AH109 -Luxury Branded Gift Service Primarily Aimed at the Corporate Sector
Business for sale
Asking Price:
£200,000
Turnover:
£507,000
Annual profit:
£70,000
Audited accounts:
Yes
Management accounts:
Yes
Business description
Established for more than twenty years and originally founded on the current Owner’s interests in wine. this business is firmly established as one of the leading luxury gifting companies in the UK.Recognised as a brand in its own right and operating primarily in the corporate gifting sector, this business offers a collection of ready made food, drink and associated gifts, tailor-made for all events, special occasions and times of the year – ideal for weddings, engagements, birthdays and special celebrations right through to the arrival of new babies. Alongside its off the page gift ‘Collection’, the overwhelming majority of turnover, approximately 80% in all, comes through the business’s bespoke gifting service – gifts prepared to specific Client briefs and budgets, often combining individual items from the range available, to create that unique personalized gift.
Much more than just champagne, chocolates and flowers, this business operates very much at the premium end of the marketplace. The gifts are sourced from a constantly evolving collection of premium, luxury brands incorporating products across the full spectrum. Each gift comes beautifully wrapped in very stylish instantly recognizable packaging with a message card inside, packed to order and generally delivered the very next day – at a range of prices to suit every budget. Whilst the overwhelming proportion of turnover comes from the Corporate sector, the business also accepts individual personal orders which can be placed via the business’s excellent e-commerce website.
The key to the success of this business is the extraordinarily high levels of customer service it offers its Corporate customers. Many of its Clients use this business as a way of saying ‘thank you’ to key customers or to make up for their own mistakes or lack of service. It is essential therefore that this business doesn’t just match but greatly exceed the expectations of not only its Clients but the actual gift recipients.
Employee details
Fulltime staff:
3
Parttime staff:
1
