The business has acquired relationships with a number of leading brands in the sector, such as Sloggi, Thirumph, Lepel and Charnos all of which have indicated a willingness to deal with any new owners. The current owners are regularly approached by potential new suppliers from both the UK and overseas which would present a huge opportunity to grow the business with little effort or investment.
The current owner purchased the business 4 years ago and has run it on a part time basis since with hours to fit around other commitments. During this time the revenue and profit have increased substantial with minimum effort, only a minimum level of resources are committed to the business but still an annual profit of around £7k is achieved.
The website income was previously supplemented with an Amazon marketplace account and an eBay account selling a small selection of the products held on the website. This third party side of the business was wound down as the website business grew and is now just used to sell old lines, presenting a clear opportunity to any prospective purchasers to quickly grow the business by setting up accounts through these or other similar marketplaces.
The business currently has no social media presence and very limited SEO work is undertaken. Again this would present an excellent opportunity for any buyers to grow the business. In addition the business does not use mailing lists to send regular e-mails to customers, presenting further potential for the new owners to benefit from the 5000+ customers details and increase repeat custom.
The business is run on a part time basis by one owner operator who is looking to exit due to time and family commitments which are preventing the business from growing further.
The business can be run on a part time basis as currently or an enthusiastic owner could unlock the potential and take the business forward to maximise its potential.
The potential for the business is vast and we would recommend an early meeting with the owner.
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