Reputable & Relocatable Online Beeswax Wrap Store

London, London

REF: R08055

Asking Price:
£49,995

Annual Turnover:
£59,865

Annual Net Profit:
£28,000

REF: R08055

Photo of Reputable & Relocatable Online Beeswax Wrap Store

Overview

Tenure:
Relocatable

Established:
2019

Excellent reputation and loyal customer base
Huge potential for growth
Equipment included
Low overhead costs
Wide variety of products
Strong supplier relationships

The business for sale is a reputable and relocatable online beeswax wrap store. Established in 2019, the business has grown significantly under the current ownership and has gained an excellent reputation and a loyal customer base in the sector. The company has found success with custom orders for the following clients: V&A Museum, Southbank Centre, Muscular Dystrophy Charity, Arcotel. The store focuses on offering a natural, reusable, eco-friendly alternative to plastic and cling film, in the form of handmade beeswax wraps, which are made with love in London. They sell a wide variety of products, including candle rolling kits, organic nut milk bags, DIY beeswax wrap kits, and various beeswax wraps.

The company has an excellent website and successful Facebook page, which has amassed several 5-star reviews. This is a testament to the company’s fantastic customer service and established online presence. The business even has excellent relationships in place with the suppliers of their quality products, which could be hard to attain for a new buyer. All the equipment required to produce the product range will be included in the price, meaning the new owner can get to work straight away.

There is huge potential for growth with this business, as there is a massive opportunity to develop the company’s advertising efforts and expand on the current client base. With low overhead costs, this business would be the perfect opportunity for someone with a sustainable future mindset.

This business is home-based and fully relocatable, which should give the new owner a great deal of flexibility over their work location.

All equipment required to produce the product range is included in the business sale, meaning the new owner can get to work straight away.

A time-limited handover period can be negotiated with the current owners.

This is the ideal opportunity for someone with a passion for a sustainable future.

There is huge potential for growth with this business, as there many different avenues to explore for future possible revenue streams. First of all, expanding on the marketing and sales efforts, by reaching out to retailers, running targeted campaigns, attending trade shows, launching pop up shops, and updating the website could all be great ways to attract more custom. Expanding the product offering and client base, by completing corporate custom orders, increasing the national and international clientele, and building on existing relationships could also be beneficial. Finally, updating the product packaging could be a great move too.