Business Summary:
Ref No: CQ219Location: ShropshireAsking Price: £725,000 + SAVAsking Price Includes:Turnover: £724,000Net Profit: £245,000Asking Price Includes:Turnover c. £724,000Gross Profit c. £310,000Net Profit c. £245,000A superb business modelExceptional product rangeHuge potential to significantly increase turnoverHigh organic internet rankingIntroduction:Turner Butler has been appointed to invite offers of purchase of the issued share capital of this superbly presented business, which markets a vast selection of personalised stationery and much more.Business Profile:With an extensive product range to offer both business customers and consumers directly. Laptop bags, travel accessories, happy planning & bookmarks, dated diaries, spiral food diaries, meal planners, recipe books and inserts wedding planners, Christmas planners and much more. The business reaches its market mainly utilising Instagram.Customer Service:The business prides itself on exemplary customer service. The business model is very strong and efficient and attracts regular repeat business as well as significant numbers of new enquiries.Key Strengths:The key strength of this highly profitable business lies in future potential. The current owners have very little marketing experience, which in turn underlines the strength of the business model. Cash flow is superb, cash at bank currently stands at nearly £850,000 (This is not reflected in the asking price).Instagram and other social media following approaching 300K followers.Financial Performance:The goodwill in the business is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.Turnover c. £724,000Gross Profit c. 43%Net Profit c. £245,000Asking Price:The asking price of £725,000 plus net assets is for 100% of the issued share capital of the company. Assuming net assets of £143,000 which comprises mainly of stock. There is a significant cash balance on account which is not reflected in the asking price but can be factored into any financial discussions.Employees: The current owners feel that this business could benefit greatly with an injection of marketing and advertising experience.The current owners feel that this business could benefit greatly with an injection of marketing and advertising experience.The business is managed by the owners and one employee.Reason for Sale:The current owners feel that this business could benefit greatly with an injection of marketing and advertising experience.
|
|
|
