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CP010 -Importers and Distributors of Health, Fitness & Exercise Equipment

Asking Price: GBP 2250000
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Business Location: United Kingdom » Buckinghamshire » Buckinghamshire 
Category: Services » Health Care Services
Description:
Importers and Distributors of Health, Fitness & Exercise Equipment

Product range includes an exclusive, revolutionary fitness system, popular with professional gyms and home users

Ref.CP010
Location Buckinghamshire
Asking Price £ 2,250,000
This independent, successful and market leading Health & Fitness Equipment, import & distribution business was established in 1997 and distributes wholesale throughout the UK a comprehensive portfolio of health & fitness products and accessories to a loyal community of customers; predominantly through a UK dealership network and to gyms, beauty salons, spa hotel & independents.

In recent times the business has met with such success with one of its home fitness products that it has begun to retail through a dedicated website and is now growing at a pace beyond all expectations and represents a significant opportunity for the future.

Retail orders are placed for the most part online through the business’s secure website with online payment. Trade orders are managed through the business’s trained, professional staff, who have extensive experience developing and managing long term client relationships.

Product categories include:

• Proprietary Sleep System
• Fitness Products
• Massage Chairs
• Massage Products
• Health Products
• Accessories

Branding Dealership:

• Sanyo
• Sasaki
• OTO Bodycare

This fast moving market sector has grown from strength the strength over recent years, and with the contemporary focus on alternative health solutions and well being, is ideally set for outstanding growth over the coming years.

This business is well recognized and highly respected in the industry having developed a significant reputation through its combination of products and customer service. The company has become a “one-stop-shop” for holistic health & fitness products and accessories for a great many of its customers and has the advantage of having service excellence as standard.
The business operates from a prime location in Buckinghamshire and has established itself as a market leading distributor for health & fitness products and accessories in the UK. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality products, first class service and attention to detail.
The business has always believed in the pursuit of excellence, constantly reviewing and updating its service commitment and its methods of business, for example its inventory management system and stock holding, ensuring that valued customers consistently receive the very best service and quality of product.
The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its nearly 10 years of trading. The business is further supported by exemplary relations with key suppliers who have helped to ensure that whatever the product, service and availability is never compromised and that customers are as a result never let down. This commitment to supply chain relationships has underpinned this business’s abilities in product quality and sustained business growth.
A key component has been customer service which is focused to a great extent on the quality and ease of use of the website, the place where the reputation of the business can be made or lost. Understanding this has meant that the business has prioritised this area such that it represents as much a high quality promise for its products as it does being a ‘shop window’ for the business.
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: na
Year Established: 1997
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 9
No of trading hours: Monday to Friday from 9am until 5pm.
Reasons for selling:
The owner wishes to pursue other interests in the overseas market.
Market competition and expansion:
TV, Sky satellite, TV shopping, Yellow pages, trade magazines, BT telephone directory, press releases & P/R, local press, trade awareness and posters are some of the ways the business have been advertised in the past. In addition, a large percentage of new customers derive from word of mouth recommendation, the business regards existing clients as their best advertisers and has maintained an impressive base of satisfied repeat customers, while continuing to attract new referrals.
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