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Online Retailer of Limited Portfolio of Special Interest Branded Footwear

Includes a famous and now “gated” brand

Ref. AB243

Location : Berkshire

Asking Price : £120,000

Turnover : £750,000

Net Profit : £60,000

Gross Profit : Undeclared

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Leasehold

Asking price: £120,000 + Net Assets

Business highlights include:

Turnover circa £750k per annum
Adjusted Net Profit circa £60k
Stock (Trade value) circa £190,000
Stock (Retail value) circa £500,000

Comprehensive website with full e-commerce
Fixtures & fittings
“Hard to get” brand portfolio
Exceptional EBay & Amazon presence
Significant Goodwill

Business Profile

Extremely well established online footwear retailer specialising in a discrete portfolio of high added-value brands, one of which is very famous and is now “gated”; only access via businesses such as this is now possible. The business was established by the present owner in 2007 and has been a Limited Company since 2008.

The business has developed an enviable Ebay presence that results in a high degree of direct sales. Customers that begin their relationship with this retailer through its Ebay and Amazon accounts tend to become long term customers with the main retail site.

The real power and energy of the online shop comes from the quality and reputation of the Ebay and Amazon accounts, the nature and fame of the brand portfolio and the high levels of customer service and satisfaction they generate.

By virtue of the quality of relationship that this retailer has with key brands, it is offered Limited Editions, which increase in value over time, as they become rare and collectable.

Not surprisingly, the shop enjoys a good level of patronage – including many international customers on the company database; the store enjoys a high perecentage of repeat custom, empowered by the nature of the brands represented.

The target market for the online shop are a combination of special interest groups for whom key brands matter greatly.This cultural significance covers all age groups.

This opportunity is an ideal business for anyone looking to engage with or looking to acquire the more rare or very hard to find footwear brands. Alternatively, for someone already in the sector looking for a strong performing, additional outlet to bolt on to their existing business activities.

Equipment:

The shop has all the equipment normally associated with a business operating in this sector and has full e-commerce capabilities.

Customer Service:

This online retail shop is renowned for its customer service, paying attention to customer’s requirements and offering a delivery service anywhere in the world.

Key Strengths:

• Exceptional Ebay and Amazon ratings
• Very rare brand portfolio
• The breadth of brand choice in combination with the quality of service provided by the overall service, makes this online retail shop stand out among the many competitors
• The shop is very well known among its special interest groups.
• Favourable courier rates
• The stock holding is various and retains its high value over time, often increasing in value

Key Opportunities:

The business could:

• Increase its brand and product portfolio
• Go beyond footwear
• Develop a stronger Retail Brand presence for the shop
• Widen appeal to other special interest groups

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover circa £750k per annum
Adjusted Net Profit circa £60k
Stock (Trade value) circa £190,000
Stock (Retail value) circa £500,000

Asking Price:

Offers are invited for 100% of the ownership of the business on completion (calculated on a zero cash-zero debt basis). There will be a £ for £ adjustment to the asking price to reflect any rise or fall in this net asset position as at completion.

Advertising and Marketing:

Internet only.

Growth and Expansion:

The business has grown organically and with further marketing for both the shop and website could build on the existing excellent customer base.

Premises:

The premises are leasehold with 1 year remaining (until 2018) on a 3 year renewable lease. The square footage is circa 1,100 sq. ft. and includes a stock room and office.

The rent is circa £6,000.

Business Hours:

Monday – Friday : 09:00 – 18:00

Employees:

The vendor is ably supported by two key staff, equally responsible for stock management, picking, packing and customer service enquiries.

Support and Training:

Owner would be happy to stay and hand over for a negotiated period of time.
The owners are happy to provide training for an agreed handover period.

Reason for Sale:

The vendor wishes to follow other areas of business interest.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532
info@turnerbutler.co.uk
www.turnerbutler.co.uk