- Business ID:2899
- Price: £69,950+SAV
- Annual Turnover: £46,956
- Business Category: Online & E-Commerce
- Location: Greater Manchester
- Tenure: Not Applicable
- Living Accommodation: No
- EPC Rating: Not Applicable
Sovereign Business Transfer are delighted to bring to the market a well-established jewellery and accessories business based in Manchester, but can easily be relocated.
The business has an enviable website and customer base. Instagram has attracted 21,000 followers as well as amassing 4,700 new customers in the last 12 months and an email list of 2,000 subscribers. Pinterest, TikTok and Facebook are all steadily growing with hundreds of followers.
This online operation has a loyal returning customer base in the region of 18% who are repeat purchasers. The average spend per client is in the region of £18.00 per order with a 49% profit margin.
The turnover April 2021 to April 2022 was £46,956 with a net profit of £22,764. During the last 12 months the website has had in excess of 100,000 visitors. All sales are channeled through the web site offering various forms of payment as well as an extended payment option.
This highly lucrative home based business could extend it’s product range to men’s jewellery, unisex accessories and other fashion commodities coinciding with the website.
Expanding the product should see an exceptional growth in sales, as well as marketing to other parts of the world in order to grow in international markets.
Postage and packaging is easy for customers as 90% of all products sold are supplied locally.
This amazing online accessory establishment which was only founded in May 2020 needs an entrepreneur to use this as a bolt on or continue to grow this business to the next level.
An appointment to discuss this business comes highly recommended.
- Business ID: 2899
- Priced to Sell With 5* Reviews
- Excellent Opportunities For Growth
- Genuine Reason For Sale
- Can Be Relocated
- Prominent On All Social Media.
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