Adult Products Retailer And Wholesaler For Sale

Business description

Summary:
Excellent adult products importer, wholesaler, and retailer. The business supplies a wide range of toys, leather and PVC clothing, costumes, seductive lingerie, and novelties. Approximately 40 items are currently imported with wholesale accounting for approximately 70% of sales, retail from phone orders 25%, and 5% via the web site. Retail sales are growing rapidly from the shop that was opened earlier this year. The business benefits from regular orders of a herbal viagra which totals a average of 8,500 units sold a month. The shop is unlicenced therefore adult films, 18+ cannot be sold at present but stocks are primarily comprised of male/female clothing and accessories. A very good fast, friendly, and discreet service is offered which ensures a high level of repeat customers. The vendors also attend an annual trade show.

Potential:
The business continues to grow as the customer base consistently increases, and the retail sales via the shop will add an additional 20% approximately this year.

Turnover:
Accounts show rapid growth from the fist trading year of £33,000, to £84,000 the second, and a projected figure of £150,000 for this year including retail shop sales. The gross profit is approximately 80%.

Stock:
To be purchased separately at valuation;approximately £25,000.

Hours 10.00:
am to 6.00 pm Tuesday, Wednesday, & Saturday, 10.00 am to 8.00 pm Thursday & Friday. Closed Monday and Sunday.

Legal Fees:
Vendors and purchasers to meet their own contractual costs.

Property information

Property:

Leasehold

Location:

Shop with office of over 600 sq ft, full fitted to good standard with counter and two fitting rooms. Stock room. ACCOMMODATION Good sized lounge, kitchen/diner, 3 bedrooms, bathroom, toilet, large loft. Large rear garden and driveway.

Other information

Reasons for selling:

Partnership split.

Financing available:

The business should readily support loan finance subject to status. For further information please contact Dedman Business Sales.

Contact the seller