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BUSINESS REFERENCE : IO017 / RightBiz IMPORTER & DISTRIBUTOR OF EXTREME SPORT & MOBILITY EQUIPMENT | | | | | | Importer & Distributor of Extreme Sport & Mobility Equipment Confidentially offered for sale Ref No: IO017 Location: Re-Locatable Business Asking price: £176,500 plus Stock at Valuation | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Transport & Distribution | | SALE: | Agent Sale | LEASEHOLD: | £176500 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
The present directors established this commendable business in 2002, which specialises in the import and distribution of mobility equipment, electric vehicles, bikes, quads and motorbikes, plus extreme sports articles including skateboards, skates, snowboards and wetsuits, which it supplies to both the retail and trade markets.
This business has established itself as one of the UK’s leading own brand suppliers of top quality equipment. The evolution of the ATV, the electric bike into multi purpose vehicles appealing to both recreational business and sports users has created a strong and increasing demand, moreover, in sourcing only the very best products to import and retail across the UK plus not being franchised to any one manufacturer, the business can develop products suitable to market to the many eager customers.
The result is a business that has seen strong and controlled growth. The business is scaleable and franchisable with potential for further product development design and patent registration protection to strengthen the own brand label.
Equipment:
All client details are stored on a comprehensive database with full stock control facility.
Customer Service:
A personal and friendly service is offered with excellent professional advice. Every effort is made in order to satisfy client requirements. This business does everything possible to enhance its excellent reputation and to develop commitment to customers' needs providing a personal, thorough and high added value service; with a promise of trust earned where customer satisfaction is paramount.
Key Strengths:
This business is fully re-locatable and can be therefore be run from anywhere in the UK. Sales are consistent and circa £200,000. This is a well-established company with a superb reputation. It is easy to operate and highly profitable. The business has an impressive base of repeat order account customers, and its customer base is constantly expanding.
In summary, this is a truly superb business requiring minimal staff levels and offering strong sustainable growth and potentially high profit margins. This is a tremendous opportunity to secure a well-respected industry leader in this fast growing market. The company is well aware of the huge opportunities presented by the broad range of other manufacturers in its product market including, Honda, Yamaha, Kawasaki and Suzuki to name but a few.
Employees:
Other than the two Directors of the company, the business employs no other staff, and therefore has no liabilities in that regard.
Growth and Expansion:
The company has predominately only supplied direct to the customers. To date, the company hasn’t adopted a particularly pro-active approach to the acquisition of new trade and retail accounts. As a consequence, an enormous opportunity exists to expand the current client base nationally within the trade and retail fraternity.
Equally the company has not exploited the vast opportunity to sell to trade or to franchise. An additional and substantial turnover could be achieved in this regard by the implementation of conventional print and online advertising, also by attending sporting and industry specific shows and events.
Key Opportunities:
The company would benefit from taking advantage of the tremendous opportunity to distribute parts, clothing and accessories, which could easily and instantly be marketed to the existing client base, thus producing a further substantial turnover and a ‘business within a business’ opportunity.
Advertising and Marketing:
Historically the company has done little in the way of advertising and marketing, thus the new owner has untapped potential in the area.
Premises:
The business is fully re-locatable; therefore no premises are included in the sale.
Business Hours:
24/7
Financial Information:
The business is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business is financially stable with no borrowings, low overheads and positive cash flow. The business has no debtors and enjoys a high turnover of circa £271,150 and a gross profit of £98,830.
Reason for Sale:
The Directors have decided to take early retirement from their various business interests and concentrate solely on further developing their property portfolio.
Support and Training;
The Directors will assist fully with the handover of the business to ensure continuity of trade and profitability and current stock will be offered at cost value | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | IO017 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
