Fancy Dress Shops for sale in West Sussex

View the "Nationally Operating- Online Favours Supplier Business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Nationally Operating- Online Favours Supplier Business

West Sussex, England

  • Price: £109,995
  • Under Offer
  • Turnover: £212,331
  • Gross Profit: £107,503
Seller Reference: B05471
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05471
Request Details
Business Description
Business
Hilton Smythe are delighted to present to the market ‘Favour Fairy’, a highly renowned online favours supplier company offering over 12 years trading history. The ‘Turnkey’ opportunity is run to suit and we believe there are many quick changes any new owner could adopt to double the current net profit levels.

Favour Fairy offers fully delivery on the following lines -


  • Party Bags - 30% of sales mix

  • Xmas Favours - 15% of sales mix

  • Personalised Wedding Chocolates & Sweets - 35% of sales mix

  • Organza/ Venue Decorations - 5% of sales mix  


** Sales levels are enjoying a 25% increase on the previous year, driven by increased orders of the popular party bags.

** The business offers a range of just over 800 lines

Favour Fairy offers ‘Beautiful favours for every occasion ….’ it comes with -


  • A powerful domain with excellent Google authority

  • Number one ‘SEO’ position for over 200 relevant keywords

  • Excellent, fast moving website which enjoys 1500 daily visits

  • A ‘FEEFO’ rating of 4.9/5

  • Excellent eBay feedback


90% of sales are taken via the company’s own website with 10% from the eBay site (which is targeted to increase). Most orders can be delivered within 24 hours (our client uses Parcelforce) if required, the personalised orders will require a longer.

As expected, due to the busy summer wedding season and Xmas party season, our clients advise they enjoy increased sales in August and December.

There are currently 20 x suppliers used, all UK based.

To make the business more profitable, our client has focused on reducing costs in the following areas -


  • Labour

  • IT

  • Business rates

  • Phone ISP

  • Data Storage


Any new owner could further decrease costs and increase sales by adopting any of the following areas -


  • Running the business from home

  • Reduce staffing levels

  • Adding gluten free, vegan options

  • Increasing the social media presence

  • Re-establishing the links with the Exhibitions, in particular wedding shows

  • Linking with local events and fairs

  • Reducing stock levels through decreased minimum order levels

  • Continue to grow the Party bag range

  • Target playgroups

  • Grow corporate relationships

  • Increase the eBay shop order levels

  • Improve current range and add more linked products


Our clients have always tried to maintain their Gross Profit percentage of 50%, with the right cost savings the Net Profit levels should easily achieve 25% of Turnover.

We are very excited about the future of Favour Fairy and would recommend an early enquiry to avoid disappointment.

Location
Favour Fairy is a fully relocatable opportunity, making it a perfect run from home business or ideal ‘add on’ acquisition to any existing online focused business. It could be easily be re- located to any new location across the country.

The business is currently run from our client’s office in West Sussex, who run the business to suit.

Premises
There is a range of office equipment that will be offered with the sale (if required).

Product Storage shelving.

Tenure
Business Only.

Hours
MONDAY TO FRIDAY (8.30-4.30)

Staff
The business is run and managed by our clients who only work 4 days between them, 1 x fulltime member of staff and 2 x part timers.

Financial Profile
The business will generate a Turnover from 2018 accounts in excess of £200,000, a GP of 50%(£107,505) and an Adjusted net profit of around £48,000. Our client informs us 2019 is already enjoying a 25% sales increase.

Is this business relocatable:
Yes
Listed by:
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