Verified Listing
UK-based Asian grocery e-commerce business with RedRickshaw.com & ZingoxFoods.co.uk, 200k+ customers, former £2M revenue, #1 UK mango seller.
Asking Price (Classified)
USD $400,000
USD $300,000
Reduced 25%
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An established e-commerce business in the UK specializes in selling Asian groceries through two websites. It boasts over 200,000 registered customers and more than 54,000 email subscribers, achieving a historic peak revenue of around £2 million annually. Notably, it stands as the leading seller of Indian and Pakistani mangoes in the UK, supported by over a decade of sales data. The business caters to premium Asian and British households, maintaining a high rate of repeat purchases, particularly during mango season, which significantly boosts revenue.
The operations revolve around two complementary online platforms: a primary, well-established brand and a newer one with growth potential. Revenue is generated through direct-to-consumer online grocery sales, with mango season being a pivotal factor. Currently, the business operates in a scaled-down mode due to constraints but holds potential for full growth with a dedicated operations and marketing team.
Predominantly serving UK-based customers with nationwide delivery, the customer base is characterized by high spending and strong brand loyalty built over years of operation. Although current revenues have decreased due to reduced marketing efforts and operational scale, demand remains robust, and the slowdown is attributed to operational issues rather than market factors. There is a clear path to restoring and surpassing previous revenue levels.
The business sale includes both websites, brands, customer databases, and supplier relationships, making it an appealing acquisition for grocery or retail operators, e-commerce aggregators, or buyers aiming to expand offerings with subscriptions or private label products.