Total of 18659 firms and businesses for sale today Saturday 11th May 2024
Sold. Sportswear Business For Sale
LISTING DETAILS
Firms For Sale ID:
33565
Vendor reference:
AB226
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000
Turnover / revenue:
£330,000
Net profit / cashflow:
Undisclosed
Number of employees:
2
Employees / staffing:
The vendors have gone to great lengths to put systems in place to keep overheads low and consequently, in addition, to one of the shareholders there are two employees.
One full-time employee works as a general assistant dealing with pick/packing, data management and general administration. The second employee is a part-time Digital Marketing Executive who manages all the online marketing activities.
OTHER DETAILS
Reason for selling:
Going back into corporate full-time role
Support and training:
Vendors will provide a comprehensive handover period to ensure a seamless transition and continuity of trading, this should be relatively straight forward based on the current business model.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Internet/Online Specialist Ladies Sports Retailer Sports bras and sports wear
Superb Highly Valued Search Engine Listings
Ref.AB226
Location Relocatable
Asking Price GBP 150,000
This reputable and now well established independent business specialises in the online retail of womens sports bras and sports wear. The business stocks and supplies a very wide choice of such products from a broad range of market leading manufacturers, so much so that it is regarded as the largest specialist supplier in the UK.
The majority of sales to date have been within the UK market (said to be worth up to GBP 40 Million p.a. ) however the business also supplies customers worldwide and this is an ongoing opportunity to a new owner. Typical customer profile this business serves are geneally the A-B-C1 females with relatively high net worths. Typical order values are circa GBP 40+. The company has a database of some 41,000 historical customers.
All revenues are generated by online sales via its own very impressive website that the company has recently renewed on an industry standard platform, so much so that it enjoys highly valuable organic listings for many many key terms within the major internet search engines. Items are delivered utilising a third party delivery service. The company experiences very low return rates.
The owners have implemented indusrty standard systems that run the business taking control of everything from the website, order processing, payments, stock control, live returns, live orders etc so much so that they even have direct links to the manufacturers websites that ensures excellent supply chain management. This system can also be accessed remotely so the owners are able to view and monitor activity as and when required. This ensures they are not required to physically be invloved in the business on a day to day basis.
This also means the business is totally portable and scaleable. Its customer base, and supply chain for that matter, has grown year on year. The business enjoys very high retention levels and repeat business. It has low fixed costs and is simple to run. All sales are retail which ensures the business enjoys good levels of profitability. The business is starting to expand into other channels and has taken on its first thrid party distribution arrangement and is in discussions with a US company for the exclusive UK distribution rights for brand new products.
The business model has been put in place. It is ripe for a new owner to utilise the superb and highly valuable positioning this company has developed both online and in the market though its relationships with in demand market leading manufacturers , to either bolt on to an existing operation or for a new owner to scale up the business to maximise the many opportunities already at its disposal.