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Handbag Retailer For Sale

Greater London, London, UK
Asking Price:
£199,995
Turnover:
£148,597
Net Profit:
Available on request

CoGoGo are happy to welcome to the market Charlotte Elizabeth (CE) Limited, a UK based business that specialises in luxury leather handbags.

The business was first established by our client in 2018, building up an excellent reputation and regular customer base not only in the UK but also Internationally.

Charlotte Elizabeth (CE) Limited has now come to the open market due to our clients desire to focus on other business interests.

Soon after the companies growth expanded organically, and within the first two years of trading, Charlotte Elizabeth (CE) Limited had sold to 70+ countries; a remarkable feat for a young home-built company. To this day, our client continues as the designer of Charlotte Elizabeth’s pieces.

Made to last, the business ensures they use high quality leathers and materials, sourcing with care and responsibility in mind. They have selected the leather used in The Core Collection from a partner awarded ‘Gold’ from the Leather Working Group, the ​​world's leading environmental certification for the leather manufacturing industry.

To further extend their handbags lifespans, the gold accent curved bar placed on the point of opening the handbags has been crafted using solid brass, crafted by skilled ironmongers in Spain, for its durability.

The business also takes measured steps to make sure the packaging is as low impact as possible. All of their leather goods come with a fully biodegradable, 100% cotton dust bag.

All their additional packaging elements, including the cardboard box, stickers, tissue paper and leaflets are 100% recyclable. The boxes are made from recycled cardboard and are also fully recyclable, along with the stickers and tissue paper, which are FSC certified and use soy-based inks.

They were delighted to see Queen Camilla wearing one of their Mayflower style on the State Visit to France.

Key selling points

High quality and environmentally friendly materials used
Designer brands
Hand over period offered

Scope for further growth -

Increase advertising and marketing

Financial Profile

We are advised as per the 2020 accounts, the business generated a turnover in the region of £150,000. Further financials can be made available upon request.

Property Information

Location:

Charlotte Elizabeth (CE) Limited is an e-commerce business opportunity and can be relocated to anywhere in the UK.

Premises Details:

N/A

Business Operation

Trading hours:

Due to the nature of the business, it operates 24/7 through their online platforms.

Employees:
We are advised that the business is run and managed by our client.

Other Information

Relocatable:
This business can be relocated.