Intelligent Business Transfer are pleased to bring to the market a fantastic opportunity for a new buyer to acquire a profitable online electronic consumer accessory retailer, currently trading on multiple platforms, including its own website, through trade customers and established UK marketplace (Amazon & eBay) stores.
Retailing a wide range of products, including headphones, USB speakers, memory cards and tripods, the business has developed an excellent reputation and a large UK customer base.
Established in 1997, the business has demonstrated consistent growth and now achieves an annual turnover of £535,000. Offering impressive financials and an excellent reputation, the business enjoys continued growth and scope for further development.
Potential areas for future growth include expanding into the international market using Amazon’s dominant platform. The business already occupies a prime position as one of Amazons recognised buyers with over 30,000 customer feedbacks and a 97% rating. A new buyer with the capital to invest in additional stock, distribution requirements and storage facilities would already be able to synchronise the listings to include North America, Japan, France, Spain, Italy and other developing territories in order to access a global customer base. With proven financials in the UK, this offers an exciting and profitable route for expansion.
Intelligent Business Transfer have been approached to find a suitable buyer for this is an exciting opportunity for an entrepreneur looking for a profitable online business with huge scope for growth or an existing business who can benefit from the scale and volume of business offered by this company
The company has exceptional supply chains and sources globally. It’s trade customers include NHS, Universities, Schools etc as well as broadcasting companies. The business has great potential to increase this part of the business.
The current owner has developed a very profitable and highly respected business which is now primed for exceptional further growth. The currently sit
22% ahead year on year for turnover, at approx £600K turnover for end of financial year.