An exciting opportunity exists to acquire, by way of a share purchase, all of the issued share capital in this highly attractive UK Limited company (“the business”) that was established in 2015.
An innovative e-commerce company providing ethically sourced stainless steel lunch boxes, bottles, and kitchenware. This is a business on a mission that provides customers with highly durable products designed to replace disposables and plastic. It operates in an expanding global sector for sustainable and eco-friendly lunch and kitchenware. The majority of products are made from stainless steel, as it’s the best material for lunchboxes & water bottles. This means they are able to offer a long warranty, which inspires confidence in the products & brand. This company has strong foundations and a loyal base of customers via its website, Amazon channel, and wholesale outlets. Highly professional, engaging website that accurately reflects the company ethos and is immediately appealing to the target audience. The website currently achieves circa 3,000 visits per week!
The company’s range is ethically sourced from manufacturers in China and India, and it has direct relationships with its suppliers. Suppliers are audited for social compliance, and products are independently tested in labs to ensure compliance with EU and US food safety laws. Products are packaged in plastic from supplier to customer.
Customers have confidence in the brand and trust in the quality and durability of its products. Comprehensive aftercare is offered with all items, including returns and spare parts. They also offer a market-leading 15-year warranty for their stainless-steel products. The rate of returned items is less than 1.5%.
Combining high-quality products and unique branding with the recent hiring of an award-winning marketing agency, they have seen a 46% increase in total turnover in the in the last 6 months compared to the previous year. This is forecast to continue.
- Asking Price:
- £600,000 Inventory / Stock included
- Turnover:
- £360,000
- Net Profit:
- Available on request
Property Information
- Location:
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Online marketplace
- Premises Details:
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N/A
Business Operation
- Expansion Potential:
-
This company provides significant potential for development.
The sustainable and eco-living market is growing, presenting ample opportunities for expansion and innovation. A new buyer has the potential to capitalize on this trend by diversifying and enhancing the product range. Specifically, there is room for developing a dedicated children’s lunchbox range and introducing more reusable homeware items.
The company already has an excellent presence on social media and proven success with Facebook advertising. They have successfully collaborated with other brands. Partnering with a household name organic company on a giveaway secured the Company 10,000 email subscribers and a significant boost in traffic. Forging strategic partnerships with like-minded brands presents an exciting opportunity for further growth and brand exposure.
Over the years, the company has received inquiries from large companies and event organisers interested in reusable products for their employees or events (including the Glastonbury Festival). They have yet to fully explore these opportunities. With dedicated time and investment, tapping into this market presents another promising avenue for further growth.
Additionally, with a successfully established presence in international markets and 10% of website visitors originating from the United States, there is opportunity to leverage this interest by expanding further into the US export market. There is also potential to increase the email marketing with both existing and potential customers.
- Reasons for selling:
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Pursuit of other business ventures.
- Trading hours:
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24x7x365
- Employees:
- There are 2 part-time directors who manage the company and one part time member of staff providing customer service and back-office functions.
- Years established:
- 9 years
Other Information
- Support & training:
-
The directors have offered to provide a negotiable handover period to ensure the company's smooth transition to new ownership.
- Inventory / Stock value:
- £100,000 - included in the asking price
- Home based:
- This business can be run from home.
- Relocatable:
- This business can be relocated.
