Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Specialist Sports Retail E-commerce Website
LISTING DETAILS
Firms For Sale ID:
33408
Vendor reference:
AE046
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000
Turnover / revenue:
£400,000
Net profit / cashflow:
£62,000
Years established:
6
Number of employees:
2
Employees / staffing:
The vendors are a husband and wife team. The wife works part-time doing the accounts and the husband manages the website, the business and fulfils the orders.
OTHER DETAILS
Reason for selling:
The vendors wish to pursue other interests.
Support and training:
Support and training will be provided to ensure smooth transition of ownership.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Specialist Sports Retail E-Commerce Website
Niche Cycling Sector
Ref.AE046
Location On-Line Retailer
Asking Price GBP 150,000
This company operates a highly successful international sports e-commerce website specialising in one sector of the hugely lucrative and increasingly popular cycling e-tailing industry.
The website is very well known in its field and has been operating for 5-6 years. It sells everything from bicycles to frames, helmets, cycle accessories, parts and clothing.
In order to maintain the site profile the business operates a Q&A section on its website and regularly emails its customers with newsletters and offers. The site has circa 10,000 social media followers.
Traffic is generated from the sites profile in its particular market niche, word of mouth, Google adwords and some limited SEO.
The business has close relationships with a number of well-known national and international suppliers. As a result of its buying power together with the strength of the business relationship with suppliers is able to obtain preferential prices to that of its competitors.
Sales are spread around the world with approximately 60% of sales in the UK. A diverse international customer base makes up the remainder with an especially strong showing in North America and Australasia.
Orders are taken on-line and processed when the payment is received. Once an order is received the stock item is then ordered by the company from the supplier, received, re-packed and then shipped out to the customer. As a consequence stock and credit risk are minimal.
Expansion Potential
Cycling is increasingly popular, and in particular this sector of the sport has dramatically grown in public awareness. This is a marvellous opportunity for an individual or an existing company to develop and expand on an excellent foundation within its niche area or to develop with further investment and expand into other appropriate sports sectors.