Wholesale rope products

Online sales of hobby/craft related items

Revenue €800k – €900k

Profit Profit

Sector Wholesale · E-commerce

Industry Webshops

CountryNetherlands

Region Western Netherlands

Province Province

Sold
FTE
FTE
Legal form
Legal form
Type of customers
Client Type
Offered on behalf of.
Screened

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Revenue €800k - €900k
FTE 2-5
Description

The business started selling online in 2019 and has managed to grow to annual sales of 800K over the past 3 years. The market in which the company operates is stable and the business has now built a close customer base (read: fan base). The acquisition of new customers is going very well, so the business is adding many thousands of new customers to its customer base every year. Meanwhile, the organization has assumed a stable position in the market and has become the No. 2 player in Europe. Customers come from all corners of Europe, with a current focus on the Netherlands, Belgium, France and Germany. Further growth in Europe is easy and fast to achieve. The business sees many opportunities in Southern and Eastern Europe and has a stable and close-knit team that works complementary to each other. The business atmosphere is familiar and all colleagues work very hard on the success of the company. With the current occupation, the business can grow 200-300%. Then the team will have to be further expanded, mainly in the warehouse. The location is also large enough and can accommodate even a 1000% growth in sales.

Company activities
Online sales of hobby/craft related items in Europe to consumers and quasi-consumers. Wholesale sales started in Q3 2022 and various opportunities can be exploited in the next six months.

Distinctiveness
The business has a sophisticated and modern system with which order processing is carried out extremely efficiently. The thing that gives the organization a huge advantage (500% more efficient) over the competition, which is mainly old-fashioned and labor-intensive. The competition, consisting mainly of one international party, often struggles with long waiting times and late deliveries. The company's marketing statements are unique and attract a lot of attention from the market. As a result, the business has been able to experience rapid growth and has great potential. The website (read: the organization's store) is extremely customer-friendly and several surveys show that this puts the business far ahead of the competition. The website is logically laid out, works quickly and error-free, unlike those of its competitors. Furthermore, the results of various customer surveys tell us that the company's customer service is far above average for the market. Finally, the business's website is best found organically on Google. The shipper the business works with is 20-30% more affordable than its competitors. Finally, the business has a huge network of retailers, chain stores and wholesalers in the industry of interest to them.

Other
The business sees many opportunities and is currently running into a stop on further growth due to an insufficient budget. Inventories have risen to a market-based 120K in recent years, leaving insufficient room to further grow the assortment (main desire from market surveys). With an injection of capital and knowledge from an experienced entrepreneur, the business will grow into a European market leader in the next three years, with an expected annual turnover of 5 - 8 million and a value of 5 - 10 million. The investment will initially be used to further expand the assortment, in both length and breadth. At the same time the offline sales through the network will be expanded rapidly and a budget will be reserved for customer retention and the growth of the fan base. Acquisitions of European competitors, starting a production facility and expanding the sales area outside Europe are opportunities that can/will be exploited after three years. The business is owned by two entrepreneurs who are looking for an investor/partner with knowledge and network to further grow together and realize goals. A complete sale is not an option.

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Revenue €800k – €900k

Profit Profit

Sector Wholesale · E-commerce

Industry Webshops

CountryNetherlands

Region Western Netherlands

Province Province

Sold
FTE
FTE
Legal form
Legal form
Type of customers
Client Type
Offered on behalf of.
Screened

Verified by Brookz

The business has already been sold and therefore you can no longer comment on this profile.

Guaranteed response from the seller
This profile is up-to-date and available.
100% independent platform
Revenue €800k - €900k
FTE 2-5
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