business for sale

Internet/Mail Order Company

Businesses for Sale

Sale Memorandum


Ref.AB062

Location Web Based Business

Asking Price 450,000

Confidential offered for sale

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Asking price includes:

T/O Circa £1Million per annum

Well established, Internet and Mail order business
Large database of approximately 60,000 names
Significant volume repeat orders
Excellent growth opportunities
Professional secure website
Fully re-locatable business
Superb reputation
Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA

Business profile:

Since inception this enthusiastic online, extreme sports clothing, accessories and hardware company has established itself for its user-friendly consumer website that offers customers excellent functionality and an extensive content of sports products. A high proportion of which is top brand clothing and shoe manufacturers along with related hardware and accessories. The website consumer functions include a dynamically searchable product range with links to its online factory outlet facility.

Today the business has an enviable list of clients and a reputation for delivering the most wanted, up to date, products, which are delivered in the quickest possible time (mostly within 24 hours).

This company is well recognized and highly respected in its field, and has continued to go from strength to strength. This is an ideal business prospect for buyers seeking a future in Internet sales, which promises tremendous potential and a history of strong growth.

Through its impressive and always growing inventory of products, the company constantly strives to improve its services and the satisfaction level of its clientele. Behind the scenes, the administration of the business ensures that the business responds quickly to customer orders.

Mail Order

The mail order service allows customers to purchase products by catalogue, these can be ordered via the Internet site and then orders can then be placed by phone, post or online. Catalogues are mailed on a regular basis to the extensive database.

The Website

The excellent website has a name that is easy to recall and has been designed for ease of use, making purchasing products as easy and enjoyable as possible. The website is fully secure to give customers total peace of mind and offers the convenience of placing an order at home or at work, 24 hours a day, 7 days a week. The website is divided into separate categories with an easy search and find facility and advanced search directory. The online selection of clothing, equipment and accessories is updated seasonally in conjunction with the mail order catalogue. The website offers a selection of popular brand name merchandise and special offers to online customers.

Customer Service:

The business prides itself on taking customer services commitments very seriously. Whether customers place an order by post, telephone or online, staffs ensure they are completely satisfied with the order.

Key Strengths:

The business retails a product range of in demand top brand products from its website and mail order catalogue. The extensive professional website displays the products in a stylish and tasteful way, it has a simple, secure on-line payment and ordering system with a quick find procedure and accepts payments by major credit cards. The company returns a better than average conversion rate due to the easy to navigate web site. Average order values are approx. 40% higher than the industry standard.

This business has carved out a significant market share within its sector and achieved an excellent annual turnover of circa £1Million. The Customer database is circa 60,000+ contacts, many of which are repeat customers. The business has created a comfortable working atmosphere with excellent customer and supplier relationships. Furthermore it has built upon its excellent reputation leveraging its customer relationships to generate on going sales from the Company website and the high quality catalogue.

Growth and Expansion:

There is unlimited potential within this business; the expansion possibilities are endless. The opportunity is ripe for a new owner to broaden the services and products still further by introducing any type of high adrenalin sport, such as launching a ski and snow boarding section, kites, motocross, Jet Ski, Scooters etc which would all naturally compliment the existing business.

The web site is also a great potential source of new clients and further investment in updating the site would generate additional revenue.
Premises:

The company currently rents a unit, but has no commitment. The business can be easily re-located giving one months notice. If necessary, the landlord is prepared to issue any length of lease required by the new owner.
Advertising and Marketing:

A high proportion of the business's revenue has been due to its excellent reputation for quality brand name products and fast turnaround service, which ensures word of mouth recommendations, which in turn is the most effective form of advertisement for any company.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The current turnover is circa £1 Million per annum.
Employees:

Six members of staff run the entire operation.
Support and Training:

Full support and training will be provided for a period of time to be negotiated prior to the sale.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

Next steps

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