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Business for sale in United Kingdom - Ig027-importer & distributor of electronic components-fully relocatable

| Asking Price: | 125,000 £ | |
Real Estate: | Lease |
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| Sales Revenue: | 162,000 £ | |||||||||||
| Net Profit: | 1 £ | |||||||||||
| Year Established: | 1983 | |||||||||||
| Employees: | Not Disclosed | |||||||||||
| # of family members employed: | Not Disclosed | |||||||||||
| Location criteria: |
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Business types:
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Business description

this is a very rare opportunity to purchase an independent importer and distributor of parts and components to the electronic industry. The company has for twenty seven years built up a first class reputation for the prompt delivery of high quality, reliable components. A wide range of products have been supplied to several hundred oem’s over the years. Included in the existing stock of circa £50, 000 are; • a range of resistive products • capacitors • numerous hardware products • connectors • quartz crystals and resonators • discrete devices • integrated circuits the company is iso 9001 certified. The business has created an ecommerce revenue stream that includes the secure payment facility, paypal. Customer service: the business is known throughout the u.k. Electronics industry, for its efficiency. The business normally carries high stock levels that of course help to achieve a fast turnaround. The business is also renowned for its ability to source very rare products via its relationships with many component suppliers from around the world. The business is known for its honest and open approach, this has resulted in many of its customers staying loyal for twenty years or more. The product supplied is accepted as being of very good quality. This has also helped to retain a high number of clients and has lead to a very small percentage of returns. Key strengths: this business has continuous succeeded over many years. This success has simply been achieved by supplying quality products with low lead times and at competitive prices. This winning formula has achieved strong customer loyalty and that has led to customers making this business the first port of call for the supply of numerous components which are used in the manufacturing of medical instruments, audio equipment and in the telecoms sector. The future for this business remains positive with the arrival of new far eastern manufacturers in the u. The growth in the robotics industry is providing more and more opportunities. Growth and expansion: the business would benefit from a joined up marketing strategy. Online sales are important to the business, but some online marketing is an obvious step to take to increase sales. This is a small business that can grow quickly via a pro-active sales approach. The directors of the business are currently focused on handling the orders from existing clients. There is little effort to acquire new customers and this should be a priority for a new owner. The vendor believes that under new ownership, with a fresh drive and impetus, the business can move forward and achieve its full potential.
Additional information

| Additional information: | Not Disclosed |
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| Support & training: | The vendor is happy to offer a comprehensive handover and any training that would be required to ensure continuity of trading. |
| Reasons for selling: | He now feels the time has come to pass on the reins and enjoy a well earned retirement. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate

| Ownership: | no |
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| Lease: | yes |
| Lease terms: | The property is leased at an annual rent of £6,000. |
| Location: | The business operates from a semi-rural location in Essex. The business has a circa 1000 sq.ft. property that includes offices and primarily a warehouse that is used to carry stock. This business can be relocated very easily. The property is leased at an annual rent of £6,000. |
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