* Included in Asking Price
Very Profitable “Online” Paper/Tyvek Wristband Company
Confidentially offered for sale
Asking Price:£500,000 plus stock at valuation
Offers in Excess of £500,000 plus stock at valuation
Asking price includes:
Hugely impressive growth pattern
Turnover for current financial year circa £680,000 per annum
Gross Profits in excess of circa £450,000 p.a. (72%)
Net Profits circa £330,000 p.a. (50%)
Circa 40% repeat business
B2B and Retail Sales
Very low fixed overheads
Highly scalable business model
Superb interactive website
Market leading supply partners
Huge customer base
A fantastic opportunity to aquire a young and dynamic e-commerce business. The business has been built using a highly efficientand low cost business model that is generating very impressive sales and profitability figures in a growing marketplace.This reputable and now established independent business specialises in the online supply of a range of standard and custom print tyvek paper wristbands to both the B2B/commercial/trade market and to the retail market.
The business stocks and supplies tyvek wristbands in differing colours and widths.The majority of orders for both plain and custom printed wristbands are dispatched the same day. The company usesspecialist printing equipment that enables it to provide quality customised and printed wristbands in both large and small batches, again with very impressive turnarounds. At present circa 45% sales are for plain wristbands, circa 55% are for customised items. The company has 10 printing unit that can easily print out in excess of 200,000 wristbands in 24 hours. For the year ending April 2014 the company has sold 14,000,000 wristbands.
In a relatively short period of time this company has postioned itself as one of the leading brands and suppliers of high quality tyvek paper wristbands in the UK. These products are the ideal solution for parties and events of any size due to their tear and tamper-proof qualities, as well as being waterproof and durable.The company has spent a considerable amount of time researching and sourcing the best supply partners and now has in place an excellent chain of suppliers that enables it totrade so successfully.
All sales are generated online through the business’s own impressive website and via other 3rd party portals. 75% of the business is direct through their own website. Typically the company handles between 100-200 orders per day. Customers are able to order (and design their own wristbands should they so require) simply and easily online with all pricing and delivery clearly shown. It is this transparency and ease of ordering that has fuelled the business success to date, not to mention the brands strength, competitive prices and product quality.
The fact that this is a truly online business means it is totally portable and scaleable. The company’s customer base has grown year on year andenjoys very impressive levels of profitability. The business experienceshigh retention levels and repeat business plus low fixed costs and is simple to run.
The business model has been put in place and is ripe for a new owner to utilise the superb and highly valuable positioning and branding this company has developed online, 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.
|Facilities:||There are no premises associated with the sale as the business is run from a home office environment. It is truly portable.|
|Competition:||All marketing is currently internet based and significant amount of resources have been put into this which has and will continue to benefit the company going forwards.|
|Growth Potential:||The company has access to further product ranges and could easily expand its product offering to incorporate more products and services. The brand itself is strong and growing day by day, with every new customer the business attracts growth rates will increase automatically.
The business could also achieve significant growth by selling other forms of wristbands (vinyl, leisure, RFID, silicone, fabric, mixed materialsetc. as well as lanyards).This is something the vendor is already looking into as the business does miss out on some sales of tyvek wristbands,when customers require a mix of wristbands in differing materials.
The business is ripe for expansion and could be scaled up to maximise these growth opportunities.It is currently achieving these highly impressive sales and profitability figures trading from a home office environment!
The business gathers 10-15,000 new email addresses each year through new sales and this captive market is a huge potential source of growth moving forward.|
|Training/Support:||The vendor is happy to provide full training and support at handover to ensure a seamlesstransition of ownership. This should be a relatively simple process as this is a true e-commerce business and the model is in place and simple to understand.|
|Sale Reason:||Personal reasons. The vendor wishes to spend more time with family.|
Seller Reference #AB225
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