Corporate Gifts Business In Northern Attica For Sale

Business description

A pioneer in its sector, this niche company ranks among of the most reliable service providers for top quality corporate gifts. Always striving to build long-term relationships with its clients, the company enjoys the prestigious position of including some of the largest Greek corporations in its client list.

Concentration of sales around the Christmas Holiday season and primarily corporate clients result in substantial free time for the entrepreneur for the rest of the year, especially weekends and during the summer.

Current owner operators started out of their homes and do not have the drive to take the next steps forward. The business has grown substantially but there is significant unexplored potential both in new markets and with sales diversification in the local market.

The company exhibited uninterrupted growth up to 2007. Top line growth continued for the first 10 months of 2008. The economic crisis affected the company on the crucial last months and as a result sales for the whole year were below 2007 levels.

Property information

Real Estate:

Lease

Other information

Expansion potential:

The business has not developed its internet sales. Also, current owners have not been engaged in efforts to attract new clients over the past year and a half.

Competition / Market:

Niche player, concentrating on large corporate clients with whom it has built long-term relationships. The overall market for corporate gifts is highly competitive but the specific niche where service is the primary driver for the client is not.

Support & training:

Seller committed to smooth transition of customer base and supplier relation. Transition period determined accordingly.

Reasons for selling:

Burnout

Trading hours:

Mon-Sat normal shop hours, Saturday can be eliminated without material loss of revenue