Business Summary:
Adult Magazine and DVD Distributor
with growing number of in-house productions
Ref.AE039
Location Essex
Asking Price £ 350,000
Based in Essex, but fully re-locatable, this business is the largest independent supplier of Adult Magazines and DVD’s in the UK. Offering an extensive selection to the trade and sex shops, the business has a fantastic reputation for service and price alike. The current vendor has been in the adult entertainment business for over thirty years, and in this time has built up strong and trusted relationships with its suppliers. Delivering to three quarters of the UK, the business has shown itself to be resilient in the face of competitive and economic forces.
Established in 1978, the vendor has invested considerably from the outset of business operations, in the identity of their in-house unique contact magazines’ brand. The business has the largest stock and choice possible and benefits from free advertising in a selection of the magazines supplied.
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| Year
Business was Established: 1978 |
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| Number of Employees:
3FT/1PT |
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| Facilities / Terms of Lease:
The company operates from a warehouse of circa 1,000 square foot, which stores all the magazines and DVD’s ready for distribution. The building houses the main stock area, with additional internal office space. There are a number of 24 hour closed circuit television cameras in operation around the site. The warehouse also has a very secure steel door, with a roller shutter. Annual rent for the warehouse is £8,400 per annum. |
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| Potential
Growth/Expansion:
The current market for this business’ service is growing and is forecast in the near and longer term for significant growth. With the potential to increase distributing the rest of the UK, and Europe, and potentially embarking into the Internet market. All of which would undoubtedly improve turnover. Currently there is no company website, or direct mail order service, which would capitalize greatly on the current well known name. |
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| Competition:
The business enjoys free advertising in a selection of the magazines that it produces and supplies on behalf of others. As such there is growth potential to increase advertising to develop the business. |
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| Owner
willing to train:
The owner of this flourishing business will provide full training on all aspects of the business when the handover takes place and will ensure the successful purchaser is fully conversant with the operation of the business. |
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| Reason for selling:
The vendor wishes to relocate back to Spain where he has his permanent residence, family and other business interests. |
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Seller Reference Number: AE039
BusinessMart.com Listing Number: 70593 |
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