• Listing ID: 1160903
  • (Seller ref: 0553)

Highly Profitable Scarborough Based Online Retailer For Sale


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Asking price:
£375,000
Sales revenue:
Available on request
Cash flow:
Available on request

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This is a rare opportunity to acquire a unique business opportunity with some truly unique selling points.
 
This business is established as one of the UK market leaders in on-line art and canvas prints and has been trading for nearly 5 years.
 
The current owner established the business himself, and through persistence and hard work has developed a
substantial business with an outstanding reputation, and most importantly with significant profits.
 
The owner has redeveloped the website 3 times in 5 years in order to stay ahead of its competition and give the customers what they want.The business has four main avenues of art product, these are photos on canvas, canvas art prints, multiple canvases and pop art portraits.

The Wall create website is a very modern, technologically sophisticated and well marketed area of the business.
The website receives around 980,000 page views a year world wide with over 12,000 visits a month. There are over 6,000 art products available through 4 galleries, the website allows customers to purchase with ease and within a secure on-line environment.
 
The core of the business is a customers own photos printed on to canvas, for example, a customer would provide a photograph of their choice, which would then be professionally printed and stretched onto canvas and sent direct to the customer.
 
The website also uses most advanced 3D Virtual photo software available. The customer can choose from over 90 product sizes and shapes, choose the depth or thickness of the frame, and rotate the canvas three dimensionally.

They can then apply 12 effects and view the canvas within 5 virtual rooms. The interface bridges the imagination gap between the photo on a customers computer and the printed product that is delivered to their home.
 
The core of the customers are one time buyers, or repeat purchasers, however, with the creation of a new catalogue, the company is seeing an increase in “corporate” purchasers for companies such as the NHS,BBC, bluefinn, pkr.com and so on.
 
The company has invested substantially in Search Engine Optimisation to ensure its presence is constant, as well as using social media and other highly lucrative markets.
 
For the potential purchases the future potential of this business is massive. There are so many new developments currently in production and many other potential markets that the business can take advantage of:- Including worldwide franchising, mass purchase websites, smart phone apps, hundreds of new personalised art products etc.

The turnover of the business has more than doubled in over 2 years, and this growth should be set to continue as we come out of the recession. The business also bucked the trend as it continued to thrive during these tough economic times.

The business only traded 42 weeks of the year in 2010, and had a turnover of £171,000 (approx). Should the
business trade all year, projections show a £200k+ turnover.
 
We believe an ideal purchaser would be a buyer with a passion for art or print, or a competitive business operator who can see the growth opportunities available. The business has substantial profits as well as a fantastic and unique platform for future growth. With the right owner, this business has immense potential for development.
 
Viewing essential


Property:
Leasehold

For more information about this business for sale, click the Contact Seller button.


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