Fri, 24 Jun 2022 | BUSINESS SALE
Deals Incorporated, a Manchester-based e-commerce retailer that sells goods imported from China and India through eBay and Amazon, has been put up for sale with an asking price of £1.6 million. The business, which also has a store located in Cheetham Hill, made turnover of £800,000 in 2021.
The sale, which includes the operating company and its Cheetham Hill leasehold premises, has been described as representing an excellent bolt-on opportunity for an established e-commerce firm or as an acquisition well-suited to a buyer looking to move into the e-commerce space.
The retailer was founded in 2019 by Sardar Sukhvinder Singh Peliya and has since grown to be a significant e-commerce operation, making more than 366,000 sales on eBay alone. The business sells a wide range of imported products through its online channels, including toys, accessories and homeware.
The company’s founder initially intended to operate the firm as a family business. However, following a change in circumstances, the owner is now seeking to sell the business and retire. Business transfer agent Blacks Business Brokers has been appointed to oversee the sale process.
Blacks Business Brokers Sales Negotiator Megan Sutherst commented: "Mr Peliya has quickly built Deals Incorporated into a significant e-commerce operation with a strong customer base. All the groundwork has been done and the business now presents a turnkey opportunity for a new operator.”
"The business would make an excellent bolt-on acquisition for an existing e-commerce operator but, given the infrastructure that our client has put in place, it would also be a great opportunity for someone with a different background who wanted to move into online retail.”
"In either case, there is still plenty of growth on the table, and a new owner could take Deals Incorporated to the next level if they were to bring a strong marketing focus to the business."
Find out more about the state of M&A in the e-commerce sector.
Find businesses for sale here.
If you are looking for an exit, we can help!.
The business is an independent local company committed to providing it’s customers with a personal, friendly and efficient service at the right price. Even for the most discerning of purchasers, this is a superb opportunity to acquire a very well kno...
FREEHOLD
Substantial convenience store with counter news and off licence. Boasting a double fronted premises in the region of 1,340 ft² with industrial non slip lino floor, lighting panels. sales counter – epos till with card reader, 3m serve over chiller, 1....
FREEHOLD
An industrial unit. cctv (12 cameras). single fronted with roller door and vehicular access. concrete floor, brick walls and glass roof. Two epos cash positions, commercial printer, adjustable shelves.
LEASEHOLD
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.