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JE006 -Fancy Goods and Giftware Cash & Carry

Asking Price: GBP 500000

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Business Location:	United Kingdom » Relocatable » North East of England

Category:	Retail » Miscellaneous Retail

Description:

Fancy Goods and Giftware Cash & Carry
Ref. no JE006
Confidentially offered for sale

Location
North East of England
Asking price £500,000
Shareholders funds exceed £325,000

This cash and carry wholesale business has been established for over 23 years and in our clients hands since inception, offering a professional wholesale service to independent retailers, providing customers with the right products at the right prices with the emphasis on service, value, quality and reliability.

In this time the business has established a successful relationship with suppliers ands customers and growth has steadily increased each year, specialising in the wholesale distribution of a wide range of fancy goods products, including toys, gifts, electrical goods and much more, distributing to a variety of independent and multiple retailers.

The business has built up an excellent unrivalled reputation as a wholesaler of quality fancy goods, and has solid financial figures and regular business from multiple accounts.

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Financial Information:

Annual gross sales: (GBP)	N/A

Yearly Revenue: (GBP) Total yearly sales revenue	N/A

Net Profit: (GBP) Total profit before taxes	N/A

General Information:

Business Area:	N.A.

Year Established:	1985

Is Relocatable?:	Yes

Business closed or an asset sale :	No

Is Home based business?:	No

Real estate status:	No

Number of Employees:	6

No of trading hours:	Monday-9:30am-6:30pm Tuesday- Thursday: 9:00am-5:30pm Friday: 9:00am-6:00pm Sunday: 10:00am-2:00pm

Reasons for selling:	The owner now seeks a more leisurely lifestyle to indulge in personal interests and passions.

Market competition and expansion:	The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively. The company does not have a web presence and there is no doubt that turnover and profits could increase using this additional medium.

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