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Business for sale in United Kingdom - 8887s south yorkshire leasehold: £120,000 flat pack wholesaler

Asking Price: 120,000 £ Real Estate: Lease
Business for sale – 8887s south yorkshire leasehold: £120,000 flat pack wholesaler
Sales Revenue: 220,000 £
Net Profit: 0 £
Year Established: 2005
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of York/York

Business types:

Manufacturing

Business categories:

Paper & Packaging

Business description

Advent Business Sales is pleased to offer to the market this flat pack furniture wholesaler, which, although only been trading for the last 3 years, is very well established. The current vendor started the business and has nurtured it to success but due to other business interests, is reluctantly selling. The business comprises of selling manufacturer overstocks and return to the manufacturer units, at the end of season from such as B & Q. Naturally, buy in price is low and a very food premium can be charged to the retail outlets who buy from him. The retail can sell at a low price thus making available to the public, affordable flat pack furniture which will sell well during this period of recession. Although the business buys in from only one manufacturer at present, 3 –4 other suppliers have voiced their willingness to also supply. This is a highly profitable business base awaiting a further hungry and motivated owner to increase the sales; business is at the moment being turned away.

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: due to other business interests,
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Leasehold Original lease: ongoing – 3 month notice Remaining lease: ongoing Review every: ongoing Rent: £851 x 2 units per month We are advised that the annual business rates are currently: £4,500 x 2 units per annum
Location: Our client is conveniently located in South Yorkshire, on an industrial estate only a short distance from Junction 34 on the M1 motorway. It’s positioning gives it easy access to both the M62 and M18, as well as links to the South to the M42 and M5; it is therefore ideally positioned for both client collection and delivery.

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