Online Retailers for sale in Westbury

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Online Businesses - E-commerce Websites

Westbury, Wiltshire, England

  • Price: £199,000  Price Reduced arrow_drop_down
  • Annual Net Profit: £40,000
Seller Reference: 7771
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Business Description
 
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Seller Reference: 7771
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Business Description
Growing online business selling retail & wholesale candle & soap making supplies, massive growth this year with a very small workforce with massive growth potential

Originally set-up in late 2014 to fill a gap in the marketplace, we wanted a simple way to make candles for our family's Christmas presents but couldn't find a quality candle making kit to allow us to do this. We ended up purchasing a bulk load of materials, way more than we needed to create our candles, we then packaged them into simple kits and things went from there.

Note: The business does not sell or make candles, we sell retail & wholesale supplies.

We've established some great kits and equipment and have a secured brand name (which we have recently updated and refreshed the brand image). Previously, we've enjoyed very busy seasonal periods and quieter, but steady year-round sales. However, since September 2019 we've been growing this business at a good rate and have seen a massive increase in turnover and profit margin - we have yet to experience the Christmas trade in our new format but expect this to increase turnover with the bonus of selling higher-margin kits as these make perfect gifts as well as candle & soap makers buying their wholesale supplies to create their own products that sell as gifts.

We've recently taken on a warehouse to run the business from, allowing us to invest in more bulk stock and enjoy preferential bulk pricing and to offer more product lines, this has allowed us to take the business to the next level and start to offer more wholesale and better retail ranges.

We would be happy to speak to interested parties but would ask for an NDA to be signed as well as a few basic questions answered, this is to protect our business interests.

We do have a mailing list of over 5000 but this is not taken advantage of as we don't send regular emails, however, we currently return £0.98 per email sent using our automated campaigns and sparse newsletter (based over the past 90 days).

This business is been sold as a great opportunity for someone to step into an active and growing business and allow their input to take this to whatever level they wish, this market in the UK is huge and growing as more and more people to not only opt to make their own gifts but also look to diversify to set up their own small businesses from home, making their own, unique products.

The business is currently in a warehouse with a lease until it's break clause in 2022 if you wanted to take over the lease this is available.

The stock is to be valued at completion and to be sold at cost, with any shelving, computer systems and printers to be sold at an agreed sum.

In all, this is a fantastic opportunity for someone who wants to take on an existing and growing (profitable) business and grow it, there is so much scope - you can step into the business and be making money from day one.

We have a marketing company managing our google ads campaigns what are performing excellently (only using google shopping) and with more social marketing and proper google ads you will increase the business.

All figures are estimates based on current and historic sales data as, due to growth, we are basing this on future growth and we will only be increasing the price of the business as the business grows so an early interest will be advantageous.

Turnover - £ 300,000k +
Gross Profit - £ 145,000k +
Net Profit - £40,000
Staff - Husband & wife team as well as part-time warehouse person and part-time social & marketing person (remote worker)
E-Commerce - Relocatable

The Business is located in Wiltshire but is easily relocatable and can be run from anywhere in the UK.
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