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Deal Opportunities.co.uk

the UK marketplace for company sales

Online retail of smartphone and device accessories

Reference
S7527
Turnover
£2m to £5m
Sector(s)
Retail & wholesale, Technology
Region(s)
UK Wide, Outside UK
Added
01 March 2021

Business description

The company is an online retailer of mid-range smartphone, tablet and smart device accessories targeted at the mass market, offering an extensive selection of products for devices from leading manufacturers, including Apple and Samsung. 

Operating on an international basis, the company has experienced rapid expansion since its foundation and has established a strong position in its industry, with its brand being synonymous with quality products and excellent customer service.

Our clients are now offering the company for sale as they wish to pursue alternative, unrelated ventures.

Highlights

  • Prominent online presence, operating via several leading online marketplaces, including Amazon and eBay, along with its own recently launched e-commerce site, which is rapidly growing in popularity. 
  • Maintains excellent relationships with suppliers, ensuring that it is able to offer excellent products with efficient, cost-effective delivery, optimising profit margins. 
  • Supplies products to thousands of customers based across the globe each year, maintaining an excellent reputation as a trusted provider of effective products. 
  • Experienced management team in place, possessing the expertise required to manage day-to-day operations on an ongoing basis. 
  • Operates from leasehold premises based in the Midlands. 
  • Significant, untapped potential for international expansion through both the company’s own website and online marketplaces, offering considerable scope for further growth.

Financials

  • Achieved turnover in excess of £4.5 million.
  • Turnover projected to rise to £6.2 million in YE21.

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