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Flower Online E-Commerce Business In Wakefield For Sale

Wakefield, West Yorkshire, UK
Asking Price:
£230,000
Turnover:
£355,000
Net Profit:
£72,900

A 25% annual growth rate for the last two years, which is very promising coming off the back of COVID sales,. The business holds the potential for further expansion in France and other European countries. Currently, it operates entirely hands-off and is fulfilled by our supplier. It requires only 2–3 hours per week to manage monthly tasks and payments. Alternatively, it can be viewed as an opportunity to invest more effort in the company to support growth.

Established in 2003 as a family-run business, the company was taken over in May 2022 by the technology-focused children of the family. They initiated a rebranding process and overhauled the website to position it for growth.

The business is fully automated, with a single supplier in the UK who handles all the orders. The business takes around 1-2 hours per week, maximum; however, more efforts can be applied to scale it further.

With over 39,000 customers to date, a robust returning customer rate exceeding 45%, and a website conversion rate of over 9% in the last 12 months, our business is on a promising trajectory.

Business Operation

Expansion Potential:

Expansion into France could potentially be the next steps for the company.

Reasons for selling:

New brick and motor venture

Employees:
1
Years established:
2003

Other Information

Support & training:

2 months training / after support.

Financing available:

Split payment available (70%+ upfront), however cash buyers will be prioritised.

Home based:
This business can be run from home.
Relocatable:
This business can be relocated.