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Latin American Fair Trade Arts & Crafts Wholesaler For Sale

(Ref: LC1356)

Undisclosed, Avon, United Kingdom

Financials

Asking price: < £200k

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: £200,000

 

Business description
Currently based close to Bristol but could be relocated anywhere within the U.K. or overseas. Business established early 1980’s. Net takings £124,268 in 11 months to 31/7/09 (Gross Profit margin 88%) from wholesale supplies to 120 shops and on-line retailing. Impressive website with secure on-line shopping facility. Optional leasehold 8,360 sq.ft. light industrial unit @ £30,000 per annum rental or relocatable. Scope to expand significant U.K. and international client base. NIL PREMIUM for Goodwill. Stock at valuation circa £200,000.

Relocatable: This business can be relocated.

Property: Leasehold


Lease terms
Optional lease on 8,360 sq.ft. light industrial warehouse/storage/office premises

Location
Currently based close to Bristol but easily relocatable anywhere within the U.K. or overseas.

Expansion potential
Scope to expand significant U.K. and international client base

Reasons for selling
Vendor concentrating on other unrelated overseas business interests.


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