Premium Tea & Teaware E-Commerce Brand

London
REF: INT1747

Asking Price:
£48,000
Annual Turnover:
£27,904
Annual Net Profit:
TBC
REF: INT1747
Photo of Premium Tea & Teaware E-Commerce Brand
Photo of Premium Tea & Teaware E-Commerce Brand
Photo of Premium Tea & Teaware E-Commerce Brand
Photo of Premium Tea & Teaware E-Commerce Brand

Overview

Tenure:
Relocatable
Established:
2014
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Strong Supplier Relationships

This is a unique opportunity to acquire a successful e-commerce brand, which sells a large selection of teas, teaware, alongside other organic premium products for those passionate about their wellbeing. The business has two websites, one for Switzerland and one for Europe, and is offered on a fully relocatable basis.

The business was first established in 2014 and has grown steadily over the years, whilst also gaining a loyal customer base and an excellent reputation in the online sector.

They specialise in providing their customers with premium teas and modern tea utensils. Since September 2021, they have entered the European market with new product categories and accessories.

The majority of the brand’s customers are located in Switzerland, where the tea market is growing incredibly fast and there is limited competition. The business also benefits from an excellent, reliable reputation, which is enforced by over 100 positive reviews and an average rating of 4.7/5.

The online store primarily sells B2C, but also completes B2B sales. Currently, the average order is £59, with a customer lifetime value of £276.

The business runs on a hands-off management structure, which will enable the new owner to easily take over. With a brilliant social media presence and huge potential for growth, this reputable brand would be the perfect opportunity for someone interested in an e-commerce business.

Excellent reputation and loyal customer base: Customer return rate for 2021 is over 42%

Gross Profit margin of 45%+ on teaware and 80%+ on teas

Please note, if the new owner takes over the business only and NOT the team then the selling price would be £78 000.

This business is offered on a relocatable basis, which should provide the new owner with a great deal of flexibility.

Currently, the tea is kept in a warehouse in Basel, Switzerland, where the loose tea is then packed and sealed in custom-designed packages. When orders arrive, they are fulfilled by the warehouse, ensuring it is a hands-off process for the owner. For all other products, fulfilment is automatic and sent directly from the supplier’s warehouse to the customer.

A large inventory of teas and various tea accessories will be included in the sale, which is worth a resale value of £240,000. Due to the high value of the stock, the new owner will get an instant return on investment. The popular social media pages, the two websites (Swiss and European), and active newsletter of 1,500 subscribers, as well as the customer database of 1,000 customers, will also transfer over with the sale. The business would benefit from having more branding awareness online.

This reputable brand would be the perfect opportunity for someone interested in an e-commerce business. As the business is relocatable, the new owner could live in a wide variety of locations.

There is huge potential for growth with this business, as there is already an expansion strategy in place, which will see the company conquer the European market with a new website and new products. Continued organic SEO work for the Swiss and European sites will also aid in continued growth.

The store has a team of 2 remote workers (a social media manager & an e-commerce manager) with a combined monthly salary of £2K, who continue to expand the company.

The business has two brilliant websites, with the Swiss site ranking very highly on search engines due to organic SEO. It is expected the European site will also rank highly, once SEO work has been finished. The brand has a popular presence on social media, with 15k followers on Instagram (@teaura.co) and 5.5k followers on Facebook.

Features

Key Information

  • List Marketplaces: Etsy
  • Products Sold: Drinks - Other
  • Services Offered: E-commerce

Online Presence

  • Facebook: Yes
  • Instagram: Yes
  • Linkedin: Yes

Website: www.teaura.ch

Location

  • Home Based
  • Office Based
  • City Centre Location
  • Limited Competition

Financial & More

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