SOLD : Online & Retail Business Specialising in Designer Lingerie & Swimwear – Marketing Price £150,000

  • Niche market operation
  • Classified recently by The Sunday Telegraph as one of the best 50 boutiques outside London
  • 19 major designer brands, 15 of which accounted for over 92% of total sales in 2012
  • Real scope for considerable expansion of product range
  • Growing but totally unexploited overseas trade
  • Valuable client database – over 2,500 on ‘live’ mailing list
  • Average transaction value circa £130 (excluding V.A.T.)
  • Rapidly growing turnover (@50% gross margin) – current year sales on target to achieve at least £275,000 (net profit £69,000) based on owner’s average involvement of just 7 hours per week!
  • Online e-commerce division set up in 2009 and has since grown very considerably – rapidly expanding internet sales (55% increase 2012 over 2011) and now accounts for almost 70% of total sales.
  • Platform exists for dynamic further growth – could readily top £1m (and an operating profit of £0.25m) in next 4 years in the right hands
  • Currently operated from owner’s home and from small retail premises in Dartmouth, South Devon (but profit from shop sales barely covering shop overheads/part-time staff, so overall business profit & future expansion almost entirely reliant on internet only activity)
  • Genuine retirement sale