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London, England

  • Price: £39,000  Price Reduced arrow_drop_down
  • Annual Net Profit: £1,133
Seller Reference: 8053
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Business Description
 
 
 
 
 
 
 
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Seller Reference: 8053
Request Details
Business Description
For Sale is Ohyo Ltd, a popular eco business featured on Dragons' Den 2010. Vendor is now Director at another business and seeks buyer to re-launch this UK-made bottle business.

Bizdaq is pleased to offer to the market a highly recognised and friendly upmarket brand developing and promoting adaptable products that grow with your day. Ohyo (www.ohyo.me) provides smart solutions to everyday problems while offering sustainable alternatives to plastic bottles and bags.

Turnover and profit figures displayed above are 8-year averages. Ohyo Ltd (Bottle) has been trading since 2010 selling 700,000 bottles to date. Our profitable turnover rose steadily peaking at £320,000 for 2013/14 with sales to Marks & Spencer, Blacks, Millets, Robert Dyas. However, sales dipped following a disappointing “Transformer; Age of Extinction” collaboration with Paramount Film and Boots Plc, which in conjunction with an attempt to launch a US subsidiary and tooling expenses for the Ohyo 1000ml, generated a loss in 2014/15. Ohyo now operates profitably albeit with a reduced annual turnover since the departure of Guy Jeremiah as active CEO in 2016. Guy now offers Ohyo just 3.5 hours per week, and could continue to do so after any sale if requested. Kathryn Williams is employed part time as Exports and Logistics Manager, directing production in Sheffield, client management and customer services.

Ohyo Ltd would benefit massively from renewed marketing, which the current owner can no longer offer since becoming Regional Director of Environmental Management at Waterman Group. Guy founded Greenspace (www.legalregister.co.uk) and sold that business to Waterman in 2005 and has re-energised it over the past 3 years at the expense of Ohyo Ltd.

The Ohyo business is now on the market to find owners able to re-launch it in the midst of the current renewed interest and market for Environmentally Sustainable products.

Assets:
UK Patent, Design Registration & Trademark
 Strong Environmental Friendly Brand (supported by www.chalk.co.uk)
 Ohyo Collapsible Water Bottle Stock
 Felix Conran 2Bag Stock
 Blow & Injection Moulds to manufacture Ohyo 500
 Blow Mould to manufacture Ohyo1000

The purchase of Ohyo Ltd would appeal to those with:-
 Environmental aspirations
 Sound Marketing skills
 Or a complimentary set of products

The Buyer may already have its own plastics moulding facilities, in which case it would use the moulds that are currently the property of Ohyo Ltd. Alternatively, they may wish to continue to work with the existing manufacturer in Sheffield.

Ohyo Bottle was featured on Dragons’ Den in 2010 to a fiery reception and huge popularity among viewers.

Ohyo Ltd is well-established
Huge scope for growth
Unlimited growth potential
Transition period and training available
Poised for growth
Great investment opportunity
Flexible working hours
Work from home, flexible working hours
Accounts available
Open to partnership proposal
Rare opportunity
Unique business type
Passive income opportunity
Great for social media whizzes
IT skills an advantage
Huge social media following

This business opportunity offers flexibility to a new owner due to its entirely online operation. Relocatable anywhere in the UK, a buyer who is looking for a business that they can expand and build on would be ideal.

Unique and popular Ohyo bottle selling 700,000 since 2010.
Bottle Patents: UK
UK Design Registrations, Trademark in Europe
Good sales records: M&S (170,000 units), Boots (50,000 units), Blacks (25,000 units), Selfridges,
Manor (Switzerland), RSPB, National Trust, Amazon, Design Museum, British Library
Well-established and popular, eco-quirky quality Brand
Founder of Find-a-Fountain with Drinking Fountain Association; ethical image, education programme.
Timing; thrift and eco are popular. Ethical opposition to bottled water and waste plastic bags.
Brand Goodwill: Loyal fan base of supporters including 10,000 Facebook and 1,800 Twitter Followers
Ohyo bottle durability-tested 10,000 compressions
15-year 4% licensing agreement with Felix Conran (Grandson Terence Conran)
Finalist at the Gadget Show Live March 16 with a free exhibition stand.
Corporate branding markets for bottles and bags
Very experienced Exports and Logistics manager, Kathryn Williams, based in Sheffield.
Ohyo solutions neatly presented in movies: click to Ohyo Bottle and Ohyo Bag.
Reliable long-standing Sheffield bottle manufacturer, Becketts Plastics (Mocap).

Ohyo is seeking a new home in an organisation willing to capitalise on the strengths and opportunities highlighted, while exploiting existing resources to address the weaknesses highlighted and inherent in a small company like Ohyo.

We invite third parties to view and discuss the opportunity with the vendor directly. feel free to look on our website too www.ohyo.me

This is a business that is currently run in London with a storage unit and staff in Sheffield, South Yorkshire. The Ohyo Bottle is manufactured in Sheffield.
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