Import/Export Cash and Carry Wholesale For Sale

Business description

** GREAT OPPORTUNITY – ULTRA FLEXIBLE PACKAGE**

Import/Export Cash and Carry Wholesale supply business of household textiles and clothing in the East Midlands
Or
A Development Opportunity for a historic Canalside Factory Building
Or

BOTH!!!!


Freehold / Leasehold – You can Choose!!

Asking price: £125,000 Business
Approximately £ 650,000 Stock Value
And/or £ 1,200,000 Freehold

Asking price includes:

Approximate Turnover of: £1,500,000
Approximate Gross Profit of: £300,000
Approximate Net Assets of : £50,000


This business “package” will undoubtedly be of interest to a diverse range of purchasers, due to the current owner’s flexibility in his approach to the sale of the company and its property and assets.
This dynamic entrepreneurial company has traded very successfully in the wholesale sector for some 18 years. Trading in men’s, women’s and children’s clothing plus a whole host of household textile items and giftware, the company has been very successful in its UK marketing. Plus, it has also been successful in exporting to Europe and Africa.
The company provides excellent direct benefits to the owner, and is well known and respected in its market sector.
The owner of the business, in consideration of his retirement and health issues, has stated that he is prepared to be as flexible as would be provident in structuring a sale of the business to a new owner.

For details of the freehold premises opportunity please see “Premises” below


Equipment:

The company is computerised and uses Sage software for accounting and payroll.


Customer Service:

The company has an established customer base which is serviced daily on a cash and carry and mail order basis.


Growth and Expansion:

The company could easily be relocated to a different location should a redevelopment plan for the current premises be part of an overall plan.


Key Opportunities:

The key opportunities within this package are the two elements of business and premises. Both provide opportunity of differing types. A prospective purchaser has the ability, through the previously spoken of flexibility of the owner, to construct an easy to access package suiting their particular circumstances.

Property information

Lease terms:

The freehold premises from where the company currently trades are a historic canalside factory, of the type that are the basis these days for sympathetic renovations for inner city living. The building represents that kind of opportunity for a developer.
It is worth mentioning that we are informed by the owner that communication masts located on the roof of the property provide an income of approximately £40,000 per annum to the owner also.

Leasehold/Freehold : Leasehold – new lease would be negotiated if required.
Freehold - £1,200,000
Rates: £4000 per annum approx.

Location:

Leicestershire

Other information

Expansion potential:

The company could easily be relocated to a different location should a redevelopment plan for the current premises be part of an overall plan

Competition / Market:

An Internet website is currently under construction for the business along with frequent advertising in one of the prominent local newspapers.

Support & training:

All support and training necessary for a smooth handover will be provided as part of a successful sale package.

Reasons for selling:

The owner of this company is looking to retire on medical grounds and the advice of his doctors.

Trading hours:

Monday – Friday: 9.30am – 6.30pm Saturday: Closed Sunday: 9.30am – 1.30pm

Inventory / Stock value:

£650,000 (included in the asking price)