Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Freehold Suppliers Of Office Products, Printing, Storage And Distribution Service
LISTING DETAILS
Firms For Sale ID:
32964
Vendor reference:
AN034
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£990,000
Turnover / revenue:
£544,000
Net profit / cashflow:
£80,000
Years established:
50
Trading hours:
Monday – Friday 8am - 5.30pm
Number of employees:
6
Employees / staffing:
The business is run by three family Directors/Executives with the addition of 1 x General Manager, 1 x flexible Delivery/IT/Marketing employee and 1 x experienced sales administration/processing employee.
OTHER DETAILS
Reason for selling:
This is a genuine retirement sale.
Support and training:
The current owners are willing to stay and facilitate the hand over for an agreed period of time.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Freehold Suppliers of Office Products, Printing, Storage and Distribution Service
Ref.AN034
Location South East London
Asking Price £ 990,000
This business was established in 1962 and has been owned and run by the same family since. The company supplies a range of 16,000 Office Products, including Electronic Office Supplies and Furniture (with an installation service). It also produces a wide range of print supplies for many customers and offers bespoke project management, warehousing and distribution services to such prestigious companies as Ryder Ltd and Elizabeth Arden, both of whom have traded closely with this business for over 30 years. The business acts as National Distribution Centre for these customers and has strong, well-established relationships with its couriers and Royal Mail.
Very well established client base, with many clients trading with this company for many years.
Back Office System:
The company operates “Progress” a leading business software system for the industry, offering powerful trading and accounting functions together with detailed stock control, movement history and analysis, facilitating the financial reporting and history required by its Prestige customers.
Expansion Potential
Whilst this company has kept pace with industry changes and diversified as necessary, there is excellent capacity for growth, both with business and domestic consumers through its website (supported by the “Progress” back office system). Pricing is competitive and the increased use of social media and additional targeted marketing would be beneficial.