Wholesale Distributor of Fancy Goods and Giftware For Sale

Business description

This cash and carry wholesale business has been established for over 23 years and in our clients hands since inception, offering a professional wholesale service to independent retailers, providing customers with the right products at the right prices with the emphasis on service, value, quality and reliability.

In this time the business has established a successful relationship with suppliers ands customers and growth has steadily increased each year, specialising in the wholesale distribution of a wide range of fancy goods products, including toys, gifts, electrical goods and much more, distributing to a variety of independent and multiple retailers.

The business has built up an excellent unrivalled reputation as a wholesaler of quality fancy goods, and has solid financial figures and regular business from multiple accounts.

Products on offer are carefully sourced to provide one of the best selections available to the market place. In order to continue to meet the demands of today's discerning retail customers, the business continually reviews its ranges, sourcing new products from different manufacturers and suppliers across the United Kingdom.

The business has the advantage of being partly computerised for multiple accounts, and otherwise utilises traditionally written delivery notes followed by typed invoices and statements.

The business offers an excellent opportunity to build on a firm and profitable base. No specialist skills are required to run the business, and the only technical requirements are a basic understanding of a computer system.

The business can easily be relocated and there are many opportunities to expand the sales and product mix.

Customer Service

This business maintains an extensive base of satisfied repeat accounts and individuals who appreciate prompt, friendly service, reliability, convenient hours and reasonable, yet competitive prices.

Key opportunities

There is an excellent opportunity to build on the existing base of this company. With an ever-growing demand for products and capacity to increase turnover, a new owner would contribute fresh ideas and outside influence to build on an excellent base.

There is potential to expand the cash and carry trade further by increasing the level of marketing.

Property information

Property:

Leasehold

Lease terms:

The premises are leasehold, and rent is currently circa £25,000 per annum.

Location:

The premises are fully equipped and provide well-suited space for this business, the building is well maintained and has separate office space and excellent signage. The premises are leasehold, and rent is currently circa £25,000 per annum.

The leasehold property is located adjacent to and established high street in a very pleasant area close to all amenities and benefits from a high volume of passing traffic.

The geographical location of business has been responsible for high levels of repeat business, the city centre is compact with fast, efficient travel and bus services, and good access to major roads and motorway networks.

Other information

Expansion potential:

There are several excellent avenues for growth, especially by expanding the business hours of operation, and with increased advertising and promotions.

The owner has decided, rather than take the business on to the next level; he will leave the growth to the new owner. The business is a turnkey, with a relatively short learning curve for the new buyer and a knowledgeable; business confident buyer will easily make that transition.

Competition / Market:

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively. The company does not have a web presence and there is no doubt that turnover and profits could increase using this additional medium.

Reasons for selling:

The owner now seeks a more leisurely lifestyle to indulge in personal interests and passions.

Trading hours:

Monday: 9:30am-6:30pm Tuesday: 9:00am-5:30pm Wednesday: 9:00am-5:30pm Thursday: 9:00am-5:30pm Friday: 9:00am-6:00pm Sunday: 10:00am-2:00pm Bank Holidays Open/Closed