Relocatable Online Candle Retailer for Sale
£50,000
£50,000
£25,000
Overview
Relocatable
2004
- Excellent Reputation
- Very Loyal Customer Base
- Low Overheads
- Strong Supplier Relationships
This is a great opportunity to purchase a candle retailer offering unique and highly desirable candles with high profit margins – this business is offered on a fully relocatable basis.
This popular lifestyle business sells unique multi-wick candles in quality bowls – 60% are sold online through the vendor’s own website and 40% are sold during the Spirit of Christmas trade show in London. There is tremendous potential to grow the business through other shows and events throughout the country.
First established in 2004, the company has built a very loyal customer following with a database of 2000 people and 5000 followers on Instagram with an enviable social media presence. Over the past 12 months, little effort has been put into this so there is much potential for improvement.
They also have high rates of repeat customers due to their great reputation and affluent client bank.
This business has unique designs and completes all online sales through its Shopify website and would be a great acquisition for an individual interested in the home décor industry.
Offered on a relocatable basis, the business runs successfully from an established Shopify website, alongside a fulfillment centre used for all storage and distribution of stock.
The suppliers of candles are based in Devon, with the bowl suppliers being in Portugal.
This lifestyle candle business possesses substantial growth potential through various avenues, including an increased focus on online marketing, the expansion of sales channels onto platforms like Amazon and Etsy, diversification of the product range, strategic investments in candle-making machinery to bolster profit margins, the reintroduction of craft fairs as a sales strategy post-COVID, and the possibility of operating as a wholesale stockist for arts and crafts-related gift shops.
They used to do a lot of fairs before COVID, but now the business only attends one which accounts for 40% of sales - making an increased effort to attend such fairs would boost profits and could be highly beneficial.
These strategies collectively underscore the remarkable opportunities for expansion and increased profitability within this candle business.
Features
Key Information
- Products Sold: Homeware
Reputation
- Google: 3.5
Online Presence
- Instagram: Yes
Location
- Home Based
- Limited Competition