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Profitable Smart Living Brand In Luton For Sale

Luton, Bedfordshire, UK
Asking Price:
£500K - £1M Furniture / Fixtures and Inventory / Stock included
Turnover:
£200K - £500K
Net Profit:
£250K - £500K

Unlock the potential of a thriving business in the UK's smart living and LED lighting industries. Our premier brand boasts a diverse portfolio of over 400 SKUs, serving over 2000 B2B clients and partnering with renowned retailers.

Despite the challenges of COVID, we've maintained profitability since inception, with an expected 10-12% growth this year. With a strong online presence for B2C sales and streamlined operations leveraging outsourcing, seize this opportunity for sustainable success in a burgeoning market.

Property Information

Property:

Freehold

Location:

The business operates from its own freehold office cum warehouse in Luton however supplies all over the UK, Republic of Ireland and also some EU countries

Premises Details:

Approx 6250 sq ft warehouse cum office in Luton

Energy Performance Rating:
B

Business Operation

Expansion Potential:

Taking the brand to European countries, Gulf countries, Africa. Also launching some new products targetting existing clients. Currently company has 100K app users

Competition / Market:

Company has different competitors in different product categories however as a brand with such a wide portfolio of products, there is no competition as such

Reasons for selling:

After careful consideration, the directors of our brand have decided to seek a new owner with the expertise and resources necessary to fully capitalize on the significant growth opportunities available. While we believe in the immense potential for expansion within the business, including doubling turnover within a year's time, we recognize the need for additional capital and expert distribution contacts to achieve this ambitious goal. Therefore, we are seeking a buyer who can bring the necessary resources and experience to propel the brand to new heights of success.

Trading hours:

Monday to Friday 8am to 5.30pm

Employees:
10
Years established:
7

Other Information

Support & training:

The directors are open to working with the new buyer for up to 2 years after the sale (based on agreed remunderation) or even for longer term to ensure smooth running of the business

Furniture / Fixtures value:
£50,000 - included in the asking price
Inventory / Stock value:
£980,000 - included in the asking price
Website:
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Relocatable:
This business can be relocated.