Wholesale And Importer Of High Quality Top End Candles And Accessories | | Undisclosed Herefordshire | | HERTFORDSHIRE -RELOCATABLE WHOLESALE AND IMPORTER OF HIGH QUALITY TOP END CANDLES AND ACCESSORIES Prestigious customer base including ecclesiastical market and universities Superb Reputation A/T: £138,000 GP: 48% Considerable scope to develop markets L/H: £249,950 +SAV REF: 9595SG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 48438
ADVERT IMPRESSIONS : 11,732 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £249950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | LOCATION
• Trading from double industrial unit close to Royston in Cambridgeshire
• Showroom facility, office and warehouse premises
• Ample parking for customers and staff
• Easy access to main customers in London, Cambridge and Oxford
HISTORY
• Heritage dating back to the 1960s selling giftware and candles
• Specialisation in candles since 1989
• Prestigious and reliable customer base nurtured over fifty years
• Unrivalled reputation within the industry
REASON FOR SALE
• Retirement
PRODUCTS
• Very wide range of candles and accessories
• Largest UK supplier of stearin candles which are smokeless, non drip and do not soot
• Stearin is a naturally replenished raw material with strong environmental credentials
• Traditional paraffin and beeswax candles in all sizes and colours stocked
• Tea lights
• Candles holders in a wide variety of materials and styles
• Sundry accessories
• Oils
• Substantial stock holding with over 3,500 different styles of candle
SERVICES
• Individual and bespoke customer service
• Cutting, shaping and drilling of candles to customer specification
• Deliveries undertaken
CUSTOMERS
• 500 plus prestigious customers with high levels of repeat business
• Large ecclesiastical market
• Cambridge and Oxford colleges
• Restaurants
• Private individuals (many titled)
SUPPLIERS
• Five major candle manufacturers
• Specialists in Liljeholmens (Sweden)
STAFF
• Three directors
• One commits full time hours to the business, with one working part time each week and one working only occasionally
TRADING HOURS
• Mon to Fri: 8.30am to 5pm
FINANCIALS
Turnover
2010 £138,419
2009 £128,238
• Gross profit margin is typically around 48%
• Reconstituted net profit is £50,000 per annum
OVERHEADS
Rates £2,102
Gas/Electric £1,758
PREMISES
• Double industrial unit
• Entrance lobby
• W/C
• Large warehouse facility
• First floor customer showroom
• Kitchen
• Office
• Store
• Electric fork lift truck
STRENGTHS
• Reputation
• Superb customer base
• Trading name
• Stock holding
• Specialist knowledge
• Environmental credentials
• Location
• Relationships with suppliers
SCOPE
• Development of customer base and new markets such as restaurants and pub chains
• International markets
• Trade shows
• Development of website
• Ebay
• Employment of sales staff
• Cross selling additional products to existing high quality customer base
• Focus on margins
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9595SG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
