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Established Import & Distribution Business for Promotional Products in Midlands for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    21/02/24

  • Advert ID

    607159

  • Reference

    1789TRB / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £250,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Import & Distribution of Components for Promotional Products

A long established and highly successful importer and distributor of components for the promotional product sector.

The Company was formed in the mid 90's and has grown to be one of the largest suppliers of promotions product components in Europe with over 500 lines and 10 million items in stock.

The Company has over many years established a wide network of approved manufacturers and suppliers, offering a sourcing and bespoke product service that sets them apart from the competition.

The company supplies a diverse and loyal client base spread across a range of sectors.

The business is operated from central Midlands based leasehold premises, offering easy access to the extensive motorway network. 

Average  turn-over in recent years is £560k, Gross Profit £226k & adjusted EBITDA of £65k (after allowance for replacement of the exiting directors salaries). Net Asset Value circa £644k..

The two owner/directors work in the business and are assisted by one other full time member of staff. The owners are now looking to retire after many years of service to the sector. A reasonable hand-over period is negotiable.

This is a strictly confidential sale! For further information, please click through, or contact Business Partnership Birmingham offices directly.
 



Successful Provider of Components for Promotional Products
Long Established and Highly Profitable Company
Average T/O £560k, Gross Profit £226k
Central Midlands Base with Easy Access to Motorway Network
Extensive Client Base Across Many Sectors
Established & Reliable Supply Chain
Retirement Sale!!
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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Import & Distribution of Components for Promotional Products - 1789TRB / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.