A Manchester retailer that sells imports from China and India on Amazon and eBay has gone on sale for £1.6million.
Deals Incorporated was founded by Sardar Sukhvinder Singh Peliya in 2019 and also has a store in Cheetham Hill.
Blacks Business Brokers has been appointed to oversee the retailer’s sale of home goods, toys and accessories.
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The asking price includes both the operating company and the leasehold premises on Cheetwood Road.
Blacks Business Brokers said Deals Incorporated’s turnover was around £800,000 in 2021.
Mr. Peliya originally founded the business as a family business but, following a change in circumstances, he now wishes to sell in order to retire.
Megan Sutherst, Sales Negotiator at Blacks Business Brokers, said, “Mr. Peliya quickly transformed Deals Incorporated into a major e-commerce operation with a strong customer base.
“All the groundwork has been done and the company now presents a turnkey opportunity for a new operator.
“The business would be a great complementary acquisition for an existing e-commerce operator but, given the infrastructure our client has in place, it would also be a great opportunity for someone with a different background looking to get started. in e-commerce retail.
“In either case, there is still plenty of growth on the table, and a new owner could take Deals Incorporated to the next level if they bring a strong marketing focus to the business.”