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BUSINESS REFERENCE : EB029 / RightBiz IMPORTER & WHOLESALER OF HIGH QUALITY DRIED FLOWERS/ FRUIT/PETALS/MOSSES & LAVENDER | | | | | | Importer & Wholesaler of High Quality Dried Flowers/ Fruit/Petals/Mosses & Lavender Confidentially offered for sale Ref No: EB029 Location: Staffordshire (yet fully relocatable) Asking price: £95,000 plus stock at valuation | | | BUSINESS LOCATION: | Undisclosed Staffordshire UNITED KINGDOM | | BUSINESS SECTOR: | Retail | | TRADE TYPE: | Fruit & Veg Shop | | SALE: | Agent Sale | LEASEHOLD: | £95000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This rather unique company imports, wholesales and exports Lavender, Dried Roses and other Dried Flowers, Artificial Flowers, Decorative Dried Fruit, Moss, Spices and other such Associated Products to a variety of customers throughout the Uk and also abroad.
The business has been successfully trading for some 6 years and in that time has built up an enviable reputation for supplying a consistent range of high quality dry flowers, fruits and spices at very competitive prices. It is understood that the business is now the largest importer of lavender into the uk. Because of this the business enjoys excellent economies of scale and this improved buying power is reflected in the pricing support it gives its clients.
The business has a regular customer base of some 200 clients the majority of which are in the UK (95% UK sales, 5 % export at time of writing) and commercial in nature. The business maintains excellent stock levels and a unrivalled range of complimentary products to ensure complete order fulfilment wherever possible.
Customer Service:
In most cases the business deals direct with the suppliers to ensure consistency and quality of supply. All such supplies are caringly grown, some organically, and can be used in foods if so required. The business prides itself on order fulfilment and delivers product quickly and efficiently at all times.
The business’ ethos is simple- satisfied customers come back and on this basis has maintained levels of product and service quality intended to best guarantee this satisfaction. The results of this commitment are evident in the degree of return custom and the high level of repeat business the company enjoys.
Key Strengths:
This business has achieved a recognised name through supplying a rather unique product range to an increasing and loyal customer base that is growing stronger by the day. This company is able to respond quickly and positively to client demands and over the years they have built up a reputation for honesty and integrity, and for being easy to deal with. This business is the ideal resource for its in-demand products for which the market outlook is excellent.
Growth and Expansion/Opportunities:
The company has grown to date without any real sales or marketing activity, the business has never undertaken any paid advertising. The company infrastructure is such that it could easily accommodate increased levels of business without having the need to significantly alter its current set up. This could be generated by developing the website further to incorporate online transactions as well as developing the impressive customer base through more strategic sales and marketing activity including mail shots, database creation and more effective use of IT.
The market for dried flowers, fruit and associated products is seeing unprecedented growth as demand for aromatherapy and alternative and herbal therapies is on the increase. This business is well placed to service this growth.
Employees:
The vendor runs the business and undertakes all responsibilities on a daily basis. Current working week is circa 30 hours.
Advertising and Marketing:
The business has used no advertising in the past and there are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue. Further development of its internet presence would also greatly benefit the business, especially with regards to increasing export sales.
Premises:
The business currently operates from a converted barn on a farm. The premises are rented and annual rent is £3000p.a. Rates are circa £500p.a. The premises form part of a converted barn that has been sub-divided into three commercial units. The unit has two floors and is 3500 square foot, mainly for storage with a small office area. The vendor has a low level rental agreement with the landlord and there is no reason why a new owner could not relocate the business with minimum disruption should they so wish.
Business Hours:
As required. The owner currently works a 30 hour week.
Security:
The premises are fully secure.
Financial Information:
The business is stable, has achieved consistent sales to date and enjoys low overheads and a large regular client base. Current turnover is circa £170,000 p.a. , Gross Profit consistently in the region of £50,000 p.a. Current stock holding is circa £35,000. The business is being offered for sale on an ongoing concern basis. All financial discussions will take place directly between the vendor and any interested party under the auspices of Turner Butler.
Reason for Sale:
The vendor wishes to develop their other business interests
Support and Training
The owners will fully assist with hand over and training | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | EB029 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
