Ecommerce/Website based retail for sale

View the "ONLINE FITNESS ACCESSORIES BUSINESS" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

ONLINE FITNESS ACCESSORIES BUSINESS

  • Price: £5,000,000
  • Annual Turnover: £10,000,000
  • Annual Gross Profit: £3,400,000
Seller Reference: CN059
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Business Description
Seller Reference: CN059
Request Details
Business Description
Introduction
The opportunity exists to acquire, by way of a share purchase, all of the issued capital in is this on-line fitness accessories (“the Business”).

The Business sells a variety of accessories for the fitness market through Amazon, ebay and its own website. In the financial year 2019-2020 the Business achieved a turnover of £6 million and is currently on track to do sales of £10 million in the current financial year.

Its products are sold across the whole of Europe and its unique selling proposition is driving its exponential sales growth.

Its brand is trade-marked and the vendors have invested and continue to invest heavily in its online presence.

The Business
The Business is based in the north of England but could easily be relocated and its stock-picking, shipping and warehouse functions could be out-sourced.

Key Considerations
• Top tier seller.
• Unique selling point.
• Excellent reputation and trading history.
• Well-known brand associated with high-quality products and service.
• A top ranked, ecommerce website.
• Outstanding SEO that drives considerable traffic to the site.
• Streamlined operations with a deep and trusted supply chain.
• Large, well-fitted and well-kept premises.
• Substantial, growing revenues and healthy profit margins.
• Numerous expansion opportunities.

Summary Results
y/e £ 000s 2021 2020 2019
Turnover 10,006 6,249 6,388
Cost of Sales 6,604 4,514 5,241
Gross Profit 3,402 1,735 1,147

In 2019-20 the Adjusted EBITDA, after allowing for a replacement M-D, was c£622,000. The expected Adjusted EBITDA for the current financial year is c£1,156,670.

Asking Price
OIEO £5m including NAV are invited for 100% of all the issued capital of the company.

Reasons for Sale
The vendors have taken the business are far as they can and are seeking new challenges, although they are prepared to continue to work for the buyer if required for a period of time.
Is this business relocatable:
Yes
Listed by:
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