E-Commerce Audio Video Accessories Business For Sale

Undisclosed, United Kingdom

Advert ref: 10699NR

Business description

BUSINESS HISTORY SBS Commercial is pleased to offer for sale this e-commerce audio/visual accessories business which our client is placing on the market in order to pursue other business interests. The business was founded in early 2003 by the vendor and has seen turnover grow impressively to £740k/annum. They supply a wide range of Audio/Visual accessories that includes furniture, brackets, stands, trolleys, cables etc. Their combined catalogue contains nearly 10,000 items, many from major suppliers such as B-Tech; Vogels; Alphason and Optimum. Sales are generated via three websites together with an e-bay store and an Amazon store for which they are currently achieving a 97% plus customer satisfaction rating. The business has, as their growth over the last five years proves, established an excellent search engine presence and benefits greatly from strong search engine results for key search terms – examples of which are available to interested parties on request. Their customer base is nationwide and extremely varied with business users, local authorities as well as the general public – basically anyone who can purchase over the internet. FUTURE GROWTH Although the company has shown impressive growth to date there is still significant potential for further expansion through the establishment of ‘Pay Per Click’ advertising campaigns, together with utilising the extensive and as yet untapped customer data base for direct marketing via e-mail or mail shots. SUPPLY CHAIN They have excellent discount structures and credit facilities with major UK suppliers and are achieving an impressive stock turn ratio in excess of 20 times per annum, thereby minimising the amount of capital tied up in stock to approximately £30k at any one time and maximising the business’s profitability. Many items are never held in stock, customer orders are processed automatically with the items being despatched directly from the supplier/manufacturer. STAFF Day to day management of the business is carried out by the vendor with the assistance of one full time employee and part-time agency staff as required. SUMMARY This is a well run, profitable e-commerce business and one that we believe would appeal to anyone seeking a new business opportunity in a market that continues to prosper despite the problems with the credit crunch. Early viewing is highly recommended.

Years established:

5 Years

Employees:

Vendor + 1 full-time + agency as required

Trading hours:

Mon – Fri: 9.00am – 5.00pm Sat & Sun: Closed

Relocatable:

This business can be relocated.

Location

The business is currently run from a small warehouse and office unit with a total area of approximately 1300 square feet. However, because of the nature of the business it would be easy to relocated and run it from anywhere within the UK.

Expansion potential

FUTURE GROWTH Although the company has shown impressive growth to date there is still significant potential for further expansion through the establishment of ‘Pay Per Click’ advertising campaigns, together with utilising the extensive and as yet untapped customer data base for direct marketing via e-mail or mail shots.

Support & training

As required from the vendor

Reasons for selling

Other business interests

Financing available

On request via selling agents subject to status

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Financial details

Asking price:£185,000

Sales revenue:£740,000

Net profit:£78,000

Furniture / Fixtures value: Undisclosed

Inventory / Stock value: Undisclosed