Retailer that sells imports from China and India on Amazon and eBay handed £1.6m price tag - Business Live

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A Manchester retailer which sells imports from China and India on Amazon and eBay has been put up for sale with a price tag of £1.6m.

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A Manchester retailer which sells imports from China and India on Amazon and eBay has been put up for sale with a price tag of £1.6m.

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 sale of the homewares, toys and accessories retailer.

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The asking price includes both the operating company and the leasehold premises on Cheetwood Road.

Blacks Business Brokers said the Deals Incorporated turnover about £800,000 in 2021.

Mr Peliya originally founded the company 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 has quickly built Deals Incorporated into a significant e-commerce operation with a strong customer base.

"All the groundwork has been done and the business now presents a turnkey opportunity for a new operator.

"The business would make an excellent bolt-on acquisition for an existing e-commerce operator but, given the infrastructure that our client has put in place, it would also be a great opportunity for someone with a different background who wanted to move into online 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 were to bring a strong marketing focus to the business."