 | Manufacture, Distribution & E-Commerce For Sale United Kingdom Advert ref: trb.1304 FINANCIAL DETAILS | Asking price: £300,000 Sales revenue: £350,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: £300,000 |
BUSINESS DESCRIPTION | ? Long Established Company - Recognised Brand
? Strong Product Range in Craft & Needlework Sector
? Over 1000 Copyright Designs
? Additional, Newly Developed Paper Products Web Site
? Readily Re-Locatable – Simple Method of Operation
? Audited sales 06/07 £350,173 @ 72% GP
? Tried & Trusted Marketing Plan, with Good Potential
? Genuine Reason For Sale, Hand Over Period Negotiable
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GENERAL INFORMATION | Years established: 25
Employees: 4/5
Property: Leasehold
Lease terms
The company currently operates from facilities in the West Midlands, occupying circa 5000sf with 5 staff. The outsourcing of the operation means that the business could be moved to more premises of approximately 2500 sq ft, anywhere in the UK.
Location
Midlands based
Expansion potential
There is huge potential for expansion of the company’s activities following recent streamlining of the business. There are new and untapped marketing opportunities already in place, in particular the new web site which is nearing completion and the emerging markets in central Europe and beyond.
Competition / Market
The owner has always relied on recommendations and publicity in magazines in the past. There is an extensive database of customers that is not yet fully utilised for mail shots and other marketing tools. The company has a colour catalogue which retails at £2 and a full retail web site whch is being upgraded. The company also has restarted attending selected craft and needlework shows
Reasons for selling
Other business opportunities
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The Business Partnership - Birmingham Central, Birmingham North & Warwickshire | | | |
