Leading Online Magic Store

Tadley, Hamsphire
REF: INT1871

Asking Price:
£25,000
Annual Turnover:
£86,000
Annual Net Profit:
£15,247
REF: INT1871
Photo of Leading Online Magic Store

Overview

Tenure:
Relocatable
Established:
2003
  • Excellent Reputation
  • Huge Growth Potential
  • Low Overheads
  • Strong Supplier Relationships

We are delighted to welcome to the market this fantastic opportunity to acquire a leading online magic store, which is offered on a fully relocatable basis.

The business was first established in 2003 and has grown considerably since its creation, becoming one of the largest online magic stores in the world. Over the years, the business has gained a loyal, repeat customer base and has built up a brilliant reputation for their high-quality products.

This company caters to all magicians, from those just starting out, to those that are seasoned professionals. They prioritise providing a wide range of products so there is something for all types of magicians with different interests. They sell tricks, DVDs, playing cards, books, and much more.

Currently, the majority of the company’s sales come through their Amazon store, with 20% of sales also generated on their successful website. Previously, the business has also sold through eBay and Amazon Europe, so there is huge scope to re-establish these sales avenues.

The company doesn’t carry any stock, so once a customer makes a purchase, the company orders the items and then sends them on to the consumers. It’s worth noting that the business only has one competitor on Amazon, therefore, there should be plenty of trade for the new owner.

With huge potential for growth and strong supplier relationships in place, this thriving magic company would be perfect for anyone who has experience running an online business.

The business is currently run from home and is offered on a fully relocatable basis, which should provide the new owner with a great deal of flexibility over their work location.

This business benefits from low overhead costs, so there should be consistently high-profit margins for the new owner.

Over the years, the business has forged strong supplier relationships with the suppliers of their quality magic products, which could normally be hard to attain for a new business.

The website, Facebook page, and client database will be included in the sale. Potentially, there may be difficulties transferring the Amazon account, so the new owner may need to set up their own.

The current owner is happy to offer an initial transitional period, to ensure there is a smooth and efficient business handover.

This thriving magic store would be the perfect opportunity for anyone who has experience running an online business. Knowledge of the magic industry may be beneficial, but is not at all necessary.

There is huge potential for growth with this business, as there is a massive opportunity to restart selling through eBay and Amazon Europe.

Furthermore, the new owner could opt to attend magic conventions, as this could be a brilliant source of potential income.

The business has a long-standing and excellent reputation, which the new owner can easily build upon.

The company already has a brilliant, easy-to-use website, which ranks very well on Google. In addition to this, there is a popular Facebook page, which acts as a great sales window for the business.

Features

Key Information

  • List Marketplaces: Amazon
  • Products Sold: Other

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes

Website: www.freepostmagic.co.uk/

Location

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  • Home Based

Financial & More

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