Successful & Well Established Online Sock Subscription Business

Hampshire
REF: INT2188

Asking Price:
£140,000
Annual Turnover:
£100,000
Annual Net Profit:
TBC
REF: INT2188
Photo of Successful & Well Established Online Sock Subscription Business
Photo of Successful & Well Established Online Sock Subscription Business
Photo of Successful & Well Established Online Sock Subscription Business
Photo of Successful & Well Established Online Sock Subscription Business

Overview

Tenure:
Relocatable
Established:
2017
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Strong Supplier Relationships

Now on the market is an excellent and successful online business offering a fun and unique sock subscription service. This sale is inclusive of stock with an approximate value of £70,000.

First established in 2017, the business has experienced steady, consistent growth since its inception. Now, with a large and loyal customer base in place, the business has successfully sold over £500,000 worth of its fantastic products.

Now the UK’s premier sock subscription service, the business boasts hundreds of positive customer reviews – praising both product quality and customer service. They have even been featured in a number of prominent lifestyle publications and TV shows (including ITV’s This Morning).

Keen to bring fun to the forefront of their shopping experience, every customer has to complete a personality quiz, ensuring their subscription is personalised towards their likes and dislikes every month.

The business specialises in creating unique and stylish sock designs, which suit distinct personality types. Customers won’t know what design is arriving until it lands on their doorstep, creating a fun surprise every month. Alongside their subscription service, the company also sells a variety of once-off sock gifts.

Offered on a fully relocatable basis.

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

The website, which has only recently been updated and redone by the owner, as well as its social media pages, and client database will all be transferred over to the new owner along with the business sale.

The current owners are happy to offer a business handover, in order to ensure a smooth and efficient transition.

The business has strong relationships in place with the suppliers of their quality socks, which could normally be hard to attain. With low overhead costs, this would be the perfect opportunity for someone looking to acquire an e-commerce business and scale the business.

As a popular subscription box provider, the sock subscription is well-positioned within the market to benefit from further development under the impetus of new ownership.

This business would be the ideal opportunity for anyone looking to acquire an online business or someone with an interest in subscription services. There is massive scope for growth, meaning it would work perfectly as a partnership opportunity.

The business already has a brilliant organic following on social media and shops on third-party platforms like NotOnTheHighStreet eBay. Implementing further marketing strategies may boost brand visibility and encourage further business development.

Features

Online Presence

Website: www.sockgeeks.co.uk

Location

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  • Home Based
  • Office Based
  • Limited Competition

Financial & More

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Current Ownership
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