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the UK marketplace for company sales

Online domestic appliance, homeware and parts retailer

Reference
S11083
Turnover
£2m to £5m
Sector(s)
Retail & wholesale
Region(s)
West Midlands
Added
16 November 2023

Business description

Founded over 30 years ago, this appliance, kitchenware, homeware, parts and clothing retailer has regularly adapted to a changing marketplace to grow its list of products and sales. It now derives the majority of its sales from both Amazon and eBay, via two related but independent business profiles. It enjoys an excellent relationship with Amazon and eBay and glowing customer reviews and is well-placed to grow its product list and profits.

The business premises consist of a warehouse, office space and trade counter, which attracts further sales.

Highlights

  • Two separate business listings on both Amazon and eBay, each with top seller status
  • Excellent stock control processes enable the businesses to reposition and adapt their offer to grow profits
  • Impeccable customer review profile attracts sales
  • Experienced workforce will help ensure a smooth handover
  • Solid supply chain and good relationship with blue chip providers
  • Growing, lucrative B2B client base

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2021 (Actual) 3,212,150 78,402
2022 (Actual) 3,281,950 72,416
2023 (Actual) 3,126,020 12,511

Opportunities

  • Increasing the growing B2B client list
  • Developing higher margins through a more prominent website presence
  • Increasing the stock range
  • Complementing the online business with a bricks-and-mortar store (or stores)

Prospective purchasers

  • 100% share sale
  • Business premises will be offered on a new lease, with terms to be agreed
  • Prospective purchasers will be required to sign an NDA

Reason for sale

Retirement

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