* Included in Asking Price
Freehold Suppliers of Office Products, Printing, Storage and Distribution Service
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
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.|
Seller Reference #AN034
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