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Children's Furniture Import & Wholesale Business

MIlton Keynes, Buckinghamshire, United Kingdom

Financials

Asking price: £85,000

Sales revenue: £100,000

Net profit: £50,000

Fixtures value: £5,000

Stock value: £60,000

 

Business description
Established for 2 years with 2 year pre-set up research, this business is a prime opportunity for the future. It has been a tough decision to make to sell after so much work but having made the decision to emigrate for family reasons I have no choice.

The business occupies a 3,500 sq ft warehouse facility on a local picturesque farm. Having recently received 3 containers from our suppliers in China the warehouse is well stocked. The warehouse is on a rolling monthly agreement and can be taken over or given up at sale. Some stock is stacked and some is racked. The warehouse also acts as a small office area and showroom area.

There is also an optional office facilty, also on a rolling monthly agreement. This office is in the close by town from the warehouse facility (2 miles).

The business has been building its customer base for 2 years and already has many repeat customers. The future drive for this business should be the sales due to the rest of the busienss already being founded. This includes all the contacts and suppliers in China, the shipping agent, advertising streams and two self employed specific sales agents.

This business is prime due to the amount of leg work already completed since the set up. The current stock retails at in excess of £60K, all of which is included in the sale. We will also include new designs planned for Spring 2009.

Without doubt this business can be taken forward in a very big way as it is already way out in front when compared to other similar busiensses. The business could remain as a supplier to independent retailers, as well as the products being superior enough to take to high end retailers to supply direct.

Years established: 2

Employees: 4

Trading hours: 8 to 6

Relocatable: This business can be relocated.


Lease terms
The warehouse facilty is paid monthly or quarterley. The option to continue with the warehouse facilty is available once referenced. Alternatively the warehouse can be emptied if reloacted at no cost to either party.

Living accomodation
No living accomadation offered

Location
Optional Warehouse (£375 + vat per month) - picturesque farm, 2 miles from nearest Buckinghamshire town.

Optional office (£200 + vat per month) - 2 miles from warehouse. Office includes phone, internet, fax, meeting room, mail & courier address.

Expansion potential
The expansion possiblities are unlimited. If you have the funds, manpower and energy then this business could double imports & sales with in 6 months very easily. Although I am moving overseas full time I would be very happy to offer guidance for as long as needed.

Competition / Market
The competition is wide spread throughout the UK. However, the products we offer and the market to which we have aimed has seen no direct competition. The monthly UK publication we have advertised in is the biggest in the UK and throughout the monthly 160 pages plus, there are not any competitors.

Support & training
Having spent 4 years creating the business from the floor up, I appreciate that the training period may take a while. I am scheduled to depart from the UK in October 2008. I would be very happy to dedicate any time required until this time in order to complete a sale. I would also be very happy to introduce the buyer to all the suppliers and associated business contacts in China, something which I see as an essential part of the sale.

Reasons for selling
Regretable sale due to me emigrating for family reasons.

Financing available
Financing can be arranged if required


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