Yorkshire-Themed Hamper Supplier

Brough, East Yorkshire
REF: R07689

Asking Price:
£29,500
Annual Turnover:
£52,798
Annual Net Profit:
£16,613
Recently Sold
REF: R07689
Photo of Yorkshire-Themed Hamper Supplier

Overview

Tenure:
Relocatable
Established:
2015
  • Excellent reputation and loyal customer base
  • Huge growth opportunity and low overheads
  • Consistently profitable
  • Yorkshire sourced produce
  • Strong relationships with suppliers and secure contracts in place

The business for sale is an independent, family-run business that prides itself in creating hampers using a selection of Yorkshire's finest produce.

The idea for the business came about after annually receiving a commercial hamper and then being disappointed on discovering the most peculiar products, that would be left unopened.

Since opening in 2015 the business has been profitable each year and has seen significant growth. The financial figures shown are an average of the previous 3 financial years, highlighting that the existing turnover and profits are sustainable and this continues into the current financial year.

Turnover is generated through a mixture of sales to corporate clients (70%) and to the public (30%) via an ecommerce site. The business has a very high customer retention rate.

On the supplier side the business has very strong relationships with over 30 award winning suppliers. They are proud to support these Yorkshire businesses by incorporating their award-winning products into their hampers.

The business has a large loyal following on Facebook and Twitter, which allows the business to easily market new ideas.

The business benefits from being fully relocatable as it is currently operated from purpose-built lodge at the owner’s home. This gives the buyer full flexibility on how and where they choose to conduct business operations.

The company possesses a high quality and user-friendly website, which portrays the business’s warm but professional ethos. The site’s online shop allows any individual to browse the current hamper options and immediately make a purchase. Each product page provides a photograph and clear description with a contents list, making it easy for consumers to choose the perfect hamper for their recipient. Customers can also contact the owner directly to discuss their corporate gift requirements, which makes the company a popular corporate choice for sales incentives, Christmas gifts, promotions, leaving presents, and customer relations.

A transitional period is available where required, the requirements of which will be discussed during negotiations.

This is an excellent opportunity for a buyer who already possesses a food business where their existing facilities can be used to complement the hamper business, hence increasing overall profitability through shared fixed costs and economies of scale. Equally the business would suit a new buyer who would like to buy an established business and grow it to the next level through expansion and marketing. With great supplier relations and high customer retention already in place, the buyer could easily incorporate the company into their offering. Despite significant success so far, the business could be grown further through expanding the marketing and advertising strategy to increase brand awareness. Additionally, there are other strategic opportunities open to the business such as expanding the “Hampers@Home” sales channel into new areas, or expanding the brand into other regional areas.

Features

Online Presence

Website: www.yorkshiresfinesthampers.com

Location

Loading...
  • Relocatable
  • Home-based
  • No local competition

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

Refine

Miles
£
£
£
£
Timed popup