Ecommerce/Website based retail for sale

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Long standing web based business for sale, no technical knowledge required.

  • Price: £110,000  Price Reduced arrow_drop_down
  • Annual Turnover: £123,000
  • Annual Net Profit: £50,000
Seller Reference: PAX0205271296
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Business Description
 
 
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Seller Reference: PAX0205271296
Request Details
Business Description
It may not be the time to sell a business or start a business however being employed at the moment is not working for many sadly.
Starting a business from scratch is difficult and will take many years of hard work.
Taking on an established business is the way forward especially when you could add real value.
My pros are many I would like to think, my cons are I’m old fashioned and don’t understand modern marketing methods with social media marketing SEO and the rest.
So! It's time for retirement, I am offering a long-standing Internet based Coffee, accessories, consumables and spare parts business supplying for most makes of commercial and some domestic coffee machines including some bean to cup and vending machines.
We are holding our own during this crisis and are confidant in the future.
At the moment we carry a reasonable stock of parts including all parts for a well-known domestic and semi-professional Italian manufacturer along with importing the machines. we tend to stock low value parts and drop ship high value parts.
We ship worldwide, with customers in countries you wouldn’t expect. In the last 6 months we have shipped machines and parts to many countries, Hong Kong, Singapore, Saudi Arabia, Taiwan, Russia and the USA along with of course with Europe and the UK.
No knowledge of coffee machines required, but a logical, practical mind would be useful and of course in this day and age computer skills.
The website lists over 11,000 items with more to be added.
The business has continued to perform well during the Covid pandemic, we have a projected profit gross of £73800 based on the figures up to September, To be fair we have had 2 bad months which has hit the gross sales and of course the profits, in any other year the business would be worth a lot more but I don't have the years to wait for the world to stop the craziness.
Today I was asked how I got a particular order, my reply was I didn't it got me, it's the same for all orders, we have never actively sold one item, the orders just keep coming. We have traded for over 20 years and have never invested in advertising or marketing of any type. A younger mind with a understanding of modern social media marketing and modern methods of promotion would take the business to a new level.
We are now working with our first agent in Northern Ireland who also promotes our own blend of award-winning fairly traded and rain forest alliance coffee, paving the way for further agents.
Trading hours:
It can be home based if required however we use a serviced offices as a warehouse.
Support and Training:
We have traded for over 20 years. Figures shown are not exact but an indication, It's a simple sale where today it's mine tomorrow it's yours, the website is fully protected, we carry £15-£20K of stock, thousands of pictures, a full database for parts and a customer database which is growing daily along with website addresses covering and protecting the company name.We will support the new owner as needed and agreed.
Location Details:
Anywhere.
Is this business relocatable:
Yes
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