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Fast growing online ladies fashion business

Tyne and Wear

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Ref: 1616
Category: E-Commerce Biz
Location: Tyne and Wear
Estimated Value: £400k
NO. of Employees: 5
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More Information

Fast growing online fashion brand, aimed at women aged 25-50.

Strong online presence with social media following of 130k+ reaching in excess of 2m per week.

5-Star ratings & excellent reputation.

First FY turnover of circa £800k after a low order returns rate of 31.8% (against industry average of 40%+)

During Q4 of Yr 1 the business saw significant investment in distribution and infrastructure to prepare for aggressive growth in Yr 2 (profit 3%).

Huge Potential.

Currently halfway through Year 2. Year 2 projections: T/O £800k, profit 12.5%. This has been adjusted to account for the recent impact of Coronavirus pandemic and is conservative.

Low cost premises 3-year lease with optional break clause Sept 2020.

Selling due to owner’s other business and family commitments.

Key points
  • Loyal customer base & outstanding reputation for customer service
  • Inventory of £175k included in sale
  • Experienced & lean team in place
  • Based in North England & could be relocated
  • The business will be sold without debt