Online Retailers for sale in Solihull

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Online Businesses - Online Retailers

Solihull, West Midlands, England

  • Price: £180,000
Seller Reference: 5571
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Business Description
Online Businesses - Online Retailers
Seller Reference: 5571
Request Details
Business Description
High-Profit Online Store with Huge Product Range and Strong Customer Base

Established in 2015. Our online store is a fast-growing online e-commerce which offers a wide range of products that from laptops, tablets, health & beauty products, toys, to general household products.

Our e-commerce generated £700,000 revenue for 2017 with a consistent month-to-month revenue. The online store has multiple streams of income from a strong customer base of various private and business consumers.

Running an online store only gets stronger as more and more customers are shifting to the online market. With an already established online presence, you can have the freedom and opportunity to go beyond the shelf space and include more inventory into the business. An online shopping is the future. With a business like an online store, there’s plenty of growth opportunity.

Products and Services:

Our E-commerce offers a range of products that cater to a broader market than a specific niche, this includes:

• Latest Gadgets
• Desktops & Computer Accessories
• Perfumes & Beauty Products
• Toys
• Kitchen & Home Appliances
• Electronics
• Books

The rates of our products offer competitive prices for those items in high demand. Most of the products have a profit margin of 17-22% based on research the company has conducted with a few instances whereby products have returned 25-32% ROI being the only product provider.

Clientele:

The company’s target market caters to a wide range of customers based on strategic research conducted to find out the majority of the target market. Most of the online store’s customers are young adults ranges from 18-35. The company has expanded to a larger market by introducing newer product lines.
Financials:

Successful business with solid financials and consistent income figures. Available upon signed confidentiality agreement.

2 years – Sole trader
1 Year – Limited company & VAT Registered (Present)

Reason for Selling:

We (the owners) want to focus on a new business after successfully running the online store for several years. Currently the second business is up and running and having to manage two businesses can be difficult at the best of times

For more information regarding this online store including the asking price, please contact us directly. Serious interest Only.
Includes business account with £25k Overdraft Limit
Based on loan agreement we were approved for an additional £50k Loan based on the following documents submitted.
6 Months Business Bank Statements
Self Assessment Tax Return
4 Quarterly VAT Returns
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