Business
Please quote reference B07462

CoGoGo are delighted to welcome to the market Lotmart, a highly rated online retailer of clothing items and accessories.

The business was first established by our client in 2011. The business has built up an excellent reputation and regular customer base during the ownership of our client. 

Lotmart has now come the open market due to our clients ill health. 

Lotmart is an online retailer of clothing and accessories, offering both up to date fashion ranges and timeless pieces at affordable prices. Their online range includes embroidery, women, men, girls, boys, baby, toys & games. Their online selling platforms included 3x eBay accounts, an OnBuy account, 2x Amazon accounts, the CDiscount platform and their own website. 

Lotmart is trademarked and word market, and has a registered domain name of lotmart.london. The business has circa 3,000 followers on Facebook and use Royal Mail collections from premises and Amazon Shipping collections for Amazon Prime orders. 

Suppliers are located in the UK, France and Italy, with a full list to be disclosed to the new owner. 

Key selling points –

• 5 Star google review score
• Lots of potential to increase sales and profit levels
• Lotmart is trademarked and word marked.
• 3 eBay accounts (oldest Lotmart account was created in 2009 and has nearly 90,000 feedbacks and top rated seller status!)
• 2 Amazon accounts ((1 account has seller fulfilled prime and premium eligible) – Feedback 6,980 ratings, 4.8 stars.
• Excellent website

Scope for further growth –

• Reduce current running costs
• Relocate to new premises
• New advertising campaign
• Increase organic orders through social media platforms
• Extend current opening hours

Location
Relocatable.

Premises
N/A

Tenure
We are advised that the business is being sold on a relocatable business only basis. 

Hours
Due to the nature of the business, it operates all year round. 

Staff
We are advised that the business has 6 members of staff. 

Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £550,000. Further financials can be made available upon request.