This is a superb opportunity to purchase a reputable well-established e-commerce business based in Somerset

  • Leasehold Price: £80,000
  • Annual Net Profit: £40,000
  • Annual Turnover: £160,000
Somerset, England, England
Seller Ref:577
For Sale

This is a superb opportunity to purchase a reputable well-established e-commerce business based in Somerset

Somerset, England, England
Seller Ref:577
  • Leasehold Price: £80,000
  • Annual Net Profit: £40,000
  • Annual Turnover: £160,000

Description

This is a superb opportunity to purchase a reputable well-established e-commerce business based in Somerset. The business is available on a leasehold basis.
The business is a Somerset based company specialising in the sourcing and distribution of some of the world’s finest loose-leaf teas. They have worked hard to ensure the teas they supply from estates in China, India, Sri Lanka and the rest of the world are the best available and produced using orthodox methods. They sell a wide range of the finest teas including loose-leaf tea, green, black, white teas and oolong as well as herbal teas, fruit infusions, and classic English Breakfast blends. Along with their high-quality tea collections, they also sell tea hampers, stylish caddies, and useful tea ware.
The business has been established since 2001 but with the current owner since 2023 and has experienced steady growth on an annual basis since they began trading. Benefiting from having active website sales, the business has created an excellent reputation within the industry that it serves and has forged excellent relationships with key suppliers which ensures excellent margins across their product range.
This is a very profitable business that is growing year on year and offers any new owner huge potential for expansion. The business is currently operated from a leased premises and the upstairs is sublet to another business which generates an additional income of £700 per month.
• Business in operation since 2001
• Steady growth since establishment
• Excellent reputation in industry
• Loyal customer base
• High-quality website
• Minimal competition
• Excellent relationships with suppliers
• Huge potential for further growth
• High turnover – £80,000 (approx. for 6 months)
• Car parking outside
• Excellent location
It is with a heavy heart that the current vendor is selling due to personal reasons. Due to the excellent reputation and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the e-commerce sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
Stock at valuation

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