An established online retail company selling in the niche market of second hand laboratory equipment. The purchase of the business includes website, eBay listings and all stock. The current total price of eBay listings is in excess of £50K. The business could be run from its existing premises in the Peak District (rent currently £600 per month) or the stock could be relocated wherever the buyer chooses, all business transactions are carried out online. The current owners have no scientific background and nor would it be necessary for would-be purchasers. All that is required is an understanding of the principles of buying and selling. It has been a limited company since 2012 with an annual turnover varying between £70,000 and £100,000+ and providing the main working director with a salary of £30,000 per annum. Reason for sale is due to retirement. The business has provided a steady income for the last 10 years but there is scope for expansion through the retail of new equipment or more extensive advertising.
Support and Training:
One full week's training would be given on all aspects of the business either on the existing site or at a site of the purchaser's choosing.
Is this business relocatable: