Business Summary:
Watch and Sunglasses Wholesale Business
Ref.AE035
Location Birmingham
Asking Price £ 400,000
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
This business has been extremely well managed and driven by its Directors since year 2000, from its current base in Birmingham, although the base of operations is shortly to move to Middlesex. The business was developed by the Managing Director from his lengthy and generic contacts within the same industry in Hong Kong. The daily operations of the company have been impressively simplified by its Directors, and all Warehousing and Dispatch are outsourced to a third party company.
The watches which are supplied wholesale to a wide variety of clients are manufactured by a company in Hong Kong with over 30 years experience. The company in question has sole UK distribution rights for the complete range of watches produced by this renowned and trusted supplier, which range from high-end designer products produced under licence, through a solid sterling silver range, to a childrens LCD (digital) range. The company also produces own brand products for a further 10+ well known High Street brands.
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| Year
Business was Established: 2000 |
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| Facilities / Terms of Lease:
The business currently operates from an office in a converted historic warehouse in Birmingham, for which it currently pays a rental of approximately £10,000 per annum. As previously discussed the business is shortly to be relocated to Middlesex and in essence could operate from any location of your choice in the UK. |
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| Potential
Growth/Expansion:
N.A. |
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| Competition:
The business has no need for conventional advertising and marketing due to its sector and business model. However, the company owns and maintains two Internet websites. |
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| Owner
willing to train:
Full support and any necessary training will be provided during handover as part of a successful sale package. |
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| Reason for selling:
Other Business Interests. |
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Seller Reference Number: AE035
BusinessMart.com Listing Number: 56789 |
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on this business
please fill out the form shown right 
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