Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Online Retailer Of Limited Portfolio Of Special Interest Branded Footwear

LISTING DETAILS
Firms For Sale ID:
34720
Vendor reference:
AB243
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£120,000  
Turnover / revenue:
£750,000
Net profit / cashflow:
£60,000
Years established:
10
Trading hours:
Monday Friday : 09:00 18:00
Number of employees:
2
Employees / staffing:
The vendor is ably supported by two key staff, equally responsible for stock management, picking, packing and customer service enquiries.

OTHER DETAILS
Reason for selling:
The vendor wishes to follow other areas of business interest.
Support and training:
Owner would be happy to stay and hand over for a negotiated period of time. The owners are happy to provide training for an agreed handover period.
Business is relocatable:
No
Business is web-based:
Yes
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold with 1 year remaining (until 2018) on a 3 year renewable lease. The square footage is circa 1,100 sq. ft. and includes a stock room and office. The rent is circa GBP 6,000.
 
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BUSINESS DESCRIPTION
Online Retailer of Limited Portfolio of Special Interest Branded Footwear
Includes a famous and now gated brand
Ref. AB243
Location : Berkshire
Asking price: GBP120,000 + Net Assets
Extremely well established online footwear retailer specialising in a discrete portfolio of high addedvalue brands, one of which is very famous and is now gated; only access via businesses such as this is now possible. The business was established by the present owner in 2007 and has been a Limited Company since 2008.
The business has developed an enviable Ebay presence that results in a high degree of direct sales. Customers that begin their relationship with this retailer through its Ebay and Amazon accounts tend to become long term customers with the main retail site.
The real power and energy of the online shop comes from the quality and reputation of the Ebay and Amazon accounts, the nature and fame of the brand portfolio and the high levels of customer service and satisfaction they generate.
By virtue of the quality of relationship that this retailer has with key brands, it is offered Limited Editions, which increase in value over time, as they become rare and collectable.
Not surprisingly, the shop enjoys a good level of patronage – including many international customers on the company database; the store enjoys a high perecentage of repeat custom, empowered by the nature of the brands represented.
The target market for the online shop are a combination of special interest groups for whom key brands matter greatly.This cultural significance covers all age groups.
This opportunity is an ideal business for anyone looking to engage with or looking to acquire the more rare or very hard to find footwear brands. Alternatively, for someone already in the sector looking for a strong performing, additional outlet to bolt on to their existing business activities.

Expansion Potential
The business has grown organically and with further marketing for both the shop and website could build on the existing excellent customer base.

Market / Competition / Non-Competition Agreements
Internet only.