Ecommerce Electronics Retailing Business for Sale in Nottingham

Nottinghamshire
REF: INT3056

Asking Price:
£125,000
Annual Turnover:
£942,186
Annual Net Profit:
£116,996
REF: INT3056

Overview

Tenure:
Relocatable
Established:
1980
  • Excellent Reputation
  • Huge Growth Potential
  • Low Overheads
  • Wide Variety of Products & Services

Introducing an unparalleled franchise opportunity in the booming world of e-commerce electronics retailing. With a proven track record dating back to the 1980s, has evolved into a household name synonymous with high-quality hifi, TVs, headphones, speakers, and a plethora of other electronics-related products and accessories.

Under the stewardship of the current vendor since 2018, the business has undergone a strategic transformation, focusing primarily on e-commerce sales through prominent platforms such as Amazon and eBay, which collectively account for 60% of revenue. The remaining 40% is generated through the company's own e-commerce platform.

As a franchisee, the buyer will benefit from an extensive database of over 400,000 loyal customers, cultivated over decades of exceptional service and unparalleled product offerings. They will enjoy the advantages of being an authorised dealer for numerous major electronics brands, leveraging this business's esteemed reputation and long-standing relationships within the industry.

This business has over 5,000 reviews and 4.3 stars on TripAdvisor highlighting its stellar reputation. The customer base spans across diverse demographics, with a particular concentration in areas historically associated with its high street presence, including London, Birmingham, Manchester, Nottingham, Derby, and Lincoln. While the vast majority of sales occur online, the franchise model allows for localised engagement and potential expansion into new territories.

The new owner would benefit from the historic & current comprehensive marketing conducted, including an opportunity for the owner to continue the well-established promotion on Amazon and eBay, robust SEO strategies, and engaging social media campaigns directing traffic to the website.

Whether you're a seasoned entrepreneur or a budding investor, this business offers the ideal platform to capitalise on the ever-expanding demand for high-quality electronics products.

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