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EJ034 -Cash and Carry Wholesaler - Trade

Asking Price: GBP 495000
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Business Location: United Kingdom » Relocatable » South Coast 
Category: Wholesale & Distribution » Durable goods
Description:
Cash and Carry Wholesaler - Trade
Ref.EJ034
Location South Coast
Asking Price £ 495,000
This business is a professional trade only wholesale cash and carry service for independent retailers that stocks a wide range of items including confectionery, drink, batteries, smoking provisions, giftware, tools, underwear, watches, kitchen and housewares, toys and games, electrical, car accessories and cleaners, £1 lines and branded clearance goods, etc., with new stock constantly arriving.

Owned by the current vendor since 2002, the business is constantly busy with very little local competition. With on-line ordering facilities the business is now established across the UK and abroad including Malta, Spain and the Falklands. 100% Cash and Carry, the business has a very small minimum order level and delivers using couriers plus its own vehicles for local deliveries to small local independents across Hampshire and Dorset.

The majority of goods are sourced in the UK with a small percentage from Europe, customers can purchase from the on-line catalogue which showcases in excess of 1,500 items across a range of popular categories.
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: 2002
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: The owner works full time in the business assisted by three full time staff.
No of trading hours: Monday – Friday: 9am – 5.30 pm Customers can buy On Line 24 hours a day
Reasons for selling:
The owner now wishes to retire and take life more easily.
Market competition and expansion:
The best form of advertising for this business is "Recommendation". The business has an excellent and well designed website for on line ordering, which is easy to navigate and approximately 85% of business is gained through this medium. A high percentage is repeat business and word of mouth recommendation. With limited advertising being used in the past there are excellent opportunities to increase this and market the business more aggressively. A large percentage of new business is generated from customer referrals, bearing strong testimony to the business’s excellent reputation.
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