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An outstanding opportunity: Cosmetics eCommerce Retailer with double digit growth YOY
With double digit year-on-year growth and strong net profit, this is an outstanding opportunity to acquire a well established, highly respected, 5 star rated business to run independently or as part of a larger portfolio.
Fully re-locatable, strong growth year-on-year and high profit margins, this company is best suited to somebody looking for an established eCommerce operation with 8 years trading history and huge potential for growth. This sector is one of the fastest growth areas within the cosmetics/beauty industry.
The eCommerce operation runs on a state of the art Magento 2 website which is easy to navigate and optimised for maximum conversion.
The store retails almost 3000 products across 120 brands, some of which are incredibly difficult to establish accounts with, this gives a leading edge over competitors.
Customer service is at the heart of business and thus the current owner has created a database of regular repeat customers and achieved a 5 star Google seller rating.
All sales are made directly through the website and no 3rd party platforms are used.
The trading name of the business is trademarked and this IP is included in the sale of the business, along with the domain name, GDPR complaint customer database and social media channels.
This is an incredible opportunity to acquire a well respected operator primed for growth and to carry on the hard work of this creative and hugely talented entrepreneur.
The business currently has assets of circa £240K, mainly stock, not included in the price.
The business is up for sale due to the owner re-locating overseas, however the current owner is happy to stay-on with the business in a consultancy role to continue with growth.
The business is for sale confidentially so interested parties will need sign a mutual NDA.
Due to the realistic valuation and level of interest in the business, all interested parties will be required to provide proof of funding.
The business is currently operated from an office owned separately by the current owner.
International expansion is growing steadily and this should be something a new owner would be looking at pushing.
The current owner is relocating overseas.
The current owner would be happy to stay on for a transition period to be discussed and agreed.
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