The business in question was established a decade ago with an initial physical store located in Brentwood, Essex. In response to evolving market dynamics, the business transitioned to an online model in April 2020, expanding its product offerings to include a range of merchandise from T-shirts to sports equipment. Its primary revenue stream is derived from online sales, facilitated by sourcing inventory from suppliers which is then branded and sold through their online platform. The current owner is looking to sell the business after ten years, in pursuit of new ventures and opportunities. While specific details about the number and value of inventory units remain undisclosed, the business's brand assets are considered valuable. The enterprise has established a significant presence on social media, boasting 67,000 followers on Twitter and 30,000 followers on Instagram, indicating a strong brand engagement and online community. As part of the sale agreement, the existing owner offers post-sale support to ensure a smooth transition to the new proprietor. Overall, the business presents an established brand with a decade of operational experience, an effective online sales model, and robust social media engagement, creating a promising opportunity for potential buyers to capitalize on its market position and existing assets.
Flippa’s platform is free for buyers. Here are our tips for first-time buyers:
Before making an offer
1. Look for verified sellers. Sellers should verify their email, phone, and government ID. When a seller has completed all verifications, we identify them with a checkmark like this:
2. Review financials. Financials are seller-provided inputs. Always ask for verified financials. Ask for a tax return or request access to their dashboard. if it’s an ecommerce store get a transaction report.
3. Review traffic. Sellers can grant you access to Google Analytics. Ask for read-only access to verify site traffic.
4. Schedule a call. Communication is key. The best way to find out more is to speak directly with the seller. For your protection, keep all communication within Flippa.
5. Make the offer on Flippa. We’re here to help. Flippa does not charge buyers and by making an offer on Flippa you’ll get access to our post-sales support team.
1. Agreements & Contracts.
Connect with a US-based lawyer or purchase asset-specific template legal documents via Flippa Legal.
2. Conduct Due Diligence.
You can conduct this yourself or use our trusted network of industry-leading due diligence partners. They can provide in-depth analysis, identify hidden risks, and independently assess the value of the business. Learn More