|
Asking Price
£30k
Description
The business was bought as a going concern in June 2005. It had been trading since 1987 and was sold due to the ill-health of the previous owners. We manufacture and sell aromatherapy based skin care, pure essential oils and related products through mail-order and over the internet. It has a customer base of around 5,000 names and addresses, of which 1,000 – 1,500 buy regularly. Many of these customers have been buying from us for over 15 years. When the business was bought, we purchased only the name, the formulas for the creams, the customer base and the goodwill. It had previously been trading with two main retail outlets as well as the online and mail-order sales. In June 2005 the online and mail-order sales were £15,000. By 2006 turnover was up to £27,000 and 2007 took the turnover to £34,000. By year end May 2008 we are on target to be between £30,000 – 34,000. The business has a sound customer base but requires time and investment in order to sustain the growth. Due to other work commitments we are unable to continue this in the long term. This is why sales have remained consistent but not increased as they did in the first and second year of trading.
|
