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Cumbria-Based Reputable Wholesaler Business with Established Customer Base for Sale

Undisclosed, Cumbria

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    01/12/23

  • Advert ID

    603356

  • Reference

    B07693 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £134,995
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Reputable Wholesaler For Sale

Business
Please quote reference B07693

Hilton Smythe are delighted to welcome to the market a highly rated and well established Wholesaler business based in Cumbria.

The business was first established over 30 years ago with our client taking over in 2009. Since then it has built up an excellent reputation during its many years of trading.

This business is now being sold, albeit reluctantly, due to our clients desire to retire.

The business has been supporting the tourism trade with their products for over 30 years, with an established reputation for providing quality products and excellent customer service.

Company Summary Profile

  • Established customer base providing regular repeat business
  • Company growth built from high service levels, recommendations and referrals
  • Preferred supplier to reputable national companies
  • Wholesale website featuring full product e-catalogue
Key Selling Points 

  • Low overhead & flexible premises agreement with option of a long term lease commitment if required
  • Organic business growth built by providing quality products and excellent customer service
  • Established loyal customer base with easy to manage credit control
  • Seasonal business allowing for flexible working hours
  • Established reputable supply base
  • Fully integrated business management software in place
Scope for Further Development

  • Potential for development of website with e-commerce and marketing through social media platforms
  • Medium Term opportunity to import high volume items
  • Potential to expand local and nationwide customer base


Location
The business is based in Cumbria.



Premises
The business operates out of a conveniently located unit/warehouse.



Tenure
We are instructed to sell the business on a Leasehold basis. The rent is £4650 per annum.



Hours
The business trading hours are:

Monday to Friday - 09:00am to 17:00pm

Saturday & Sunday - Closed



Staff
The business is run and managed by our client with one part-time member of staff. 



Financial Profile
Financial information can be made available upon request.

Please quote reference B07693

 



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

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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.

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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.

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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.'.

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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.

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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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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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