Freehold Bunting And Hand Waving Flags Manufacturer For Sale

Business description

HISTORY

• The business was originally founded by the vendor over 13 successful years ago

REASON FOR SALE

• The business is only now being offered for sale to enable the vendor to pursue an alternative unrelated business venture

PRODUCTS

• The business focuses on the manufacture and sale of bunting and hand waving flags

CUSTOMERS

• The business has an extensive UK based client data base with no over reliance on any single client
• Approximately 40% of sales are trade based clients with the remaining 60% to retail customers

STRENGTHS

• An extremely well established business which has been trading for over 13 years
• Excellent customer reputation with a very high repeat and referral trade from other satisfied clients
• Good customer spread with no over reliance on any single client
• Outstanding new annual sales of circa £875,000 which is growing steadily year on year
• Very reliable staff with a low turnover rate
• Excellent web presence





DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises

Property information

Property:

Freehold

Location:

• The business operates from spacious freehold premises based in the Midlands.

Premises details:

• Spacious premises arranged over 2 floors with parking in front of the unit with additional owned spaces and free of charge parking around the industrial estate
• The premises also benefits from being fully double glazed and with a full alarm system

Business Operation

Expansion potential:

• Approach any export markets with the appointment of overseas agents
• Major events in 2012 include the Olympics, European football finals and the Diamond Jubilee
• Due to the excellent profitability of the business, a manager could be appointed to run the business on behalf of a new owner
• Offer additional products such as;
o Banners
o Car flags
o Football flags etc
o Import products from Far East and Europe
o Digital printing
o Large format banners (including building wraps)

Trading hours:

• Weekdays 9am to 5pm
• Occasional weekends if required to meet a deadline

Employees:

• 6 full time staff including the vendor. • 2 part time staff, one of whom works for 2 days per week and the other for 4 days a week