Newly established Wholesale PPE Supplies business for sale

  • Price: £50,000
  • Annual Turnover: £1,200,000
London, England
Seller Ref:B06082
For Sale

Newly established Wholesale PPE Supplies business for sale

London, England
Seller Ref:B06082
  • Price: £50,000
  • Annual Turnover: £1,200,000

Description

Business
Please quote reference B06082


CoGoGo welcomes to the market an exciting opportunity to acquire on a business only basis, an exceptionally well run, Wholesale PPE supplies business.


Mask Bros Ltd has been under the careful and meticulous ownership of our clients, since early 2020 and they have scaled the business to an impressive level in a short period of time. The business has now only come to the market as our clients look to pursue other business activities.


The business supplies various PPE products to the public in bulk purchases via their website along with leading online retailers and to date have sold over 25 million face masks alone. In addition to facemasks, they also supply hand sanitizers, along with the popular “daily work and travel hygiene kit” that includes 1 x hand sanitizer, 1 pair of protective gloves, 3 x masks and 4 antibacterial wipes, with the business further benefiting from having established supply chains in place to ensure that continuing demand is met.


They continue to receive returning customer orders and are one of the highest-rated retailers in Europe with a 4.7/5 on TrustPilot by 2,000+ reviews and boast over 35,000 customers. Their efforts have been covered by articles in The Sun, Daily Mail & many more major papers.


We feel there is scope to increase turnover with the introduction of a robust national marketing campaign, along with introducing some further product lines to sell via the website and online retailers.


The business trades on its reputation and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the industry.


A tremendous opportunity to own this business, and early enquiries must come highly recommended to avoid disappointment.


Core demographics:

  • UK-based
  • Elderly (50+ years old)
  • Health conscious
  • High level of trust in Mask Bros

Location
As this business is trading as an online operation, the business could be relocated anywhere in the UK.

Premises
N/A 

Tenure
We are advised that the business is being sold on a Business Only basis. 

Hours
The business is trading 24/7. 

Staff
We are advised that the business has 2 full time staff members.

Financial Profile
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £1,200,000. Full financials can be made available upon further request. 


Please quote reference B06082

Is this business relocatable:
Yes
Is stock included:
NA

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