Asking price: £200k < 500k

Sales revenue: £1m < 5m

Net profit: £100k < 250k

Fixtures value: £5,000

Stock value: £20,000

Business description
Business description
This company was established in 2004. Its core business is the retail of consumer electronics products such as digital cameras, game consoles, memory cards, accessories etc on its own online shop and UK online marketplace. It also has a database for over 8000 wholesale buyers.
Annual turnover is between £2-2.9 million, forecasted turnover in 2008 is £2.5-3 million. Finance avilable for suitbale buyers.
Fully re-locatable.
Reason for sale: owner emigrates to aboard at end of 2008.

Key Strengths:

The business has established a strong customer database since 2004 Great opportunity to expand.
Good warehouse facilities.
Huge Growth market, fast turnaround.
Low Stock, low staffing level.

Key figures:

250 orders per day on average
£34 per item on average
Total sale £8000+ per day
Annual turnover: £2.5 million

Years established: 2004

Employees: 4

Trading hours: 24 hours

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
Rented office in Britannia Business Centre in Luton, monthly rental at £850, all inc.

Location
Business is in Britannia Business Centre in Luton, easy access from M1, junction 11. Fully re-locatable.

Expansion potential
By expanding product categories and online marketing, turnover can can be over £5 million in 1-2 years.

Competition / Market
Competition does exist with some established competitors. However, this is the fastest growing maket with fastest turn over. This industry sector is approved one of the best for selling on the net.

Support & training
3 month full time (9-17.30)

Reasons for selling
owner emigrates to aboard .

Financing available
Finance is avilable, will disclose in first meeting.