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High Growth Asian Food E-Commerce Start-Up In Hertfordshire For Sale

Bishops Stortford, Hertfordshire, UK
Asking Price:
£200K - £500K Furniture / Fixtures and Inventory / Stock included
Turnover:
£200K - £500K
Net Profit:
Undisclosed

**Summary for the Sale of Rapidly Growing Online Asian Supermarket**

We are pleased to present an exciting opportunity to acquire a rapidly growing online Asian supermarket business. Established across multiple sales platforms, this business is primed for further growth with the imminent launch of a bespoke, newly built website.

Key Features:
- **Rapid Growth**: The business has seen significant expansion and is set to continue this trajectory with its new website.
- **Multi-Platform Presence**: Established sales channels on various platforms enhance visibility and customer reach.
- **Warehouse Facilities**: Includes a well-equipped warehouse with four packing stations, an advanced warehouse management system, and a dedicated livestreaming area for enhanced customer engagement.
- **Supplier Relationships**: Strong, credit-based relationships with a majority of suppliers ensure steady stock and favorable payment terms.
- **Advanced Operations**: Utilises cutting-edge warehouse management software to streamline the pick and pack process, ensuring efficiency and accuracy.

The business demonstrates huge potential for further growth and expansion, making it an attractive investment. The current owner is reluctantly selling due to time constraints related to a new baby, which limits the ability to focus on the company. This presents a unique opportunity for a new owner to take the reins of a thriving business poised for even greater success.

Property Information

Property:

Leasehold

Lease Terms:

5 year lease, 3 year break. There are insurance and quarterly service charges in addition to the rent. Break will be December 2025

Leasehold Rent:

£18,000 per annum

Location:

A small trading centre located close to the centre of the market town of Bishops Stortford in Hertfordshire

Premises Details:

The business leases a unit on a 5 year lease with a 3 year break. There is 18 months until the break.

Size in square feet:
1,229

Business Operation

Expansion Potential:

The expansion potential for this business is huge. With the new website, there will be better SEO and more conversions. It will also allow for improved marketing with newsletters etc. We are also building in the option for subscription purchases where customers can get a gift box every month over a period of time which we expect to be a big seller come Christmas. The subscription boxes alone we believe could be huge.

The business can expand into physical retail or expand its range of products dramatically from either countries we already stock from or new countries in Asia or elsewhere.

There is also the possibility to sell on more platforms, such as Amazon. The systems we have integrate seamlessly and the giftboxes would be an ideal candidate for sale on the platform.

Competition / Market:

The business faces competition online and from the rise in popularity of Asian supermarkets. It has a few niches that it competes in - 1. pre-made, curated gift/bundle boxes and 2. making Asian food products accessible to a western audience (the competition is often focused on Asian customers)

Reasons for selling:

Reluctantly selling due to time constraints related to a new baby, which limits the ability to focus on the company.

Trading hours:

Mon-Fri 9-5

Employees:
2
Years established:
3

Other Information

Support & training:

We would provide and full and detailed handover and training of the business. The length of this is open for negotiation but expect it to be between 6 and 12 weeks.

Financing available:

None

Furniture / Fixtures value:
£20,000 - included in the asking price
Inventory / Stock value:
£35,000 - included in the asking price
Relocatable:
This business can be relocated.