Inner City, VIC

Online Business - Personalised Labels

UNDER OFFER Label Kingdom is an online business selling personalised stick-on and iron-on labels for kids, aged care, and business. Business was established in 2005, current owner acquired the business in September 2017

ASKING PRICE: $80,000 plus SAV (approx $10,000)

Sales figures as follows:
- FY18 (6 months): $76,056, adj net profit $37,413 (6 months)
- Annual sales under previous owner were at one stage in excess of $200,000 per annum

OVERVIEW
- e-commerce business selling a wide range of labels with the purpose of providing high quality personalised products at affordable prices. All personalised products are manufactured in Australia to the highest standards & quality
- All labels are custom printed and packaged and dispatched by business owner (approx 4-5 hours per day)

STRENGTHS/ BENEFITS
- Home based business requiring minimal external resources
- Strong supplier relationships in place with two main suppliers
- Very well established customer base and social media following
- Can be operated from anywhere in Australia

WEBSITE
- Website built on Opencart platform
- Current owner has given the website a new and fresh design and look

SOCIAL MEDIA/ DATABASES
- Facebook (4k+ likes)
- iContact mailing list (15,000+ subscribers)

REASON FOR SALE
- Current owner has qualified as a CPA and wishes to pursue a career in accounting

Contact Cameron Ryan of Boyd Ryan Business Sales & Consultants on 0411 145 114 for a confidential discussion about this business. Please quote reference BR1316.

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