Unique opportunity to buy a fantastic business, highly rated by customers, selling rubber seals all around the world.
The business has been established nearly ten years, and sells its high-quality products to consumers and businesses, via its website, its eBay store, and its Amazon store. About 70% of trade is within the UK, and the balance worldwide, including the US, Europe, Asia and Australia.
The current owner bought the business 3 years ago, but due to other business demands, has never had the time to give this business any attention - it has just sat there generating cash! It is now priced to allow someone to take it over and make the most of the massive opportunity available.
The business comes with £80k of stock at sales value, which is held and managed by a third-party logistics warehouse. Orders come in via the website, Amazon or eBay and they are automatically pushed to the warehouse who fulfil them straight away, and without requiring any action from the owner.
Net sales are running at around £2k per month despite no new stock being bought, no ads being run, and the bestsellers not being restocked. Product gross margins are around 80%. The business is currently managed with just a couple of hours work per week answering customer emails.
The sale includes the website, the Internet domain, branding trademark, eBay account, Amazon account, stock at the warehouse, additional stock waiting to go to the warehouse, introductions to the suppliers, and three months handover if required.
There is so much potential with this business if a new owner was able to put in just a bit more time than the existing owner has been able.
