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World-renowned pen kit brand in Devon with a strong global customer base

Undisclosed, Devon

CONFIDENTIAL

  • Turnover: £538,728 (£10,360 per week)
  • Profit: On request

Business Details

WORLD RENOWNED PEN KIT BRAND

BASED IN DEVON
YE25 TURNOVER £539,000
The company designs and supplies high-quality pen kits, components, and accessories on a B2B and D2C basis.
Having operated for over a decade and being the leading supplier of several components, the business has developed a strong industry reputation.
Our clients are now offering the company for sale to facilitate retirement plans.
Email database of 7,000 individuals.
Strong international customer base, regularly receiving orders from Europe, Asia, Australia, and North America.
Recurring revenue accounts for 75% of total income, derived from stationery manufacturers, distributors, and loyal customers.
Strong relationships with overseas manufacturing partners.
Currently operating at full capacity due to space limitations.
Operates from shareholders home; this is a fully relocatable opportunity.
Offers invited.
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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 'WORLD RENOWNED PEN KIT BRAND - 171837 / 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.