Retailer Of Baby Goods And Nursery Products For Sale

Business description

A fantastic oportunity has arisen to purchase this long established nursery product retailer and on-line business based in South-East London. The business has been trading successfully for thirty plus years and was awarded a Certificate of Achievement in January 2004 by the local council for twenty-five years of continued growth and customer satisfaction. It has grown tremendously since its inception and earned a superb reputation as a major supplier of quality products within the markets served. The business provides a vast range of the highest quality products to their valuable customers.

This business is one of the largest suppliers of baby products and specialises in baby products including baby toys, baby furniture, nursery products/accessories and bath products for babies. The product ranges offered are baby cots, wardrobes, chest of drawers, musical mobiles, changing stations, highchairs, baby bouncers, bath-sets, mattresses, quilts and bumpers, changing bags, baby walkers, pushchairs, strollers, car seats etc.

This is a friendly, intimate family-run business that has served three generations. There is also a secure online store that at present generates a small percentage of business but has tremendous growth potential, as it emulates the traits of the popular high street store.

The business is run from a busy high street location with a large amount of passing trade. It is well known and highly respected in the surrouding areas, people also travel from around the country to shop at the business. The shop has full glass frontage for displays and is conveniently close to car parks, bus stops and train stations, making it very accessible for all customers especially mothers with young children.

This is a long standing business which is very successful, profitable and continuously growing; it is the place to go for anyone looking to purchase anything to do with babies, offering all baby and nursery equipment, clothing, toys and accessories stocking all the major brands. The store has every account available such as Mamas and Papas, V & M, Chicco, Quinny and Maxi-Cosi to name but a few.

The business has benefited from the length of time the owner has been in this industry and from the level of contacts and reputation which has been established over the years. The business offers a wide range of products all under one roof making it easy for their customers to find all that they need.

It is a profitable business and is a fantastic opportuinity for a person to aquire this business which has been established for 30 years and has built an excellent reputation not only in the local area but also throught the contry for providing a wide range of high quality baby products.

Quality Assurance:

Quality is high on the list of this business’s priorities, this is a reason why it stocks all the major branded products and also why it has been running successfully for thirty years.

Clients:

The fantastic busy location of the main road brings in a lot of passing trade for this business, not forgetting the fact that the business has built a very high reputation of service and a wide range of quality products attracting all mothers and mothers to be not only in and around the surrounding areas but also from all parts of the country.

Customer Service:

The cornerstone of the success of this business has been the high levels of customer service this business has provided over the many years of its operation. The business was also awarded a Certificate of Achievement in January 2004 by the local council for twenty-five years of continued growth and customer satisfaction, providing on site back up service and customer repair if necessary.

Key Strengths:

This is a long established business offering an excellent and up to date range of branded nursery products in a superb, busy main road location. The business has an excellent reputation for quality and a wide range of products on offer. Due to its popularity the business has customers from all areas of the country. This business has acquired accounts for all leading branded products.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with low overheads, positive cash flow, high gross and high net profit and has shown consistent growth over its 30 years of trading. Current Turnover is circa £400,000 per annum. The business has stock value of approximately £18,000.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable with low overheads, positive cash flow, high gross and high net profit and has shown consistent growth over its 30 years of trading. Current Turnover is circa £400,000 per annum. The business has stock value of approximately £18,000.

Property information

Property:

Leasehold

Location:

The business is ideally located on a busy high street benefiting from a very high volume of passing vehicular traffic and footfall. The store operates from premises with fully glazed frontage with a bright retail interior offering superb displays of stock products. There is ample storage and kitchen/WC facilities. The freehold property is owned by the vendor who will negotiate a new lease with the purchaser.

Business Operation

Expansion potential:

There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the range of products it has provided for its clients. There is a massive expanding market for Internet Sales, which are on the increase. It is considered that a new owner with fresh impetus and enthusiasm can further capitalise on the ever increasing opportunities made available to the company through its reputation and could also benefit from Sunday opening.

Competition / Market:

The business currently does not carry out any marketing activities, however by far the most cost effective marketing for this business comes from its prime location and the strong word of mouth recommendation this business enjoys is a testimony to the excellent reputation this business has. The business also has a fully functioning e-commerce website which is designed to be simple, user friendly, to the point, easy to use. The website is fully secure and a confidential giving client total peace of mind and offers the convenience of using the service at home or at work, 24 hours a day, 7 days a week. The website is divided into separate categories with an easy search facility. The website is specially developed and integrated to achieve maximum efficiency, minimal staffing and exceptional customer service.

Reasons for selling:

The owner wishes to retire.

Trading hours:

Monday – Saturday: 9.00am to 6.00 pm

Employees:

The business currently has 3 full time staff and 1 part time staff, all of whom are knowledgeable in all the product ranges and are extremely helpful.

Other information

Support & training:

The business runs smoothly and is simple to administrate. The current owners would be happy to support the new owner to ensure a smooth handover