Sector: IT Computer - Online Retailing
Established in 2011 this predominately online store hit $1 million turnover in its first year of trading.
Located in South East Queensland, the business was created by seasoned online business experts. Using the trusted e-commerce platform Magento the company sells thousands of high-end kitchenware products from brands including Scanpan, Circulon, Joseph Joseph and Pyrex to national and international customers.
The company has built a strong online presence through online marketing, sampling, paid internet advertising and search engine optimization resulting in growing their database to 25,000 clients. However, there is still opportunity to continue to grow the business by expanding distribution channels and customer base.
The sale of the business was conducted by our Licensee Mr. Rudy Weber using Lloyds Tender Process in conjunction with the application of Lloyds Target Marketing produced some spirited offers which resulted in a highly successful Sale this is our second Sale to that major online Company.