Ecommerce Website Investment Opportunity in Thatcham, United Kingdom
|Run Rate Sales||USD 55 thousand|
|EBITDA Margin||8 %|
|Local Time||6:06 AM United Kingdom|
|Listed By||Business Owner / Director|
- E-commerce store selling a range of general products ranging from electronic gadgets and musical instruments to cosmetics and fashion accessories.
- At present we only ship to customers living in the UK.
- Our suppliers are based in UK and Europe and we currently have 5 suppliers.
- Run on an asset-light drop shipping model where we maintain the website and list the products with our prices.
- When customers place orders, we secure the product at a lower price from our suppliers who directly ship the products to our customers.
- The average order value is around GBP 70 to GBP 90.
- We used to receive around 40 orders on average during April but due to the COVID-19 pandemic and the lockdowns imposed, the business had to halt operations.
- At present, the operations have resumed and we receive around 300 unique visitors each day, however, our sales have yet to recover.
- The business outsources marketing operations and the e-commerce site is hosted and maintained by a 3rd party e-commerce infrastructure service provider.
General consumer products including electronic gadgets, musical instruments, exercise equipment, cosmetics, apparel and fashion accessories.
Business uses assets owned by the promoter personally. Assets owned by the business include fitness equipment worth GBP 6,000.
Earlier than 15 daysOwner, Fitness Equipment, Milton Keynes, Individual Investor / Buyer connected with this business
Earlier than 15 daysDirector, IT Consulting, Rochester, Individual Investor / Buyer accepted business proposal