Hilton Smythe welcomes to the market The Ink Squid, a multi award-winning e-commerce supplier of ink and toners.
The Ink Squid was originally founded in 2010 and has been under the careful control of our client for nearly 10 years. It now genuinely comes to the market as our client looks towards other business ventures.
The business generates income via on-line sales from the user-friendly website, eBay, telephone and email orders, supplying compatible ink cartridges, toners and photo paper for desktop printers.
95% of trade is carried out either online or by phone/email, making the business completely portable. The website is up to date with all products offered, though our client advises improvements could be made to enhance sales. There is a staggering customer base of over 50,000. The business is a trusted supplier to many schools, colleges, small businesses and charities, including a large nationally well-known charity, most of whom order in bulk. This arm of the business could be extended with further marketing.
The business has a fantastic reputation for supplying the products at great prices with a free delivery service. Customer reviews state 'Fantastic prices and really helpful when advising on potential new products to buy...saved me a fortune!’ and ‘Excellent prices along with first class customer service! I would highly recommend using The Ink Squid to anyone.’
We feel with an injection of advertising and marketing there is potential for further growth. In addition, the business stocks ink cartridges for American printers - one of the few companies in the UK to do so - and this could also be pushed more.
The company’s eBay account is 5 star, with feedback of over 41,000 @ 99.9% positive and eBay sales are iro of £300 per day.
This is a fantastic opportunity to invest in a clearly sustainable mail-order business.Location
The business is relocatable, but currently operates out of a unit in Blackpool.Premises
Equipment Included in the sale comprises of:
- Website domain.
- Customer database of over 74,000 email addresses.
- Storage shelving and stands.
- Stock at value is iro £40,000.
Business only - Relocatable.Hours
No staff required - the business is currently owner ran.Financial Profile
The business reports a healthy turnover of £206,959 with a gross profit of £148,000.