Knightsbridge Business Sales Ltd are delighted to announce the quick sale of Say it with Bears, an award winning, £200,000 turnover online gift retailer, to private buyer Chris Pownell for £190,000, in a deal which completed in September 2013, less than 7 months after coming to market.
Established in 2004 by the current owners, its success was instantaneous, and it rapidly developed a reputation as a pioneer of the personalised gift sector, offering customers a unique ‘gift experience’. Boasting excellent search engine rankings, a strong social media profile, and a mailing database of more than 60,000, the business benefits from high levels of repeat custom and word of mouth recommendations and referrals from its loyal customer base. Recent success has been obtained through larger ‘one off’ orders from hotels and corporate clients, an area that is now being aggressively exploited. Further corporate accounts and the development of an Ebay or Amazon presence offers vast scope for further growth.
Gemma Moss, Manager for Knightsbridge Business Sales Ltd who negotiated the sale on behalf of our client, was thrilled that the sale went through so quickly, allowing our client to retire, and would like to extend her warmest wishes to both parties for the future.
