Internet/Online Retailer of Domestic Appliance.
Spares & Accessories.
Ref. AI040.
Location : Merseyside /Relocatable
Asking Price : £200,000
This reputable and very well established independent business specialises in the online retail of domestic appliance spares and accessories. The business was originally set up back in the late 1970s as a traditional retailer and established a sterling reputation within the North West as a trusted, well stocked supplier of domestic appliance spares and consumables.
Whilst the business has developed into an online success, a part of the original business format has been maintained in that, whilst 95% of sales are online, the business still operates a retail counter where customers can come in and collect goods direct, whilst still benefitting from the online rates the business offers.
Due to its impressive growth over recent years the business has more recently relocated so it can carry the right levels of stock to serve its growing customer base. The company has invested in third party inventory and stock management controls to manage this growth effectively and profitably.
The customer base is huge, particularly the online base. The business enjoys impressive levels of repeat business from such online customers, mainly due its competetive prices, stock availability and speed of service. In addition to this many service engineers from across the North West frequently use the company as their supplier of spare parts for domestic appliances. The business also has a regular loyal customer base.
The business has a strong online presence and successfully retails through its own website and also across 2 major online portals – Amazon and EBay –feedback levels are very impressive and rising daily!
The company experiences very low return rates.
This online business is totally portable and scaleable. Its customer base, and supply chain for that matter, has grown year on year.

Posted Jul 26, 2016

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