Excellent On line Retail Party Activity Suppliers
- Asking Price: £8,000 +SAV
- Turnover: Party Teddies generated an advised turnover of circa £9,500 in its first full year trading.However, in the six months from 1st April – 1st October 2018 the business turnover was circa £7,000.The assets are worth in the region of £3,000.
- Tenure: Business Only
Hilton Smythe welcomes to the market Party Teddies, which was established by our client in 2017. Our client started this business believing it to be a part time proposition and has come to realise that the business requires full time commitment in order to grow the business to the next level.Party Teddies allows its customers to build a bear in the comfort of their own home or at a hired party venue with their many adorable teddies. Customers can choose their favourite teddy from over 30 build your own bear kits, including,• Unicorns • Dinosaurs • Bears• Household pets and other animalsHow It works.1. The customers contacts Party Teddies letting them know how many children or adults, they want to cater for and choose the animals of choice from the range on the website. 2. Party Teddies will then send on the chosen animal, stuffing, heart and birth certificate, for the party goers to put together. 3. Most parties are for children’s parties of many different age groups and numbering an average of 10 in size. The customer base has been as far spread as the Scottish Highlands and the South coast of England. There is no end to the coverage and turnover as there is currently little competition with only a handful of other companies across the UK doing the same thing.The average cost per animal is between £7 & £10, depending on size and the quality is always assured. Party Teddies has one supplier currently who allows sale of the animal on line via eBay and Amazon as the supplier wants to deal with wholesale rather than retail. This is an area that our client has not looked in to due to the time constraints of having a family. This business would suit a husband and wife team to work full time, rather than the 15 – 20 hours a week that our client has been able to give to the business. Party Teddies has been approached by a major pub chain and Brownies for orders via the website, but due to family commitments our client has not been able to fulfil this commitment, however, our client has all the contact details and will pass these details on to the new buyer.The business is being sold with the website www.partyteddies.co.uk and with a Facebook page which has 5* reviews and most importantly 870 followers. The business also has 5* reviews on Yell. The website was created by our client’s husband, who is a web designer, he is willing to either give tuition on the website or continue to help with operating the website for the new client. The sites domain is paid up until September 2019. There is huge scope to develop the business by looking at the following1. Working as a full-time operation2. Creating your own party experience with party planners3. Send out newsletters via website and Facebook4. Contact the following business types for them to stock the animals5. Pub chains6. Craft shops7. Cubs, Scouts, Beavers, Brownies etc8. Farm shops9. Wedding venuesDue to the fact that our client has only been able to commit part time to the business there are many reasons to buy including,1. A great way to work from home2. A business that can only put a smile on children’s facesHilton Smythe highly advise early viewing to avoid disappointment.
The business is run and managed by our client on a part time basis and would ideally suit a person/couple who can commit full time to the business to take it to the next level.
Party Teddies is a remotely based company that can be operated from home. The business is currently based in Essex; however, our client has had orders across mainland Britain and Northern Ireland.