Established in the mid-noughties, and offering mirrors and picture frames, this quality business sells via a full e-commerce enabled website, Amazon, eBay.and telephone mail order.
Non-seasonal. Sales are consistent all year round. Margins are very good and customers include retail individuals and trade customers (such as shop fitters, hoteliers and interior designers) – all sales are at retail prices. A number of high street stores are also supplied.
The business is offered for relocation requiring some space for storage, packing etc. .
UPDATE. The vendor has been working with their current logistics company who are now able to offer a fulfilment service. As well as dealing with all aspects of dispatch, they are able to store all of the stock at their warehouse, take care of all customer orders, pick, pack, provide monthly stock takes and also offer a customer service option. The business could then be run solely from home without the need for storage if required. This service is available to buyers and would represent cost-savings of at least £1,600 per month off the current overheads.
A wide range of stock is carried, from modestly priced items up to mirrors costing several hundreds of pounds. The full range is offered via the website and Amazon with a limited range on Ebay. Sales come from repeat business, word-of-mouth, Google adwords, social media. Trade customers tend to order by phone so a high proportion of sales come this way also.
There is scope to increase marketing on all fronts – currently a modest budget is given over to advertising, adwords and PR with limited attention to social media. More traditional sales approaches could also be made to hair salons, hotels, restaurants, property developers and interior designers to increase the existing customer base in these areas.
Stock tends be high end ornate designs. A larger contemporary range could be added to increase the breadth of products. It may also be possible to add a budget range.
Please get in touch or download and return the NDA below for full details.