
  • Strong supplier relationships

The business for sale is a relocatable, online French delicatessen and gift hamper company. The company was first created in October 2018, but only started operating in March of 2019. The business has been growing steadily over the past two years and has gained an excellent reputation and a loyal customer base.

The company sell a wide range of over 20 different French deli, French wine and gift hampers, which are available for fast delivery all over the country. The hampers are elegantly packed with carefully selected and high-quality ingredients, and there is even the option to add gift notes. Customers can choose to individually buy their favourite products and can even personalise the hampers. Most of the products are purchased from UK resellers of French products, as this is an easier way to buy in small quantities.

The company’s current revenue streams come from their website, Borough Box, Yumbles, The Food market, ShelfNow, and corporate orders. There is huge potential for growth with this business, as there are numerous other possible revenue streams to explore, such as eBay, Amazon, and online marketplaces, like notonthehighstreet.com.

The business has a fantastic website and an established social media presence with over 1000 followers. The current owner regularly runs giveaways and works with food and lifestyle influencers, to help promote new products. With low overhead costs, this would be the perfect opportunity for an operator in the eCommerce gifts industry.

The owner will only be responsible for managing the website, product development, communication, marketing, and customer service of the business, which means the company has the option to be home-based and fully relocatable. This should give the new owner a great deal of flexibility over their work location.

The storing, picking, packing, and fulfilment are completed by Borough Box, with their warehouse based in Welwyn Garden City, AL7 1FS. Stock is sent to this address, and orders are placed through Mintsoft management system. Each order is sent by Borough Box with DPD on a 24h tracked service to ensure quick delivery and food safety. Borough Box also has a separate online marketplace, where the hampers are advertised for sale. This process could easily be brought in house by the right person, which would dramatically reduce the operation costs.

This would be the ideal opportunity for someone who has previous experience with an eCommerce gifts company.

There is huge potential for growth with this business for someone who has further time and energy to invest in the company. There are numerous future possible revenue streams, which would be a great idea for the new owner to pursue. Looking into selling on eBay, Amazon, online marketplaces, and French Click supermarket could all be great ways to increase the revenue. Growing corporate sales, offering repeat sales options, and expanding on the company’s advertising efforts could also be beneficial. Finally, it’s worth mentioning, that there is huge room for product development. Focusing on offering vegan/vegetarian options and expanding the wine range could be a good start in this area.

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  • Relocatable
  • Home-based
Rent
TBC
Rates
£0
Lease Term
TBC
Lease Expiry
TBC
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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