* Included in Asking Price
Well Branded Online Sports Equipment Retailer
Location Fully relocatable
Asking price: £400,000 +SAV
Asking price includes:
Turnover circa £970,000 per annum
Gross Profit circa £291,000
Net profit circa £85,000
Adjusted EBITDA circa £196,000
Stock at valuation (SAV) circa £107,000
Private client base of circa 12,000 plus
Great profit margins
Established in 2008, this successful business is an online retailer of a wide range of well branded, popular, in demand sports equipment, including Power Towers; Running Machines, Vibration Plates and Spray Tan Tents etc. The good are imported from the Far East and excellent trade relations have been established to create a constant supply chain.
The business has its own detailed website plus a well-established E-bay retail store. The Amazon Store has now been launched and projects to rival the E-bay store. Product ranges are offered with significant savings compared to high streets retailers and the business has gained a reputation for good quality products at competitive prices.
There is approximately a 12,000 plus active private client base with many excellent reviews.
The business is easy to manage and maintain with in-house fulfilment and offers plenty of growth and expansion possibilities as well as being easily relocatable.
|Facilities:||A fulfilment company has now been appointed at a cost of circa £8,000 per annum saving the company £32,000.|
|Competition:||The market outlook for this business sector is constant, the business has an excellent website and E-bay shop and holds very high quality standards. All this can be added to however, to attract even more business especially by embracing social media as previously mentioned.|
|Growth Potential:||A new owner could increase awareness and increase sales and profits with the introduction of a cross marketing program to the 12,000+ active client base.
The high quality product range supplied could be expanded on as currently a fairly limited selection is on offer. There is the possibility of increasing the offering to customers, this would be a simple process as the contact manufacturer, already used in the Far East, has a whole selection of additional products available.
Also start marketing through Amazon, which could only enhance the current well established E-bay shop. More attention should be paid to embracing popular social media as well such as Twitter, Facebook, and Instagram.|
|Training/Support:||The owner will provide full support and training over a period of time to be decided, if required.|
|Sale Reason:||The vendor wishes to emigrate once the business is sold.|
Seller Reference #AB233
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