Needlecraft Wholesale & Retail In Cheshire | | Undisclosed Cheshire | | Needlecraft Wholesale & Retail Cheshire T/O: £439,247 GP: 52% Can be staff run Large commercial and on-line sales Huge scope for the future | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 34624
ADVERT IMPRESSIONS : 33,936 TIME(S) | | | | BUSINESS SECTOR: | Wholesale / Distribution | | TRADE TYPE: | Wholesale / Wholesaler | | SALE: | Agent Sale | LEASEHOLD: | £119,950 | ANNUAL RENT: | £10800 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Location
HeeBee Trade / Willow Fabrics is situated in a prominent location within a parade of shops in a desirable residential area in Mobberley, Cheshire. The parade has free parking to the front and Town Lane is the main road through the village. The village is an affluent and desirable place in which to live and work. Mobberley is approximately 2 miles from Knutsford and is easily accessible to all the major North West conurbations.
Business History
Preferred Commercial is pleased to offer for sale this expanding wholesale and retail on-line mail order needlecraft business, which was established by our clients in 1986 and is for sale due to their wish to retire. The business achieved a turnover of £366,934 for year ending June 2010 and a turnover of £439,247 for year ending June 2011 with a gross profit in the region of 52%. This is generated from the sale of a huge range needlecraft articles e.g. fabric, thread, wools, needles and associated accessories. HeeBee Trade provides a wholesale service to needlecraft kit makers and shops and produces pre-packs of fabrics and threads. Willow Fabrics, the on-line retail outlet, operates competitively in an Amazon-fuelled 'get it tomorrow' mail order environment. The business sits between its suppliers and customers offering a 'one-stop-shop' facility. Its holding in stock of a vast and complete range of niche products is the USP which has established the company's goodwill and reputation over the years. It has 7 experienced staff supervised by the firm’s general manager, the owners providing cover, quarter end accounting and additional IT expertise. 95% of business is from commercial orders or online trading. Currently little effort is put into trade sales, giving a new owner an immediate opportunity to grow the business further. We feel this would be an excellent acquisition for an enthusiast who could take this excellent business to the next level. Early discussions with Preferred Commercial must come highly recommended.
Financial Details
T/O: £439,247 per annum
GP: 52%
Opening Hours
Mon - Fri: 9.00am - 5.00pm
Sat - Sun: Closed
Accommodation Details
2-storey, lock up premises of approximately 1,600 sq ft. Briefly comprising:
Ground Floor
• Open-plan retail sales area fitted to suit trade with shelving and racking, product displays and fabric cutting table.
• Mail order area with 4 order desks, PCs and telephones, storage shelving and racking
• WC with wash basin
• Kitchenette
• Fire exit
First Floor
• Storeroom with shelving, and racking
• Landing with additional storage
• Accounts/admin office with 4 desks, computers, telephones and various items of office equipment
• Fire exit
Loft
• Boarded out and used for additional stock storage
Tenure
Leasehold
New lease to be assigned
Rent: £900 per calendar month | | | | | | FOR SALE | | | | | REFERENCE: | 1338 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
