Distributor & Retail of D J Equipment For Sale in North London- Business 4 Sale .co.uk

Business Summary

Following in excess of 20 years in trading and retailing high-end Audio Visual equipment, the vendor established this stable and growing business in 2005 to focus on the Professional Audio and D.J equipment sector.

From the outset the business has focused on its reputation for delivering all types of equipment, including hard to find and discontinued items. Alongside the major OEM electrical companies, and the high-end niche manufactures, the business stocks from a wide range of suppliers across the industry. As such they have developed a true one-stop shop for the AV installer, Professional D.J., and Nightclub / bar looking to source and implement the best equipment in the market.

The business sells mostly through wholesalers and distributors, with some direct retail orders. Approximately 50% of orders are for the U.K. market, with 50% destined for Europe. They have agreements in place with some major continental distributors, including Germany’s largest retailer.

The business has won a number of exclusive sub-distribution agreements with niche high-end manufactures for U.K. and Eire. Also with the amount of trade the business is capable of, they are continually offered “Direct Dealership” opportunities with major brands such as Sony, Panasonic and Pioneer. Should the retail operation be expanded, this can easily be capitalized on.

Property Information

	Property:	Freehold

	Living Accommodation:	No

Competition

The business has maintained a constant presence in the marketplace over the years, with regular stands at U.K. and German exhibitions. They provide promotional material with every order delivered, and take regular advertising in trade magazines. The customer database is comprehensive and allows for both traditional mail, and e-mail shots to existing clients and registered users.

Growth Potential

The business is primed for expansion. The current building can accommodate a retail operation, which the vendor has declined to expand. Also with the preferred status of key manufactures, there is the opportunity to open a direct dealership for the likes of Sony, Panasonic or Pioneer. With specific further marketing to drive private individuals to the website, the internet retailing operation could be greatly expanded.

The trading name is open to expand the range of equipment offered away from the core pro-sound sector. The vendor has also indicated that there is massive potential for expansion further into Europe, with a particular focus on the fast growing Eastern European marketplace.

Support and Training Offered

The vendors will be delighted to arrange a suitable handover period to new ownership and is open to discussions regarding a longer-term contracted consultancy arrangement.

Reason for Selling

After many years in the trade building a successful business, the vendor is looking to hand-over the company on an upward trajectory to someone who can take things to the next level. He is looking to enjoy a great work / life balance.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	Yes
	Is this business part of a franchise?	No

Summary of Business Hours

Monday – Friday: 9:30 am – 5:00 pm

Summary of Staffing

The business employs the vendor as Managing Director of the company, who is currently responsible for all export sales. In support are thee full-time employees, 1 U.K. Sales Manager, 1 Warehouse Manager and 1 Accounts Supervisor. There is also a part-time office administration assistant.

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