Personalised Sock Subscription Service Company

Hampshire
REF: S08178

Asking Price:
£85,000
Annual Turnover:
£100,000
Annual Net Profit:
TBC
REF: S08178

Overview

Tenure:
Relocatable
Established:
2017
  • Excellent reputation
  • Loyal customer base
  • Huge potential for growth
  • Low overhead costs
  • Strong supplier relationships

This is a unique opportunity to acquire a personalised sock subscription service company, which is offered on a relocatable basis. The business was first established in 2017 and has grown steadily ever since its creation, whilst also gaining a loyal customer base and an excellent reputation in the sector.

This subscription service asks their customers to complete a personality quiz, so they can send the very best personalised socks every month. They create unique and stylish sock designs, which suit distinct personality types. Aside from the subscription service, the company also sells a variety of once-off sock gifts.

There are currently 5-6 different styles of socks available each month, but there is huge scope for the new owner to design more. Along with optimising the online presence and raising brand awareness, there is huge potential for growth with this business.

The company already has around 1,200 clients, who take out monthly subscriptions. They also have a database of 11,000 subscribers to their regular email newsletters, so there should be plenty of trade for the new owner.

The business has strong relationships in place with the suppliers of their quality socks, which could normally be hard to attain. With low overhead costs, this would be the perfect opportunity for someone looking to acquire an eCommerce business.

As this business is a confidential sale, we require you to complete a non-disclosure agreement (NDA) to access further information

Please complete your details and we will be in touch

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