Total of 18656 firms and businesses for sale today Thursday 18th April 2024
Sold. London Greeting Card Publisher
LISTING DETAILS
Firms For Sale ID:
34503
Vendor reference:
BFS3734
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
Undisclosed
Turnover / revenue:
£81,000
Net profit / cashflow:
£66,000
Years established:
1960
Employees / staffing:
The owner is currently working part time in the business with one bookkeeper who comes in one day a week.
There are not any other employees.
Business website:
OTHER DETAILS
Reason for selling:
After over 50 years running the business the owner wishes to prepare for retirement.
Financing available:
Gross profit 82%.
Turnover has decreased dramatically over the last few years due to the owner taking a relaxed interest in the business.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Expansion Potential
The purchaser would acquire an established, high profile Company known for innovative product, strong in the export market and with a loyal client base.
The Company is smooth running with low overheads and an enviable profit margin.
Huge potential for a sales orientated purchaser to significantly increase the companies turnover and with it the existing high profit margin.