IT / Telecoms businesses for sale in London

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London, England

  • Price: Offers Invited
  • Annual Turnover: £1,300,000
Seller Reference: 161418
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Business Description
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Seller Reference: 161418
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Business Description
Total revenue of £1.3m from £270k seed investment.
Year-on-year revenue growth of 120% (18/19) which has accelerated during the ongoing Covid-19 pandemic (+68% 19/20).
Generates a return on advertising spend of 350%.
Retains over 80,000 customers and has demonstrated strong acquisition throughout the pandemic.
Average customer order value of £19 and lifetime value of circa £39 to £55.
Operates on a B2C basis and utilises an online platform to ensure that there is uninterrupted engagement with a seamless purchase process.
Over £700,000 in prizes and property has already been rewarded alongside £30,000 charitable donations, changing lives every week.
Offers invited.
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