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Asking Price$1,655,084
Revenue | $909,489 |
Established | 1962 |
Cash Flow | $133,734 |
Employees | 3 full-time |
FF&E | Undisclosed |
Franchise | No |
Inventory | Undisclosed |
Relocatable | No |
Real Estate | Undisclosed |
Home-based | No |
* Included in Asking Price
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Freehold Suppliers of Office Products, Printing, Storage and Distribution Service Ref.AN034 Location South East London Asking Price £ 990,000 Asking price includes:
Freehold property with value circa £750,000 Turnover circa £544,000 Gross profit circa £244,000 (44.85%) Adjusted net profit circa £80,000 Quality customer base Ongoing distribution service arrangements Business profile: This business was established in 1962 and has been owned and run by the same family since. The company supplies a range of 16,000 Office Products, including Electronic Office Supplies and Furniture (with an installation service). It also produces a wide range of print supplies for many customers and offers bespoke project management, warehousing and distribution services to such prestigious companies as Ryder Ltd and Elizabeth Arden, both of whom have traded closely with this business for over 30 years. The business acts as National Distribution Centre for these customers and has strong, well-established relationships with its couriers and Royal Mail.
Very well established client base, with many clients trading with this company for many years.
Facilities: | Based in South East London, these freehold premises consist of circa 1,600 sq. ft. comprising a basement, extended ground floor with warehousing and storage facilities, first and second floor offices plus a mezzanine. There is a secluded rear garden and the property has parking for two vehicles. |
Growth Potential: | Whilst this company has kept pace with industry changes and diversified as necessary, there is excellent capacity for growth, both with business and domestic consumers through its website (supported by the “Progress” back office system). Pricing is competitive and the increased use of social media and additional targeted marketing would be beneficial. |
Training/Support: | The current owners are willing to stay and facilitate the hand over for an agreed period of time. |
Sale Reason: | This is a genuine retirement sale. |
Ad #59870
Seller Reference #AN034
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