Well-Established Retailer of Giftware & Corporate Accessories

Harleston, Norfolk
REF: S07003

Asking Price:
£89,999
Annual Turnover:
£167,107
Annual Net Profit:
£48,353
REF: S07003

Overview

Tenure:
Relocatable
Established:
2004
  • Minimal Competition and Overheads
  • OS Commerce Retail & Wholesale Database
  • Vendor willing to cover the cost of relocating within the UK
  • Full Training Given (No Prior Engraving Experience Required)
  • Hand Over Period Available By Owner

The business for sale is a specialist retailer of giftware and corporate accessories.

Established in 2004, the company has built up a global online presence, operating from newly constructed websites for retail and trade. Their core focus is providing personalised and unique gifts for every occasion, using both a Drop Ship model and posting orders directly from their studio.

The current vendor operates from a studio and is seeking to relocate. So far, the business has been obtained on passive part time management, resulting in high turnover and vast potential for further growth.

The vendor is willing to cover the cost of relocating within the UK and will provide full engraving training, making this a highly prized and convenient business purchase.

Currently, the owner works from home in the UK where 70% of their clients are based, and the other 30% are worldwide.

As a Top-Rated Global eBay Seller, the business exceeds 740,000 SKU. On Amazon, global listings exceed 500,000 with an average customer review score of 4.9 out of 5-Stars. The corporate giftware sector of the business attracts repeat bulk orders for branded promotional items. Additionally, the firm is licensed to market and sell official regalia giftware for the Ministry of Defence.

The website caters for every occasion, gifts for him/her, general giftware, military gifts and the family coat of arms products. They also sell other products such as tie clips, lighters etc. Virtually anything with a flat surface can be personalised, and the highly professional team are on hand to help with any enquires.

The current owner is willing to offer a transitional period to ensure a smooth handover of business operations.

This is a rare opportunity to acquire a unique e-commerce business with an extensive product range, loyal clientele and impressive financial figures. It would suit an existing online retailer looking for a bolt-on acquisition.

For further growth, the new owner could increase advertising online, building upon the company’s strong positive and vibrant reputation for service and originality. They could also proactively approach other department stores or commercial companies.

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  • Relocatable
  • Home-based
  • Minimal competition
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EPC
This business does not require an EPC

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