£0 £1000000
£0 £1000000

Organic Travel Towels retailer for sale

Stanford-le-Hope, Essex

< 1-7 >

Enlarge

Archived

£29,995 +SAV

Ref: B06281

Business Only

Overview

Please quote reference B06281

Hilton Smythe is delighted to present to the market Club Kokomo, a very exciting and uniquely placed brand established by our client in 2019.

The ethical business model was inspired by a previous trip to Thailand and Bali where our client experienced snorkelling with Turtles in Phuket & scuba diving in the clear waters in Gili. Nearly all species of turtles are now classified as endangered, and it is predicted that all our oceans will have more plastic in them than fish by 2050! This confirmed the company mission to donate to charities which support the saving of our oceans.

Before embarking on the design of the first travel beach towel, it was decided 10% of all profits would be split 50/50 between Sea Shepherd and Surfers Against Sewage.

When creating the perfect travel towel, they made sure they always kept the planet in mind while creating a design that not only looks amazing but is lightweight, absorbent, sand repellent and quick drying.

As you can see from a selection of the photos attached, they have achieved their mission!

Key features of the towel include -

  • Made using organic cotton
  • Only natural materials
  • Recyclable
  • Dry up to 3 times as fast as regular cotton
  • Extra-large in size
  • Can be used as a travel blanket, gym towel, bathroom towel, yoga towel, camping towel, swimming towel, spa towel, sarong, scarf, shawl or even wall covering!
  • Delivered in packaging using recyclable paper
  • Folds into a small space
All of the designs have been specifically made for Club Kokomo and will form part of the transfer price.

These include -

  • The Sun Striped Range - choice of 8 colours using 100% organic Turkish cotton
  • Marine Life Collection - the turtle Mandala towel & seahorse Mandala towel (both available in 2 colours)
Prices on-line range from £28 - £35

Our client uses the following platforms to both advertise and sell the towels -

  • Own website (with online ordering facility) - 4.9/5 customer review score
  • Amazon - 203 excellent ratings (UK & USA)
  • Instagram - 3,000 followers
  • Facebook - 1,271 followers
  • Twitter
  • Pinterest
Our client also stocked up for a number of festival events that unfortunately due to the Covid pandemic were cancelled.

The business is now being run to suit due to the other business interests of our client, he identifies this as one of the main reasons he is now looking to sell the brand and feels with new input the exciting model will quickly grow.

We recommend, any new owner would significantly benefit from increasing the organic footfall to its own website and decrease 3rd party commissions currently paid.

Due to the Covid pandemic, the businesses natural growth has clearly been affected. As people can start to holiday overseas and start to attend festivals, the demand will instantly increase again.

Key selling points of the brand include -

  • Ethical brand presence
  • Trademarked designs
  • Excellent supplier relationship
  • Opportunity to increase designs
  • Potential to reduce running costs
  • Business handover offered

Turnover
We are advised as per the 2020 accounts, the business generated a turnover in the region of £54,000, with an adjusted net profit in the region of £15,000. Full financials can be made available upon further request.  

Please quote reference B06281

We are advised that the business is owner ran and managed. 

The business is trading 24/7 through their online platforms. 

Club Kokomo is currently run from our clients office in Essex, however the business opportunity can easily be transferred to any part of the country.

The business has sourced local artisans based in Turkey, who are happy to supply orders to any alternative location.

Our client has built up an excellent relationship with a well-known Global fulfilment partner who has excellent locations in both America and the UK.

Any new owner may look to continue with a ‘drop shipment’ model or change the delivery address to suit their own focus.

N/A

Tenure
We are advised that the business is being sold on a Business Only basis. 

Similar Businesses For Sale

16

Highly Rated E-commerce Business For Sale

Consett, County Durham

£34,995 +SAV

Discover Business

11

Highly Rated Wedding Stationery Business For Sale

Hailsham, East Sussex

£19,995 +SAV

Discover Business

7

Highly rated Plant, Gift and Accessories business for sale

Bristol,

£75,000 +SAV

Discover Business

Need help to find your dream business?

Our buyer matching service can help, sign up today.

Find your dream business

    Sales Negotiator Photo

    Tommy Sweeney

    Sales Negotiator

    Need help with finance to purchase this business?

    Hilton Smythe have their very own independent commercial finance broker Hilton Smythe Finance who can help with raising the money to buy your new business.

    Try our finance calculator

    Finance Calculator

    Powered by Hilton Smythe

    £29,995 +SAV

    6%
    £11,998
    £17,997
    5 years
    £0

    60 monthly payments of

    £0

    Apply Now

    Representative Example

    Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83


    Rates may differ as they are dependent on individual circumstances. Subject to status.

    Popular business searches in the UK