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BUSINESS REFERENCE : AN017 / RightBiz AN017-RE-LOCATABLE-£350,000-PRINTING AND STATIONERY SUPPLIERS | | | | | | Printing and Stationery Suppliers Confidentially offered for sale Ref No: AN017 Location: Fully Re-Locatable Asking price: £350,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Miscellaneous | | TRADE TYPE: | Printers & Print Shops | | SALE: | Agent Sale | FREEHOLD: | £350000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This ever growing and successful stationery supply business was founded in 1998 by the Vendors with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a reputation for the quality and variety of its products its flexibility of service and reliability.
The business is a leading independent stationery supplier for major brands and generic products regard to companies of the legal profession including Barristers. In addition, commercial clients are supplied, mainly via catalogue sales. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality products, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, for example its inventory management system, ensuring that valued customers receive the very best service and quality of product.
The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and secure competitive position over its 10 years of trading. The business is further supported by exemplary relations with key suppliers who have helped to ensure that whatever the product, service and availability is never compromised and that customers are as a result never let down. This commitment to supply chain relationships has underpinned this business’s abilities in product quality and sustained business growth.
A key component in the success of this business has been customer service which is focused to a great extent on the quality and breadth of the product catalogue and secure customer ordering via the business website. The business manages many core customers who form part of the larger supply chain and it has the systems, processes and people to ensure that all customers’ orders are satisfied.
From the business’s point of view, the most important aspects of customer management and customer satisfaction are turnaround times and honesty. This approach is responsible for the business retaining many customers and the development of a good reputation that has led to the gaining of many new customers.
Equipment:
Specialised and administrative systems have been implemented to provide the required technology for a modern and efficient business.
Customer Service:
The business manages a great many customers in any normal week and has the systems, processes and people to ensure that both productivity and customers’ orders are satisfied. The most important aspect of customer management and satisfaction considered by the business is honesty and is responsible for the business retaining many customers and the reputation for which has led to the acquisition of many new customers.
The business further benefits from membership of the Buyers Group (Office Point), giving better buying power.
High quality service, with flexibility, honesty, reliability and good value, every order request is important and customers always come first. The result is self evident in the business’s sustained level of repeat business.
Key Strengths:
The business is an organisation where the business owners have, over time developed and nurtured an enviable reputation capable of promoting and generating new sales, reducing the need for constant or daily input from the vendors. This has resulted in customer relations founded on a history of trading satisfaction and not contingent upon the daily presence of the vendors.
The business is well established and very profitable benefiting from an outstanding reputation for its professionalism, service, reliability, flexibility, efficient order fulfillment problem solving and willingness to help.
Growth and Expansion:
The current market for this business’s services is stable and is forecast by the vendors in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Key Opportunities:
This is an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for the business’s products combined with a capacity to increase turnover, a new owner contributing fresh ideas and investment in sales and marketing resources will have every advantage of building on an excellent platform.
This firm maintains an extensive base of satisfied customers, who appreciate the company’s superior services. There are many excellent avenues for growth, especially with marketing investment and forecasts, which are showing early trends for growth and development.
Employees:
This is currently a family run business, with no additional employees.
Advertising and Marketing:
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.
The business has an extremely informative website, detailing all products and services, including next day delivery nationwide. In addition, the company have a full catalogue produced every two months, and distributed on line to over 1,000 clients on the mailing list.
Premises:
This business is fully re-locatable, with no premises included in the sale of the business.
Business Hours:
Monday – Friday 8.00 am – 5.00 pm
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.
Annual turnover is circa 327,000, with an adjusted net profit of £94,000.
Reason for Sale:
The vendor is selling the business due to family commitments.
Support and Training:
Full support and training will be provided to the successful purchaser. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AN017 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
