Asking Price: £325,000 Inc Stock at Valuation (value of the stock is £40,000)
Leading eCommerce Supplier of Furniture Parts, Glides, Pads, Sliders, Tube Inserts, Adjustable Feet and Floor Protectors
We are pleased to present an exciting opportunity to acquire a well-established and profitable online retailer that supplies quality furniture accessories used in most homes, Restaurants, Schools, Hotels etc. The Business has come to market as part of the owner's retirement plans.
With steady growth over the last five years, the Business has become a leader in its space, generating revenues through direct-to-consumer sales on its website and various third-party marketplaces, including Amazon, eBay, ETSY, and more.
The Business has demonstrated strong sales, with a turnover of over £375,000 and a gross profit above £195,000.
99% of products are sourced and made in Europe (Germany & Sweden) and stocked in the United Kingdom for prompt Nationwide and International delivery.
As a family-run business, they pride themselves on their customer service. Ensuring every one of their customers has an excellent shopping experience. The company logo is a registered brand, and the domain name is registered.
Business Growth.
The company consistently observes an upward trend in sales whenever it introduces new products on both its website and various online marketplaces.
The company is an established Amazon Seller Fulfilled Prime seller on Amazon UK and holds active registrations to operate on various other Amazon marketplaces, including FR, DE, ES, IT, BE, NL, PL, SE, US, CA, and UAE. While the business currently experiences sales traction across international Amazon platforms, there exists an opportunity to strategically enhance and elevate these sales figures for greater growth potential.
In addition to its presence on Amazon, the company also leverages other prominent platforms like eBay and Etsy to conduct sales across the UK, Europe, USA, and Canada. Furthermore, the business has initiated an account on Wayfair, a marketplace with promising potential. With dedicated efforts towards crafting comprehensive listings and strategic advertising, Wayfair holds the promise of becoming an advantageous avenue for the business, given the complementary nature of its offerings to the products available on the platform.
The company has gained approval for selling within the B&Q marketplace, although active trading has not yet commenced. The significance of B&Q's customer base is notable, and the company's distinct, superior-quality products offer a unique value proposition compared to the existing B&Q product range.
This underscores a clear demand for the company's products, providing a compelling choice for DIY enthusiasts, businesses, and tradespeople seeking to invest in higher-quality offerings.
Business Overview:
The Business has been trading since 1999; it was initially set up as an import-export business, then transitioned into a company supplying furniture to the hospitality industry, then, in 2015, started selling furniture parts online.
Unique selling points and competitive advantages.
The Business sources quality products. 99% of the products are made in Germany and are quality checked. Orders are dispatched using Royal Mail 24 service or another next day service. Fast dispatch is important so the customer receives their order quickly.
The Business takes great pride in its customer service, which has proved very beneficial as we receive excellent feedback and repeat purchases and recommendations.
