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Businesses For Sale > Business For Sale in South Lanarkshire, UNITED KINGDOM - UK (UK)

AE037 -South Lanarkshire- £ 295,000-Wholesaler Of Toiletries, Fancy Goods,Drinks & Snacks for sale in South Lanarkshire, UK

South Lanarkshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
Undisclosed Undisclosed Undisclosed

Business Summary:
Wholesaler Of Toiletries, Fancy Goods, Drinks & Snacks Ref.AE037 Location South Lanarkshire Asking Price £ 295,000 This is a good opportunity to aquire a well run, profitable family business which wholesales, toiletries, fancy goods, drinks and snacks to the independent retail sector in the central belt of Scotland. Established in 1983 by the family, the business has traded from its current distribution centre for the past twenty years. They have a large database of circa 1,000 regular repeat customers who are mainly, independent stores, mini markets and corner shops and who rely on the wholesaler for their shop supplies. The business has a good supply chain of manufacturers and clearance houses which they purchase their goods from. There is a basic all year round range of products plus the addition of periodical lines and special offer lines to offer their customers. The customers are visited on a three week journey cycle by a small team of sales representatives who take the orders, these are then processed at the head office, picked, packed and delivered within a two/three day period.

 

   
Year Business was Established: 1983
   
Facilities / Terms of Lease: The business runs from a circa 6,000 square feet warehouse situated on an industrial estate South Lanarkshire. Outside there is ample parking and inside there is a fully racked warehouse for both palletised stock and pick and pack stock. The offices are on two floors with unused space available which could bring in extra rental revenue. The premises are fully secured with an alarm system. Rent is circa £18,535 per annum and has until 2011 to run, and the rates are circa £10,795 per annum.  
   
Potential Growth/Expansion: As previously stated, this is a well established family business with a healthy number of regular repeat customers. They sell a mix of branded and lesser branded product to their customers. There is however room within the warehouse to carry a larger range of stock and they are often asked for other brand names. Further investment in a larger range of lines would inevitably bring in further orders to the business. Other areas that could be looked at would be to introduce a larger range of alternative basics. Their clients currently have to pick up other basic lines from the local cash & carry and would prefer to have them delivered.  
   
Competition: N.A.  
   
Owner willing to train: The owners would be happy to help out with a smooth transition of the business and help in anyway possible. They are prepared to help for a period of time to introduce the new owner to all of the major connections that the company deal with on a regular b  
   
Reason for selling: Each of the three partners would like to go their own separate ways and look at other business opportunities.  
   
Seller Reference Number: AE037
BusinessMart.com Listing Number: 67103
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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