Online Retailer/Distributor of Door Handles, Door Furniture and Window Furniture

South Kendal, South Kendal
REF: R07847

Asking Price:
£70,000
Annual Turnover:
£92,334
Annual Net Profit:
£49,090
REF: R07847

Overview

Tenure:
Relocatable
Established:
2019
  • Brilliant reputation
  • Huge growth opportunity
  • Low overhead costs
  • Wide variety of door and window products sold
  • Strong supplier relationships

New to the market is the opportunity to purchase an online distributor of door handles, door furniture, and window furniture. Doorhandles.co.uk stands out from competitors by offering its products at unbelievably low prices for customers, without sacrificing quality. With savings of up to 75% on each item, the brand is a go-to destination to obtain door and window furniture with unbeatable value for money. The business does this by purchasing products directly from manufacturers and administrative sales, thereby eliminating the cost of a middleman.

Alongside its superb ecommerce website, the brand is also established on Amazon and eBay, providing excellent visibility to potential customers. When an order is placed on any of the platforms, it will automatically be removed from the listings of the other sites, thereby working in complete tandem. The website’s backend then sends the order to the warehouse where it is then distributed directly to customers. With this business model, Doorhandles.co.uk distinguishes itself from drop shipping companies by guaranteeing product quality with every order.

A key aspect of this sale is the incredible volume of stock that is included and its potential retail value. The products were purchased at approx a third of their normal trade price (15% of normal retail price), therefore providing outstanding value for money for the business’s buyer. Combining this with the business’s cohesive ecommerce platforms makes this sale an absolute bargain of an acquisition.

No fixed premises included in the sale as it is currently operated from the vendor’s home office. It is therefore available on a fully relocatable basis and so the buyer can easily move the business to run it from the comfort of their own home or choose premises to suit their preferences.

The present cost value of stock included in the sale price is £30k. However, this was mostly purchased from liquidators last year at an incredibly discounted price and so the actual trade value is a much higher figure of £100k, making this a very lucrative benefit of the sale. Of course, the new owner will be able to sell this stock to customers whichever price they choose, thereby receiving an especially healthy amount of profit. The buyer will benefit from inheriting the business’s high-quality website, Amazon, and eBay seller platforms and the great reputation that comes with these. Unfortunately, a transitional period is not available, although guidance can be provided on handover

The ideal buyer for doorhandles.co.uk is either someone who is already operating in the door handle and window furniture retail trade who may want an additional route to the market via a high quality e-commerce platform or to sell under a different brand name. With a fantastic selection of stock included and seamlessly integrated ecommerce platforms, the buyer will be primed to expand their business activity and strengthen their position in this industry. Alternatively the company for sale would also be a suitable option for a buyer who is looking for a lifestyle business which they can operate remotely that can generate a very impressive income from day one.

The new owner will also be able to take significant steps toward growing the business further. There are a large number of untapped revenue streams and marketing opportunities to broaden the reach and scope of the business that the current owner has identified, but as yet has not been able to devote the time to exploit them.

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  • Relocatable
  • Home-based
  • Web-based
Rent
N/A
Rates
£0
Lease Term
N/A
Lease Expiry
0
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
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Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
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Number of Employees
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