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Niche Gift Manufacturing & Wholesale Distribution Business for Sale in Cornwall, Relocatable

Undisclosed, Cornwall

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    01/03/24

  • Advert ID

    607678

  • Reference

    MF35949M / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £199,500
  • Turnover: £267,970 (£5,153 Per week)
  • Net Profit: Not Applicable

Business Details

NICHE GIFT MANUFACTURING & WHOLESALE DISTRIBUTION



Niche quality GIFT MANUFACTURING AND WHOLESALE DISTRIBUTION business, currently based CORNWALL, offered for RE-LOCATION, either regionally or nationally, could be amalgamated with other similar business, even be home based with approx. 1,000 square feet required to operate the business and mainly relating to storage.

Producing bespoke quality niche gift lines, associated with the tourist heritage market, operating at the higher end of the marketplace, supplying top historical tourist attractions throughout the UK, includes world famous Cathedrals, Abbeys & Castles, benefits from lucrative and valuable 'Blue Chip' customer base, a number with multiple sites, and who have been supplied for over 20 years.

Offering exclusive designs, with some valuable UK distribution rights held, benefiting from long standing suppliers with whom excellent relationships are maintained. Undertaking a relatively simple 'making up' manufacturing process, using a mixture of part time staff and out workers. Benefiting from limited competition, ensuring regular repeat orders throughout the year.

Business established and under same ownership more than 30 years, highly respected and most efficiently operated, retirement sale. Proves highly profitable with impressive trading results, Sales 2023 £267,970, Gross Profit (after wages) £118,213, Net Profits approaching six figures. Still offers considerable further opportunities as currently only operates on wholesale basis and not direct to the public. Scope for website, the suppling of retail outlets, and attendance of trade shows.

Price £199,500 sav Ref: MF/WD35949M

VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.

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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 'NICHE GIFT MANUFACTURING & WHOLESALE DISTRIBUTION - MF35949M / 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.