Turnover: We are advised as per the 2023 accounts, the business generated a turnover in the region of £33,000. Further financials can be made available upon request.
Tenure:
Business Only
Please quote reference B07661
CoGoGo are delighted to welcome to the market Tender Shea Butter Limited, an exciting online business specialising in the sale and distribution of Shea butter products.
The business was founded by the current owner in 2020 when they identified a gap in the market.
Tender Shea Butter Limited has now come to the open market due to our clients desire to concentrate on other business interests.
The business retails its products through Amazon FBA with 82% of sale going through the buy box. The business is a Prime Seller and utilises the subscribe and save option.
The business also has selling relationships with Etsy and Walmart, with 50% of sales from repeat orders.
The business has expanded its reach to Amazon, where it currently offers two products, with plans to introduce three more before the holiday season. Additionally, we anticipate the delivery of approximately 6000 tubs and one tonne of shea within the next 45 to 60 days.
Key selling points -
A well established business with an enviable reputation and existing customers
Current owner happy to offer a handover to ensure the continued success of the business
Perfect home based business
Ideal owner managed or partnership business
A real opportunity to increase turnover and profits significantly, the current owner has been running at a pace to suit due to his other business interests
The renewal of all intellectual properties (IPs) and the complete trademarking of the brand represent significant advantages, particularly on Amazon.
Scope for further growth -
Advertising and Marketing campaign
Maximise the use of social media
Invest in SEO and PPC to drive new customers to the business