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RibbonAnd Haberdashery Business Internet Based In Worcester Area For Sale

Worcester Area, Worcestershire, UK
Asking Price:
On request Furniture / Fixtures included
Turnover:
£240,000
Net Profit:
Under £50K

Well Establised Business 15 years old , retirement sale , FULLY relocatable would require the size of a double garage , Ideal work from home as lifestyle opportunity or more. Selling low cost high margin products , Ideal for Husband and Wife Team or similar , Good future potential . 2 websites, one trade one direct to consumers, price just reduced

Brief History of Business

1. Established 2012
2. Grown from sales first year of 35,000 to Max Sales just before Covid and Brexit £349.000
3. Brexit lost most of our European market , like many other companies , but we had 3 or 4 other distributors ( Spain, Germany, Fance )
4. Registered Tradename Ribbon Writer approx. 2015 - 2016
5. Registered LTD 2020, but went LTD 2022
6. 2 Webistes Ribbon Writer and Ribbon People
7. Developed software ( with a programmer) last major update 2022 and minor tweek in 2023 cost of £25,000
8. 4 Machines in the Range , Junior, Excel , Excel Deluxe and Enterprise Elite
9. Sell through Website, Exhibitions, Amazon and Ebay ( + a little etsy)
10. Distributors abroad , South Korea, South Africa, Greece, Cyprus, Bulgaria
11. Brexit did reduce slaves to Europe
12. Average orders weekdays all platforms 20-30 orders , Weekends 60-80 and Xmas time weekedays 50 – 70 and weekends 150 – 275
13. All year round orders but an increase towards Xmas of course
14. Have been running on 1 x Full timer and 2 x Part timers recently
15. Current sales approx. £250,000 per annum
16. New Ecommerce Site built 2024/25 and just launched cost of £24,000 ( just to have SEO)

NDA will need to be signed for further info and projected accounts

Property Information

Property:

Leasehold

Lease Terms:

to be agreed if required

Leasehold Rent:

750 - 850 per annum

Lease Rent:
£1,000 per sq ft per annum
Living Accommodation:

N/A

Location:

trading estate currently but easy to work from home, would require the space of a double;garage or similar

Premises Details:

one x office 1 x warehouse

Size in square feet:
approx 1000sqft

Business Operation

Expansion Potential:

to grow to new products, new marketplace style platforms infinite scope

Competition / Market:

only 2 other UK competitors

Reasons for selling:

A retirement Sale

Trading hours:

Monday Friday 9 - 4.00pm

Employees:
1 x F/T 1 x P/T
Years established:
13

Other Information

Support & training:

will provide suitable training , handover as required

Inventory / Stock value:
£35,000
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.