Online food and drink retailer for sale

  • Price: £99,500
  • Annual Turnover: £1,005,052
Potters Bar, Hertfordshire, England
Seller Ref:B07621
For Sale

Online food and drink retailer for sale

Potters Bar, Hertfordshire, England
Seller Ref:B07621
  • Price: £99,500
  • Annual Turnover: £1,005,052

Description

Business
Please quote reference B07621


CoGoGo are delighted to welcome to the market Homewood Delights Limited, an e-commerce business opportunity that specialises in luxurious and food and wines. 


The business was founded by our clients in 2020 when they owners identified a gap in the market for great food and wine and the little luxuries in life. It has quickly been accruing an impressive number of customers, strong sales and a burgeoning reputation for price, quality and customer care.


Homewood Delights Limited has now come to the open market due to our clients need to concentrate on their other business interests.


The business offers a range of products via their website or through their strong relationship with Amazon. At the time of instruction, 95% of the sales were coming from Amazon.


The business retails a wide range of specially sourced products including;

  • Wines and Spirits
  • Tea
  • Spices
  • Honey
  • Jewellery
  • Hampers for him and her


Additionally, the business offers wine club membership which allows their customers to gain special benefits including curated selections, best recipes and fun events.


The sale will include the company website which is directly linked to Amazon with automated stock control etc. The sale will also include all social media platforms and the business enjoys great visibility online.


Key selling points –

  • A well established e-commerce business with an an enviable reputation and many regular customers
  • Current owners happy to offer a handover to ensure the continued success of the business
  • Ideal owner managed or partnership business
  • Perfect bolt on to an existing retail or e-commerce business
  • A real opportunity to increase turnover and profits significantly, current owners have been running at a pace to suit due to their other business interests
  • Companu organic licence with soil association can be renewed at anytime if the new buyer wants to continue
  • Website back end Magneto
  • Amazon reviews received 454 – Out of that, 89% positive


Scope for further growth – 

  • Advertising and Marketing campaign
  • Maximise the use of social media
  • Invest in SEO and PPC to drive new customers to the business
  • Attend farmers markets, food fairs and exhibitions
  • Organise high end wine tasting events

Location
The business can operated from anywhere in the UK. 

Premises
N/A

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

Hours
Due to the nature of the business, it operates 24/7 through their online selling platforms. 

Staff
We are advised that the business is run and managed by both owners, with the additional help of 1 full-time staff member. 

Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £1,000,000. Further financials can be made available upon request. 

Is this business relocatable:
Yes
Is stock included:
NA

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