Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Import And Distribution Of Exclusive Brand Name Games
LISTING DETAILS
Firms For Sale ID:
25131
Vendor reference:
CO150
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£975,000
Turnover / revenue:
£600,000
Net profit / cashflow:
Undisclosed
Years established:
9
Number of employees:
2
OTHER DETAILS
Reason for selling:
The owner has been driving this business forward for over nine years. He needs to slow down after a recent health scare and believes this would be the right move to sell the business at this time.
Support and training:
The vendor is keen to see the business flourish under a new owner. The vendor is willing to help and support in any way possible to ensure a smooth takeover of the business.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
Yes
PROPERTY DETAILS
BUSINESS DESCRIPTION
Import and Distribution of Exclusive Brand Name Games
Ref.CO150
Location Relocatable
Asking Price £ 975,000
This is a unique opportunity to aquire a highly profitable and successful import and distribution company, selling brand name exclusive games to the retail leisure industry, education authorities and garden centres.
Established in 2002, the company imports and distributes a comprehensive range of games all of which are part of a well known brand, with individual trademarks and patents being associated to some of the games.
The business runs on low overheads, good cashflow and high profit margins. It has a regular and increasing revenue, generated by a blue chip, repeat, client base.
Products are sourced from the Far East, where exclusive factory agreements have been secured to protect the brand. The company has their own moulds and designs for their games, which are kept, and used at these selected factories. This allows the company to repeat order the product, whilst reducing their lead times for product delivery.
Expansion Potential
The business maintains an excellent base of blue chip clients who value the company’s products and service. The current market for this business’s branded products is stable, and is forecast in the near and longer term for significant growth. The 2010 calendar year shows a 33% increase in sales year on year.
Turnover is achieved without any direct sales force. There is vast scope to expand sales. The addition of sales agents would secure extra turnover for the company in the UK and also overseas. Major growth is expected through a recently established network of worldwide distributors for the brand, in the USA, Canada, Australia, New Zealand, Spain, Benelux, Switzerland, and South Africa. The potential for immense worldwide growth looks set to equal the current UK sales in the near future.
Whilst the company maintains an excellent reputation for its service, there is an opportunity to reduce the distribution costs by bringing this discipline in house. For a company with their own warehouse and distribution set up. This would represent circa five percent savings.