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CA071-Manuf and Distributor of Business, Advertising and Promotional Gifts

Asking Price: GBP 375000   |  Posted by : Andrew Hudson
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Business Location: United Kingdom » Others » East Anglia 
Category: Manufacturing » Miscellaneous
Description:
Manufacturer and Distributor of Business, Advertising and Promotional Gifts and PVC products
Confidentially offered for sale
Ref No: CA071
Location: East Anglia
Leasehold
Asking price: £375,000

Established in 1988, this business has grown and prospered over the last twenty two years. Initially the business simply distributed promotional items, yet it soon became apparent that by manufacturing in house a whole list of advantages would ensue.

Operating from large purpose built premises, the company is now very well equipped. A large range of Printing, Cutting, Welding and Sewing Machinery ensures the business can deliver a virtually unlimited range of promotional items, business gifts and more recently an ever increasing quantity of wallets, holders and branded products.

Despite the fact that the business has gone from strength to strength, the owners have continued to skipper a tight ship. Most members of staff have many years of service. The team’s experience has helped to ensure that there is a high level of skills throughout the business and this in turn delivers a high quality end product and very impressive rates of efficiency.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
552000
Net Profit: (GBP)
Total profit before taxes
52000
General Information:  
Business Area: na
Year Established: 1988
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 09
No of trading hours: Monday – Friday: 8.0 am -5.0
Reasons for selling:
After twenty two years of consistent success, the owners are looking forward to taking a well earned retirement.
Market competition and expansion:
The one area that is underdeveloped is the whole business of sales and marketing. There is currently no dedicated sales resource and no marketing budget to speak of. By introducing a more pro-active approach and investing in online marketing in particular, this company could rapidly increase its turnover.
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