Asking price: £94,950

Sales revenue: £275,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Well Established Supplier of Office Stationery, Furniture & Computer Equipment to the B2B Market

This business set up some 20 years ago by the current vendor provides a comprehensive range of products to the office and business market place. It has a comprehensive range of product lines on offer and these include items within the following ranges:

• Office stationery
• Office machines, accessories and consumables
• Furniture and office environment
• Facilities management (inc catering, janitorial ,health and safety items etc)
• Miscellaneous (bespoke printing, business gifts, promotional materials)

The business has established an enviable reputation in the market it serves and this is illustrated by the impressive range of customers it has within both the public and private sector. It is truly a one stop shop for the majority of its clients and has built up an excellent portfolio of key suppliers who ensure consistent and reliable supply of product at very competitive prices.

The business markets its products and services both online and via an impressive catalogue service. Customers can order via phone, fax, e-mail or buy online. Goods are dispatched direct from the suppliers generally. The business does also hold stock of popular lines and can deliver direct to their customers as and when required.

Equipment/Technology:

The business has a fully networked computer system with an integrated web sales order system( including full digital catalogue). The back office is remotely hosted which allows the vendor great flexibility in terms of management. The "Horizon" hosted platform offers operational guarantee complete with technical support giving worldwide access.



Customer Service:

Customer service is based on speed of response, be it initial enquiry right through to speedy delivery and complete order fulfilment. Clients are able to order by either using a comprehensive catalogue or by logging on to the company website and ordering on line.
The company keeps clients up to date with offers and new products and services through the website and quarterly mailers. This company can boast an excellent level of customer retention and high levels of repeat business.

Key Strengths:

This business is well established with a fantastic reputation for choice, knowledge, great prices and efficient service levels. It has an excellent advertising and marketing platform already in place and a huge database of clients from a wide range of markets including B2B, local authority, regional accounts and a small number of national accounts. The back office systems can be managed remotely and the business has low overheads with no premises and low head count. It is in an excellent position to grow.

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. Current turnover is circa £275,000. Current stock levels are circa £5,000 which is testament to the excellent supplier relationships this business enjoys. The company has restructured over recent times and now has very low overheads. This company represents a significant opportunity for a new owner to drive this well established business on through its next period of growth. By his own admission the current vendor has not been able to commit himself 100% to the business in recent years due to his other business commitments.

Years established: 1991

Employees: 1FT/3PT

Trading hours: Monday to Friday: 0830 – 1730 Interactive Website 24/7

Relocatable: This business can be relocated.

Location
North Wales (Yet Fully Relocatable)

Expansion potential
The owner suggests that further internet advertising would certainly increase sales revenues, as would a true strategic database development programme. The business has a good mix of clients, many of whom have multiple sites and additional opportunities ripe for expansion. There is no reason why a new owner could not expand the coverage of the business to further develop existing regional and national accounts and to do more direct deliveries.

Competition / Market
The business has a highly informative suite of marketing information including a very impressive interactive website which enables online transactions, as well as both annual and quarterly catalogue publications/mailers which it sends out to customers with their orders.

Support & training
The current vendor is willing to provide a handover and training period to ensure continuity of trading as required.

Reasons for selling
The director wishes to concentrate his efforts in other commercial ventures he currently has interest in.