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Ref. CO183

Location : Relocatable

Asking Price : £495,000 plus SAV

Turnover : £1,090,000

Net Profit : £254,000

Gross Profit : £472,000

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Relocatable

Confidentially offered for sale

  • Turner Butler

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Accounts Year Ending April 2019:-

Sales (inc VAT) £1,090,000
Gross Profit: £472,000
Net Profit To New Owner: £254,000

Asking Price Includes:-

Annual net profit to new owner as per filed 2018/19 accounts of £254,000
Premium domain name & website
15 years trading history
Unique product, some exclusive
Professionally managed Twitter account with 28,000 followers
Professionally managed Google Adwords account
Online blog
Top Google organic listings
High average order value of £250+
All manufacturing and supplier contacts
Potential for Amazon and EBay retail sales, and wholesale of the 3 exclusive machines.

Business Profile

This online business sells high quality branded adult products to a large database of new and historic customers. Three top selling products are manufactured exclusively for the business by two reliable and long standing Chinese suppliers. A wide range of third party products are also sold, making up 300+ different items in total.

Current Operation:-

The current owner uses the services of a relative’s warehouse for a full picking, packing and despatch service at £2,000 per month + VAT. The owner processes all orders himself up to warehouse stage, so there are no direct employees.

The owner has a provisional agreement in place to move all stock to a fulfilment warehouse in December 2019. The fulfilment company operates software that links directly with the online website to auto process, pick, pack and despatch orders without any direct employee or staff involvement. The quoted cost of this service will be less than the current £2,000 per month paid for warehousing, packing and despatch.

A new owner would therefore have the option of operating the business him or herself without employing staff, with the owner’s involvement being only to deal with customer queries and to buy in stock.

Alternately if a new owner has their own warehouse available, the current pick, pack and despatch side of this business can be easily integrated.

Reason For Sale:-

The 66 year old current owner has developed serious health issues over the past two months that necessitates a sale.

The owner may be willing to finance a small part of the selling price at standard business loan interest rates, fully secured on the business and website assets.

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