BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£479,000
Turnover / revenue:
£1,100,000
Net profit / cashflow:
£137,000
Employees / staffing:
A small core team with skills ranging from admin, warehousing, sales, marketing and accountancy currently run the business.
OTHER DETAILS
Reason for selling:
The proprietor wishes to spend more time with family based abroad.
Support and training:
Currently opperating as a sole trader the seller is willing to provide training and support at handover and will work with the new owners to ensure that all suppliers, web domains, payment platforms etc. are smoothly transferred.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
BUSINESS DESCRIPTION
ONLINE RETAILER OF ADULT TOYS
Ref. CO181
Location : Currently based in East Anglia but Fully Relocatable
Asking Price : £479,000 plus SAV
This online business delivers high quality branded adult toys at very low prices. It has a vast data base of ongoing and historic customers. New business enquiries are at an all-time high. The business has built strong and long standing professional relationships with a number of Chinese manufacturers.
Customer Service:
The business prides itself on exemplary customer service. This is borne out by the significant number of positive testimonials featured on the web site.
Key Strengths:
Systems in place to manage anticipated future increases in revenue.
Long standing and very efficient core team of workers.
The largest distributor within the United Kingdom.
Fantastic domain name.
Fully relocatable.
Very strong internet presence.
Exclusivity with manufacturers.
28k twitter followers
Online blog
Expansion Potential
This business has increased trading revenues impressively year on year. It`s currently on target to generate in excess of £1,200,000 in turnover this financial year.
Market / Competition / Non-Competition Agreements
The business currently ONLY spends £250 per day with Google Ad Words.