Fantastic E-Commerce Accessories Business for Sale

Great Yarmouth, Norfolk
REF: INT2550

Asking Price:
£125,000
Annual Turnover:
£137,251
Annual Net Profit:
£60,689
REF: INT2550
Photo of Fantastic E-Commerce Accessories Business for Sale
Photo of Fantastic E-Commerce Accessories Business for Sale
Photo of Fantastic E-Commerce Accessories Business for Sale
Photo of Fantastic E-Commerce Accessories Business for Sale

Overview

Tenure:
Relocatable
Established:
2009
  • Excellent Reputation
  • Friendly & Professional Team
  • Huge Growth Potential
  • Well Equipped Business
  • Wide Variety of Products & Services

Now on the market is a fantastic accessories business for sale – offering a variety of items including badges, keyrings, cufflinks, tie clips, iron-on patches and more.

The business sells via 2 main channels the first being via an e-commerce platform on their own website which has been running since 2009 and has made a profit every year of its existence including during the pandemic and has two domain names.
Most of the sales however come in via a wide range of long standing customers who order direct via email, phone, text and post. The existing customer base includes but is not limited to corporates, the NHS, gift shops, market traders, schools, Amazon, ebay and etsy sellers plus individuals / companies who sell at specific events like airshows, tractor fairs, and scooter rallies etc as well as to other wholesalers.

Their impressive product range offers a wide range of products including a large range of pin badges as well a keyrings, cufflinks, tie clips iorn on patches etc.
the company works directly with the factories that manufacture the products and the company owns the moulds for the vast majority of the items it sells ( the moulds represent the majority of the asset value) – creating a wide customer base and high potential for expansion.

The business operates online from the current owners residential property in Great Yarmouth which is not included in the sale unless the buyer specifically wants to purchase at an additional market-value cost. but being an online business with no physical presents it can be moved anywhere in the country while maintaining its current large customer base.

Included within the sale is the online store which is easily accessible and has fees paid until April 2024, as well as 2 domains and an email account. Currently, the owner-operator is the only member of staff, however, this could potentially be expanded and developed into a full team.

a large stock of existing designs ( around 250,000 stock items) as well as assets including the moulds for the designs and a good quantity of picking racks, storage boxes and other assets will be included on top of the asking price- a full list is available upon request.

This business is one ready for expansion the current owner has built this business from nothing with virtual no advertising in the almost 15 years of its existence – its e-commerce site has great potential and is easily accessible, therefore, alongside PPC and SEO campaigns, it would drive even more revenue.

Hiring additional members of staff to drive the company forward could also be beneficial, with the business not having much of a social presence ad the scope to build a community on Facebook and Instagram as well as possible opening Facebook, Instagram or ticktock shops

like most businesses profit has been lower the last couple of years due to the pandemic but is on course to bounce back to a higher profit level this financial year than that achieved before the pandemic. Also since the start of the pandemic the current owner has had international sales turn off in the online shop which previously provided around 10% of sales so just restarting that would be an instant growth path

Features

Key Information

  • Sells Online: Yes
  • List Marketplaces: Facebook Marketplace, Google Shopping
  • Products Sold: Jewellery, Other

Reputation

  • Google: 5

Online Presence

  • Facebook: Yes
  • Instagram: Yes

Location

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  • Home Based

Financial & More

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