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SOLD: Online Niche Retailer Selling Straight Razors, Strops etc (Based Midlands)

Anderson Shaw business brokers successfully sold an online retail business based in the Midlands.

This online business, started by the owner as a hobby in 2006, sells straight razors and associated products across the World.  The unit price of razors offered on the site goes from £60 to £800+ therefore serving both razor users and collectors.  The business enjoys long-established relationships with some of the best producers on the planet and has some valuable exclusivities.  It owns a number of trademarks. 

Having grown the business to a substantial size, capable of supporting a good level of drawings, the owner wished to retire and hence decided to sell.  However, there remain good opportunities for growth - exploiting social media, adding products, developing new ranges etc.

With the product range being so interesting and attractive and the business being home-based and relocatable, the advertising attracted a good level of attention from the beginning.  A high quality buyer emerged at a very early stage and he was keen to secure ownership as quickly as possible.  The deal went smoothly with a strong relationship between buyer and seller ensuring that the 'bumps in the road' during legal stages were passed without too much difficulty. 

Anderson Shaw has offices on the outskirts of Stratford-Upon-Avon and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

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