Popular Lingerie E-commerce Website

Eye, Suffolk
REF: 03381

Asking Price:
£159,950
Annual Turnover:
£161,257
Annual Net Profit:
£45,249
Recently Sold
REF: 03381
Photo of Popular Lingerie E-commerce Website

Overview

Tenure:
Relocatable
Established:
2002
  • Wide product range
  • Relocatable business
  • Large customer base
  • E-commerce website
  • Potential for growth

This is a well established business, which has garnered a stellar reputation as a top quality provider of lingerie and corsetry since it began trading in 2002.

Having amassed a large customer base, the business offers an extensive range of products, catering for women of all sizes.

Through maintaining low overheads, it has generated a strong annual turnover and the business has grown consistently year on year.
A lucrative opportunity for a new buyer, this business presents huge scope for further development.

Selling a wide selection of high quality womens lingerie, the business stocks a variety of different styles which include classic bras, corselets, suspender belts as well as bridal wear and much more. It is also popular for retailing an assortment of plus size bras and underwear. The business wholesales its products to small independent and high street shops across the UK.

The online store is well designed with a user-friendly interface, which allows for easy navigation and includes a number of tabs and sections to neatly and efficiently showcase its produce. Operating a 24/7 model, the online website allows orders to be made at any time and the business guarantees a prompt delivery service.
Users can also make their own account to track their orders and easily re-order products conveniently.

Having grown organically through word of mouth recommendations and via the website, the business is also present on Facebook, Twitter and Pinterest which helps attract further footfall.

Intelligent Business Transfer are delighted to offer for sale a successful and well-established business which has cemented a strong reputation since it began trading 14 years ago.

Founded in 2002, the business has gone from strength to strength and has acquired a large number of customers from across the UK, who last year helped it generate an annual turnover in excess of £160,000, with healthy profit margins.
Such a company has enormous potential which can be utilised by a new buyer. For instance, increasing the product range to contain new designs would appeal to more potential customers. Establishing strong relationships with boutiques and independent retailers to supply them produce, would present a new revenue stream and a new owner could guarantee repeat patronage.

As well as this, endorsing the business through more social media could attract more customers and would present the ideal platform for the business to increase exposure and raise awareness of any special deals and promotions on offer.

With strong turnover, low overheads and a strong existing client base, this business would be ideal for a first time buyer looking to step in and continue running operations with little effort or an existing owner looking for a bolt-on opportunity.

Intelligent Business Transfer are searching for a suitable buyer and the vendor is willing to stay on to aid the transition on a negotiable time period.

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