Calling all foodies and entrepreneurs with a passion for classic British fare! This established online pie shop presents a delightful opportunity to step into a thriving food and beverage business.
A Well-Established Online Presence with Loyal Customers
This e-commerce store, operational since 2010, boasts a strong reputation for delicious, handmade pies delivered fresh throughout the mainland UK. The business benefits from a highly memorable domain name, first registered in 1999, ensuring excellent brand recognition and organic traffic through search engines.
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Key Features and Competitive Advantages
- Unique Selling Proposition: Specializing in traditional London pies and mash, this store caters to a niche market with a loyal customer base.
- Excellent Profitability: Generating a monthly profit of GBP £3,588 with a healthy 40% profit margin, this business offers a strong return on investment.
- Low Overhead Costs: With no ongoing marketing expenses and a streamlined fulfillment process, this business is easy to manage and maintain.
- Scalability and Growth Potential: Unexploited marketing channels like social media and online advertising present exciting opportunities for significant sales growth.
- Established Customer Base: Repeat customers are a cornerstone of this business, highlighting the quality of the products and exceptional customer service.
- Simple and Efficient Operations: The user-friendly content management system and well-known e-commerce plugins streamline daily operations.
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Financial Performance
This online pie store is a proven money-maker, with a monthly profit of GBP £3,588 and a respectable profit margin of 40%. The asking price of USD $61,301 translates to a revenue multiple of 0.5x and a profit multiple of 1.2x, making it an attractive proposition for serious investors seeking a stable business with room for growth.
Reasons to Buy
- Strong Brand Identity and Loyal Customer Base: This established business benefits from a memorable domain name, excellent SEO, and a reputation for delicious food.
- Simple and Manageable Operations: The user-friendly website platform and streamlined fulfillment process make this business ideal for both experienced and first-time entrepreneurs.
- Unexploited Growth Potential: With no current marketing efforts, this business offers significant potential for revenue growth through strategic online advertising and social media engagement.
- Low Overhead Costs and High Profitability: The low-maintenance operational model allows you to maximize your profits.
Take a Bite Out of This Delicious Business Opportunity
Don’t miss out on this chance to own a piece of London’s culinary heritage! This well-established online pie store offers a unique opportunity to enter the food and beverage industry with a loyal customer base and a proven track record of success.
Perfect for:
- Existing food businesses looking to expand their product offerings.
- Aspiring entrepreneurs with a passion for the food industry.
- Individuals seeking a profitable online business with a manageable workload.
Before Making an Offer
- Conduct due diligence by verifying the seller’s information and financial data.
- Analyze website traffic metrics to understand customer demographics and buying habits.
- Schedule a call with the seller to discuss the business in detail and ask any questions you may have.
After a Successful Offer
- Secure a formal purchase agreement outlining the terms of the sale.
- Consult with a legal professional to ensure all legal aspects of the transaction are addressed.
Disclaimer: This blog post contains affiliate links, which means we may earn a commission if you make a purchase through them. This comes at no additional cost to you. We strive to provide accurate information, please note that product details and availability are subject to change. Always refer to the seller’s website for the most up-to-date information.