The sale of the business includes a variety of assets crucial for its operation and growth. These assets are the business domain and website template, a Magento backend, valuable supplier contacts, a comprehensive product catalog of over 25,000 items, and a detailed database containing contact information for more than 5,000 potential buyers in the UK. As part of the sale, the current owner is offering three months of free consultancy to aid the transition and ensure business growth, along with guidance on setting up sales channels on platforms like Amazon and eBay. There is also an optional opportunity to sell directly to Amazon, with potential revenue projection of £300,000 per month. Maintaining the business requires managing sales and coordinating orders with suppliers or third-party fulfillment partners.
The sale is motivated by the owner's need to focus on other demanding business ventures. Revenue is generated through Amazon and eBay, with plans to incorporate additional payment solutions on the new website. Main expenses include stock costs, fulfillment, packaging, and software tools.
Current marketing is largely driven by Amazon and eBay, with potential for expansion through strategies like Google Shopping. The owner sees significant growth potential in developing additional sales channels.
The seller is an experienced businessperson with a background in starting and growing a successful retail company into a multi-million-pound operation. They now work in supply chain management, providing stock to major UK retailers. This experience and their resources will be leveraged to support the new owner in developing the business.
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