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Due to the planned retirement of the director, the opportunity to purchase an established, highly respected and independent display and point of sale distributor in Essex has become available.
The company has a long and reputable trading history since 2003 and is a nationally recognised wholesale business that sells display products to exhibition, display and graphic resellers throughout the UK.
Based on the ethos to provide good quality and unique products, along with excellent service, it has successfully competed against much larger players in the market.
Boasting a comprehensive product range including several unique and innovative products that it imports into the UK, there is a real opportunity to expand this range, along with potential manufacturer partnerships to develop further unique display products for both the UK and European marketplace.
The sole director operates the day-to-day business supported by a trusted team whose loyalty and longevity has been the driving force behind the company’s excellent customer service and knowledge base. This presents a fantastic opportunity for a buyer to easily take over the company, either as a stand-alone enterprise, or as an additional location for a larger group or non-UK business. Both the office and storage facilities are leased by the company and there is a formal lease in place, with good negotiated short-term break clauses. The facility is also ideally suited to offer easy access to all main transport links from both the north and the south of the UK.
The company has a strong and loyal customer base, although it also benefits from not relying on any one customer or group of customers for the majority of its trade. The majority of the company sales come direct from the marketplace or from referrals from existing customers. The business does not have a direct sales approach, but this is an area that can be developed further.
Sales revenues for 2018-19 are forecast to remain at approximately £740k for the year ended 30 April 2019. This has the potential to increase in future years with further growth opportunities to include:
• Developing new product ranges;
• Continued organic growth in UK markets;
• Working with up and coming internet based retailers; and
• European Market Growth.
For any interested parties, please contact the company accountant by completing the contact seller form on this page.
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