Sold
Portfolio of 3 Well Run E-Commerce & Wholesale Businesses For Sale
Plymouth, Devon
- Asking Price: £106,711 +SAV
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Turnover:
We are advised the 3 businesses generated a turnover of circa £900,000 as of 2019, further financial information can be made available upon request.
Please quote reference B06196
- Tenure: Leasehold
Please quote reference B06196
The business trades via 3 individual ltd companies, which handle each revenue stream individually.
CoGoGo welcomes to the market DMI International Distribution LTD, a well-established e-commerce and wholesale business, which was originally established by our client in 2002. Only now does the business come to the market as our clients are looking to retire.
The business generates income via online sales from the user-friendly websites, eBay and Amazon with customers from all over the world. In addition to the retail side of the company, the business also supplies B2B, with the wholesale side contributing to around 45-50% of the income. The B2B customers comprise of large chain convenience stores and off-licences, with direct billing accounts in place.
The stock includes a number of high-quality brands, including the companies trademarked brand ‘Digimax’. The company is also the exclusive distributer in the UK to one of the leading brands.
Since establishment, the business has built up a fantastic reputation for supplying its range of products at great prices. The sales platforms are all highly rated on Amazon and eBay accounts with many positive customer reviews, the company also has an informative website along with eBay and Amazon shops. Over the years the current owner has built excellent working relationships with suppliers, based in the Far East. A handover period will be offered to introduce the purchaser for a smooth transition to new ownership.
The business has shown a strong financial profile, turning over in the region of £915,000 per annum.
Reasons to buy
- Well established with an excellent reputation.
- Handover period offered.
- Good return on investment.
- Scope to improve the business operationally and financially.
- Website
- Storage systems
- Amazon and eBay accounts
- Computer systems
- 3 Vans
The business is ran by 3 full time staff members and 1 part time staff member.
The business is trading 24/7 through the online platforms.
Ideally located at the centre of a busy mixed-use retail, business park.
Within easy reach of Plymouth city centre, commonly known as the UK’s ocean city. Apart from the waterside attractions and the harbour itself, the national marine aquarium is circa 15 minutes’ drive away
Excellent public transport, and local road networks link the surrounding towns. The A38 is just a few minutes’ drive away which is connected to the M5.
The business is fully relocatable, however there is an option to lease or purchase the current trading premises by separate negotiation.
The 4,000 sqft industrial unit, which is split into 2. The 1st comprises of a large warehouse, with a mezzanine floor for additional storage. The 2nd has 5 offices upstairs. On the ground floor there are male and female WC, kitchen area, storage room and office.
Tenure
We are advised the business is being sold on a Leasehold basis with an E-Commerce aspect included, rent is £12,000 per annum with a new 7-10 year lease to be confirmed with a new buyer.
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