| (REF: EJ034) Cash and Carry Wholesaler - Trade |
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| Seller Reference: |
EJ034 |
| B4S Reference: |
09586 |
| Asking Price: |
£495,000
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| Net Profit: |
£55,000 |
| Sales Revenue: |
£346,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South Coast, the UK, United Kingdom |
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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.
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Property: |
Leasehold |
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Lease Terms: |
The business operates from leasehold premises on three year renewable lease which expires in 2010.
The two storey premises comprise of a fully racked warehouse for storage. The first floor contains offices, a showroom and extra storage and benefits from a lift to the first floor.
Outside there is a substantial yard for deliveries, a large car park plus 1 x 40 ft. container for further storage of products. The business is located close to the M27/M3, which helps the business to respond quickly and effectively to customer orders.
Rent is ?16,000 per annum and rates ?5,500 per annum
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Living Accommodation: |
No |
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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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This business offers a new owner the opportunity to build on the existing products and customer base. There are many excellent avenues for growth, which the current owner has avoided in order to keep down staff levels and manage the business successfully. Additional sales staff plus investment in advertising and marketing could very easily increase the revenue of the business.
With a strong demand for products combined with a capacity to increase turnover, a new owner contributing fresh ideas and investment in sales and marketing resources will have every advantage of building on an excellent platform. |
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The vendor is happy to provide all necessary training and all relevant contacts to allow continuity of trading. |
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The owner now wishes to retire and take life more easily. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday ? Friday: 9am ? 5.30 pm
Customers can buy On Line 24 hours a day
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The owner works full time in the business assisted by three full time staff. |
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