Unique South West Retailer Of Promotional Products For Sale

Business description

• State of the art mobile showroom
• high quality website and online catalogue
• run from home with very low overheads
• unrestricted territory
• considerable growth potential
• offered for relocation

LOCATION:
The vendor operates the business, which is offered for relocation, from his home in North Devon and has been servicing clients mainly in Devon and Somerset, although there are others much further afield. The potential exists to expand the territory considerably.

BUSINESS:
This is a rare opportunity to acquire an established business operating successfully in the promotional products sector with two distinct routes to market.

A very professional website and internet business allows clients to source over 1,000 products from the on-line catalogue, whilst face to face clients encounter the state-of-the-art Mercedes mobile showroom which really does have a ‘WOW’ factor, (a word most used when customers step aboard) and which has been a major reason in securing some very large orders when targeting local authorities, clubs, schools and businesses of all shapes and sizes from Bristol to Penzance.

Repeat business is considerable and almost anyone is a potential customer:
• Small garages buying tax disc holders, keyrings and window stickers,
• Industrial companies buying mugs, pens, diaries, calendars
• Accountants and solicitors purchasing umbrellas, high quality pens and desk items, and
• Charities buying printed Tee-shirts and Baseball Caps.

The range of products is enormous and a database of over 10,000 items means virtually anything can be sourced, from pens for less than 20p to MontBlanc pens that sell for £250 each. Furthermore, you can put a logo on almost anything, selling products for conferences, exhibitions, new product launches and company branding.

It is an exciting and unique industry with no other known firms operating this system in the South West.

This business offers the advantage to work completely flexible hours from home and travel throughout a beautiful territory in the air-conditioned cab of a Mercedes showroom that is in superb condition and has less than 28,000 recorded miles.

The overall package comes complete with all samples etc to start trading from day one, a business computer program for producing orders and keeping records, an ‘own branded’ product catalogue to give out to customers, a superb website and a massive back-office product database plus an existing customer base including some very important customers.

The vendor offers up to 3 weeks comprehensive training/telephone support.

YEARS ESTABLISHED:
The vendor acquired the business in 2005 as an area franchise of a national operation. The national franchise ceased trading in 2007 since when the vendor has traded on an independent basis. Contacts have been maintained with 7 other former franchisees to secure the benefits of group purchasing where feasible.

TRADE:
Please note that if a business is VAT registered, all figures exclude VAT.
Sales of £68,062 were reported for the year ended 30 September 2011, maintaining a rising trend over 3 years, although the pre-recession record figure for annual sales was £137,819 achieved in the year ended 30 September 2008.

NET PROFIT:
An abridged net profit of £16,509 was achieved in the year ended 30/9/11, up from £14,756 and £14,024 in the years ended 30/09/10 and 30/09/09 respectively.

REASON FOR SALE:
Retirement

STAFF:
The business has been operated from home with the wife of the vendor assisting as required.