Upsurge In Sales Of On-Line Businesses, Reports Turner Butler.
Sector : IT & E-commerce Businesses
Listed on : 05 October 2015
Reflecting the increasing maturity of the e-commerce sector, ‘No sale, No Fee’ business broker, Turner Butler has seen an upsurge in on-line businesses successfully sold during 2015.
‘E-commerce as a sector has firmly established itself amongst the top ten sectors of businesses brought to market currently’ said Rupert Cattell, Managing Director of Turner Butler.
Interest in acquiring e-commerce style businesses is equally prevalent, significantly shortening the period of time it takes to achieve a sale, particularly for companies that have a proven track record of many years of successful trading.
Two recent examples are UK Wristband Limited sold by Turner Butler earlier this year and The Footy Shop – a market leader in on-line retailing of football sportswear, both of which sold to private investors easily within the time constraints set out by their original owners, with the latter completed within an astonishing 20 weeks from Turner Butler’s appointment.
Rupert Cattell, who handled both sales added: ‘There was substantial interest in both of these businesses from buyers from the UK as well as overseas. The sales demonstrate that where businesses are competitively priced, such as UK Wristband and The Footy Shop, they will attract high levels of interest. In the past few months, we have successfully completed on the sales of several other e-commerce businesses, with more deals in the pipeline due to complete shortly.”
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