Online Retailer of Personalised Stationery and Gifts
CONFIDENTIALLY OFFERED FOR SALE
Location: Shropshire
Asking Price: £550,000 including SAV
Asking Price Includes:
Turnover c. £724,000
Gross Profit c. £310,000
Net Profit c. £245,000
SAV c.£180.000
A superb business model
Exceptional product range
Huge potential to significantly increase turnover
High organic internet ranking
Introduction:
Turner Butler has been appointed to invite offers of purchase of the issued share capital of this superbly presented business, which markets a vast selection of personalised stationery and much more.
Business Profile:
With an extensive product range to offer both business customers and consumers directly. Laptop bags, travel accessories, happy planning & bookmarks, dated diaries, spiral food diaries, meal planners, recipe books and inserts wedding planners, Christmas planners and much more. The business reaches its market mainly utilising Instagram.
Customer Service:
The business prides itself on exemplary customer service. The business model is very strong and efficient and attracts regular repeat business as well as significant numbers of new enquiries.
Key Strengths:
The key strength of this highly profitable business lies in future potential. The current owners have very little marketing experience, which in turn underlines the strength of the business model. Cash flow is superb, cash at bank currently stands at nearly £850,000
(This is not reflected in the asking price).
Instagram and other social media following approaching 300K followers.
Financial Performance:
The goodwill in the business is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover c. £724,000
Gross Profit c. 43%
Net Profit c. £245,000 before management costs
Net Profit after replacement management costs is c£150,000
Asking Price:
The asking price of £550,000 inclusive of net assets (excluding cash & debt) is for 100% of the issued share capital of the company. There is a significant surplus c T ash balance which is not reflected in the asking price and will be paid for in addition to the final sale price on a £ for £ basis
Employees:
The current owners feel that this business could benefit greatly with an injection of marketing and advertising experience.
The current owners feel that this business could benefit greatly with an injection of marketing and advertising experience.
The business is managed by the two owners and one employee.
The cost of replacing the owners is c£100,000.
Reason for Sale:
The current owners feel that this business could benefit greatly with an injection of marketing and advertising experience.
