Asking price: £850,000

Sales revenue: £1,700,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Founded in 1981, the business covers all aspects of electronic office supply fulfilment, including computer hardware, software, peripherals, printing, office accessories and office furniture. In addition the company offers an office planning service, from design to full implementation. In the period it has been trading the Company has built a market-leading position within the area serviced, (approximately 40mile radius from its base) and has a strong and diverse list of clients, ranging from business’, to local and education authorities and to government organisations, a broad and lucrative client base but with a huge amount of growth potential and opportunity for further growth.

With a stable, long term work force, combined with longstanding supplier relationships, this business offers obvious value, solid reliability, and great return on investment to its to a potential buyer through its ever-increasing customer base. Averaging 34% gross profit on an average turnover of £1.9 million over the last six years, this is not only a stable company, but one that offers superb growth potential and opportunities to a new owner with fresh vision, focus and drive to take the business forward to its next obvious level of growth.

This is a professional company whose main aim is to satisfy their client base with the levels of customer service offered and next day delivery combined with a realistic and competitive pricing structure. However, areas for growth remain strong as there is always room to improve relationships with customers and partners, add on new product lines, sell more products into each customer and at the same time to streamline operations and achieve greater efficiencies. Supported effectively by management systems focusing on performance, strategic value, return on investment, total cost of operation, ease of integration, administration and with a greater awareness and focus on sales and marketing, will all provide immediate and long term benefits in turnover and profitability within this thriving company.

Because of the flexibility of the premises lease, this is an ideal bolt on acquisition for somebody within this industry to absorb the business into an existing operation, thus significantly reducing overhead and maximising profit. An ideal investment for a business with the vision to grow through the acquisition of the client base and turnover already achieved!

Customer Service:

The business believes it is customer service, and in particular after sales service and delivery, that really sets it apart and works very hard to promote this. It offers the best service and support with highly trained sales and operations staff who provide a truly dedicated in house service that delivers and satisfies the needs of the customers each and every time. It prides itself on “going the extra mile” for its customers and this is reflected in the very high customer retention levels and repeat orders this business enjoys.
Key Strengths:

The company has a wide availability of stock and accessories to suit all budgets. It is also able to source products on request as it has a wide and extensive supply base and knowledge of the market, with some ideal supply partners. The Company's formula for success relies on the wide range of products sold at very competitive prices and prompt and efficient delivery service. Professionally managed, the company supplies all associated products and is very loyal to all parties it works with. It is this flexibility and attention that ensures high levels of customer retention.

The business flourishes on business produced by their long standing and stable sales force, with clients staying loyal, many having been with the business for many years. It has a very large client base ripe for further development.

Location is another great strength of the company. It is perfectly placed within the area it serves with excellent exposure and accessibility to all main roads and motorways.

Employees: In addition to the two owners there are seven full time members of staff. Four are engaged in field sales, one accounts, one administration and one driver/warehouse person.

Trading hours: Monday – Friday 7.00 – 5.30

Property: Leasehold

Lease terms
Because of the flexibility of the premises lease, this is an ideal bolt on acquisition for somebody within this industry to absorb the business into an existing operation, thus significantly reducing overhead and maximising profit. An ideal investment for a business with the vision to grow through the acquisition of the client base and turnover already achieved!

Expansion potential
With more advertising and marketing the business could easily acquire an even larger slice of the market and further exploit the full commercial potential of the business. The market is buoyant and the business is ideally positioned to take full advantage of this with continued growth expected, especially with a constant flow of new hardware and software tools being offered to the market. The company could expand its range of products still further as clients are always requesting further products and services from the company as well as expanding into further retail sectors.

Competition / Market
The business has not used advertising in the past, instead relying on their long term sales force whilst also benefiting from customer satisfaction and the repeat business derived from this. They have maintained an excellent reputation since inception and there is immense opportunity to implement further and more assertive methods of advertising to expose the business to even greater markets. The business for sale would also benefit from a professionally designed website that would offer excellent potential to increase turnover in the future.

Support & training
Full support, detailed handover and training will be provided

Reasons for selling
The owners of the business have decided to follow other business opportunities separately and wish to pass on this successful and thriving business to a new owner with the focus and vision to take it on to its next level of growth potential.