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Finance And Services:

Business For Sale. Well Branded Online Sports Equipment Retailer

LISTING DETAILS
Firms For Sale ID:
34149
Vendor reference:
AB233
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£350,000  
Turnover / revenue:
£1,333,000
Net profit / cashflow:
£104,000
Years established:
8
Number of employees:
1
Employees / staffing:
The business is easily run by the owners in conjunction with a fulfilment company. The vendors are currently spending time abroad which is why the operation is set up the way it is. Basically the fulfilment company does all the work and the owners deal with customer enquiries and stock purchases. As everything is done online the owners can easily run the business from anywhere. The operation is very easy.

OTHER DETAILS
Reason for selling:
The vendor wishes to emigrate once the business is sold.
Support and training:
The owner will provide full support and training over a period of time to be decided, if required.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Well Branded Online Sports Equipment Retailer
Ref.AB233
Location Fully relocatable
Asking Price gbp 350,000 +SAV
Established in 2008, this successful business is an online retailer of a wide range of well branded, popular, in demand sports equipment, including Power Towers; Running Machines, Vibration Plates and Spray Tan Tents etc. The goods are imported from the Far East and excellent trade relations have been established to create a constant supply chain.

The business has its own detailed website plus a well established Ebay and Amazon retail store. The Amazon Store has now been launched and projects to rival the Ebay store. Product ranges are offered with significant savings compared to high streets retailers and the business has gained a reputation for good quality products at competitive prices.

There is approximately a 12,000 plus active private client base with many excellent reviews.

The business is easy to manage and maintain with in house fulfilment and offers plenty of growth and expansion possibilities as well as being easily relocatable.

Expansion Potential
A new owner could increase awareness and increase sales and profits with the introduction of a cross marketing program to the 12,000+ active client base.

The high quality product range supplied could be expanded on as currently a fairly limited selection is on offer. There is the possibility of increasing the offering to customers, this would be a simple process as the contact manufacturer, already used in the Far East, has a whole selection of additional products available.

More attention should be paid to embracing social media as well such as Twitter, Facebook, and Instagram.

Market / Competition / Non-Competition Agreements
The market outlook for this business sector is constant; the business has an excellent website, Ebay and Amazon shop, which holds very high quality standards. However, all of this can be added to, in order to attract even more business, especially by embracing social media, as previously mentioned.