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Global Consumer Electronics Distribution Company For Sale

Bedfordshire
Asking Price:
£999,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£2,200,000
Cash Flow:
£185,000

Incredibly rare opportunity to buy a company experiencing exponential growth!
Selling to generate capital for 2 other companies I have.

The company is a worldwide distributor of consumer electronics, predominantly video games, consoles and accessories. We are also one of the largest digital distributors globally. We have a 2500sq ft warehouse primed for distribution, with 4 years left on the lease (with the option to pull out early just by finding another tenant, which is easy around here) so the business is easily relocatable. Due to the nature of the industry this can be run from home or out of an office without a warehouse by using freight forwarders for physical goods.

I started the company in August 2016 with £50, within 1 year we had sales of 900k and a profit of 65k, 2nd year 2.2M with 185k profit. Third year forecast is 4.5M with 420k net profit but with the right owner they could sky-rocket it even more, i'm not a business guru and have just put the focus on building relationships.

We are direct with many top vendors - Microsoft, funko, warhorse, the farm 51 and more. We also have several upcoming contracts and can provide leads for almost every publisher and loads of major vendors. If you want a massive head start with a massively respected and notorious company this is the one to buy.

Looking forward to hearing from you, and feel free to ask any questions.

If interested please contact the seller through the form on this page.

Property information

Property:

Leasehold

Lease Terms:

4 years left, but can easily find another tenant to take over due to landlord arrangements.

Leasehold Rent:

£19,900 per annum

Location:

Currently at an industrial estate, but very relocatable even home-based

Premises Details:

2500sq ft warehouse, 4 year lease. Fully-kitted out office, WC/Kitchen area. Roller shutter-door, upper locked room for secured goods.

Size in square feet:
2,500

Business Operation

Expansion Potential:

The more vendor contracts, the more you expand. As well as the tens of thousands of customers out there yet to be reached, and new-ones keep popping up all the time. You'll never run out of business and should always grow. I have never had more then 2 sales staff work for me at one time, but if you took on a bigger team it would also grow even further!

Competition / Market:

The trading industry is one where competitors are also your suppliers and customers, keep the focus on relationships and building contacts. You'll find no competition.

Reasons for selling:

To raise capital for other ventures I have that i'm more passionate about, also going travelling.

Trading hours:

Monday - Friday 9-5pm is the best times, slightly earlier start to accommodate the European time difference is good too.

Employees:
0
Years established:
2.5

Other Information

Support & training:

Full training shadowing me and having a full handover period. Getting all the future leads and introduced to the current suppliers and customers so you can hit the ground running.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

I would accept 500k cash upfront, and the rest across a 2 year period.

Furniture / Fixtures value:
£4,800 - included in the asking price
Inventory / Stock value:
£165,000 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Information

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