Thriving Internet Based Business With Two Retail Outlets For Sale

Business description

The particular highlights of the business are:
- A well established business.
- Good loyal clientele.
- Fully equipped business with favorable lease terms (see below).
- Turnover in excess of £71,000 with a gross profit of 51%. (See financial summary below).
- The business has grown throughout and survived the recession.
- A business with great potential and with some investment would give very high turnover.
- An easily run operation with very little staff.
- A good first time buyers business and ideal purchase for couple.
- Very low overheads.
- A niche concern with very little competition.
- Business enjoys superb local reputation.
- The concern provides home and gift ware over the internet and 2 retail outlets, one that does not need staff.

History
Agents are delighted to place onto the market this great internet and retail business which has been established since 2008. The business has been in the hands of the current owner since 2008 and now wishes to sell to start an import business.

Services
This very good business opportunity provides home and gift ware over the internet and by 2 retail outlets.

Staffing
The concern does not require staff. Staff provided by trading partner.

Owners Role
The owner is involved in the day to day running of the business.

Marketing
The owner markets the business and has a website.

Competition
There is no local competition.


Market
The client base consists of passing trade and internet base customers.

Opportunities
The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line.
• With the introduction of an enhanced website and e-commerce.
• With further investment.
• Investment in stock.
• Possible franchising opportunity in the future.

Training and Handover
The owner would be available for an extensive training and handover period for the benefit of the new owners if required. The Owner would also be happy for an on the job observation period to assess the business prior to offers being made.


The present annual turnover is £76,000 with a gross profit of 55%. The present value of the stock is £12,000.
The potential turnover of the business within the next 2 years is forecast to reach £180,000 pa given the changes that are required to be made to the business. Full financial disclosure is available on request after viewings and the signing of a confidentiality agreement.
Please note we do not guarantee the accuracy of these figures which are in many cases estimated and are not verified. Please do not rely on the accuracy of these figures and seek professional help before making any offers. We will not be held liable for any inaccuracies in these figures or any other statements contained in relation to this business.

Disclaimer
These details do not constitute part of an offer or contract.
The statements and descriptions given are made without warranties by us who it should be noted have NOT verified the information provided.

Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations ,figures and information given on behalf of the seller.

Property information

Property:

Leasehold

Location:

- Situated in large shopping centre area in Surrey and a further retail outlet in a high street location.
- Prominent location on main arterial road.
- Excellent parking facilities.
- Industrial estates nearby.
- Surrounded by densely well populated residential area with schools and other local amenities.
- High levels of passing trade.
- Good volumes of traffic and pedestrian flow.
- Commercially thriving area.
- Area enjoying much growth and re generation.
- A lifestyle area.
- Excellent local demographics for this type of area.

Premises details:

The business is run via the internet and has the benefit of 2 retail outlets. The other outlet has the same rent and includes a store room and office space. This unit can be unmanned as the outlets staff deal with customers and process all sales and take in stock.
Both units are feed via this site.

Business Operation

Expansion potential:

The concern has huge potential. In particular the turnover and profits can be increased by:
• Increasing the marketing activity with direct mailings and local and internet advertising.
• Increasing the product line.
• With the introduction of an enhanced website and e-commerce.
• With further investment.
• Investment in stock.
• Possible franchising opportunity in the future.

Competition / Market:

There is no local competition.

Reasons for selling:

now wishes to sell to start an import business.

Trading hours:

Shopping Centre - Monday to Saturday: 9.00 – 5.30pm
Sunday: 10.30am – 4.30pm
Shop trading hours Monday to Friday: 9.00am – 4.00pm
Saturday: 10.00am – 3.00pm
Sunday: Closed

Employees:

The concern does not require staff. Staff provided by trading partner.

Years established:

3 years

Other information

Furniture / Fixtures value:

£500 (included in the asking price)

Inventory / Stock value:

£12,000