Facts and Figures
We purchase stock from various UK and European brands and sell them internationally through our online store, amazon, ebay & Fruugo. OVER THE PAST YEAR I HAVE ONLY BEEN SELLING STOCK AND NOT PURCHASING ANY NEW STOCK, THIS IS WHY THE PAST 12 MONTHS SHOWS A HIGHER NET PROFIT THAN USUAL. A P&L OF THE BUSINESS WHEN I WAS PURCHASING STOCK IS ALSO AVAILABLE.
How does your business make money?
We make money from the profit margin generated from the sale of our products, average gross margin around 43%. Net profit per month when business is fully stocked $1469 (see attached report for details)
Why should someone buy this business?
5 star trustpilot reputation dating back many years https://uk.trustpilot.com/review/giftswithstyle.com, number 3 in google for 'contemporary gifts' (in UK). A fantastic, highly trusted small team in india who are very affordable. working for only $5 per hour and can take care of any technical task big or small. The website is automatically and fully synced with amazon, ebay and fruugo so anything listed on the website is automatically listed on those channels with stock levels and orders all synced with the central shopify platform. I think if someone was able to work fulltime on this business it could be very successful. Unfortunately I am not able to do this as have always run gifts with style in my spare time around another business that I now need to focus on.
How can the future owner improve this business?
A more comprehensive range and better social media customer acquisition and engagement.
- Key Words Ranking
- High levels of Automation
- Lots of Repeat Customers
- Outsourced Technical Operations
- Positive Customer Reviews
Opportunities for a new owner
- Launch New Products
- Improve Current Marketing Efforts
Key day-to-day operations
- Customer Support / Service
- Managing Inventory
- Order Fulfilment
- Email Marketing
- Google Adwords
We purchase stock from various UK and European brands and sell them internationally through our online store, amazon, ebay & Fruugo. Over the past year I have only been selling through stock and not purchasing any new stock. This is why sales appear to be falling.
- Customer databases
- Inventory on hand or on order at the time of closing
- Relevant email accounts
- Social media accounts
- Vendor contacts
- Website files, source code and content
- e-Commerce platform accounts
- Google Adwords
Post sale support
This is support provided by the seller when transitioning the business to a buyer.
About the Seller
I was working as a kitchen fitter in the family business in 2009 and decided I wanted to setup another business for myself. Since then I have been running Gifts with Style and really enjoyed the journey, building a business from nothing with no previous knowledge of online retail was a fantastic challenge and I am pleased I did it. A Key member of the kitchen business now wants to retire so I need focus on managing the kitchen business. Unfortunately there are not enough hours in the day to do both.