What’s for Sale?

GroovyHome.co.uk is the home of stylish, chic, contemporary and funky furniture, gadgets and kitchen accessories. More and more people want a stylish home and websites such as this are your entry point into a highly lucrative retail sector. Started in 2013 the website has turned a healthy net profit year and year. Fully operated on a full-dropship supply basis and very low maintenance to run be sure to be get in contact soon to have a chance of securing this website at what is a very reasonable asking price.

What’s included?

• • Domain name: GroovyHome.co.uk
  • E-Commerce Website on ZenCart Platform
  • Extensive Customer DATABASE & MAILING LIST – 5,000+ customers names, email and addresses
  • Comprehensive hand-over document to explain how to run your website and how to grow it
  • Continuation of suppliers along with contact details
  • 5 years goodwill
  • .com website set for launch in America with American suppliers
  • Google Analytics account

The Background

GroovyHome.co.uk was conceived in 2012 by two friends who liked online business and stylish furniture. This passion has created what is now a well established and well respected furniture and lifestyle E-Commerce website. Selling B2C and B2B Groovy Home sells uber-cool items such as Egg-Chairs, Sofas, Tables and stools and kitchenware the website has grown to over well over £100,000 annual turnover for sales of stock that the business has never had to touch.

All stock is sourced from drop-ship or direct dispatch suppliers making this a highly low maintenance and highly reactive website to own. The two vendors have spent time building up the range over the years but have now decided the time is right to move the website on as they are now living in different parts of the world and engaged in other non related ventures and this as they have admitted has lead to a little lack of interest in this website over recent months. Hence we are are able to present this opportunity to The Website Brokers Clients.

The website performs best at the start of the year where there is a lot of B2B business for companies buying furniture they need for the year ahead. The website is also strong in the upcoming pre-Christmas months as items are purchased as gifts. The Website Brokers feel this is the best time to be buying this website with what could be the most lucrative months of trading on the very close horizon.

Financial Details

The Website receives income from sales of physical products. Achieving a good margin of average 15-20% there are very few overheads and the website is run in the vendors spare time. We are offering for sale who is certainly a very fair price and at just under the 2x multiple, offers very good value to the new owners, as we have motivated sellers.

• Last 12 months [Sept 2016 – Sept 2017] turnover:  £114,779.42
• Last 12 months [Sept 2016 – Sept 2017] Gross profit £28,732.32
• Last 12 months [Sept 2016 – Sept 2017] Net Profit £17,485.20
• Please get in touch to see full profit and loss accounts.

Traffic Details

Over the last 12 months Groovyhome.co.uk has received 100,000+ visits. This is a good level of traffic and these visitors are generated from a range of google natural search and from a very profitable google product search adwords campaign. This account is available for takeover by the new owners. Please ask us to see the last 12 months verified google analytics report – more traffic reports / access available upon request

If you are interested in becoming the new owner of this excellently well constructed, well designed, ultra-simple and low maintenance to operate established eCommerce website please contact us here at The Website Brokers imminently as we do not think this website will be on the market long as its a great opportunity for the right person looking to buy an established eCommerce business for sale here in the UK.

Lots of scope for improvement: Currently zero social media presence or  promotion and there is also the .com site set up with American drop-ship supplier and ready to operate in the much larger and more lucrative American market. Great site. Great Opportunity.