IO036-South Wales-£525,000-Designers/Manufacturers and Distribution

South Wales, United Kingdom

IO036-South Wales-£525,000-Designers/Manufacturers and Distribution

Asking Price:$654,760

Cash Flow:$226,329

Gross Revenue:$2,868,474





IO036-South Wales-£525,000-Designers/Manufacturers and Distribution

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Business Description

Designers/Manufacturers and Distribution/Sales of Children’s Toys
Ref. IO036
Location : South Wales
Asking Price : £525,000
This is the perfect opportunity for someone to acquire a well established designer, manufacturer and distributor of children’s toys who manufactures a wide and diverse range of ride-on and outdoor plastic toys for children, with a manufacturing location in Hong Kong and distribution and sales to well known UK retailers based in a busy town centre office in Wales.

Customers vary in size from the smallest retailer to the largest and best known retail brands in the Country, with whom the business maintains excellent long term relationships.

The business is managed from an office and distribution centre here in the UK and also has a small administrative office and comprehensive factory facilities in Hong Kong.

The business has been profitable throughout its many years of trading and the Vendor advises that there is no prospect of the current and historic levels of business reducing.

Customer Service:

There is an experienced team of managers and staff that are well used to managing the daily affairs of the business during the Vendor’s frequent visits to customers, trade shows, events and factory visits.

Detailed Information

The business is located in a busy town in South Wales on a main road and is situated in a Victorian villa converted to offices. The premises is circa 600 square feet and comprises offices, toilets and storage. To the outside there is ample parking. The rent is circa £10,000 per annum with rates of circa £2,000 per annum. The lease period is negotiable.
The business maintains excellent ongoing customer relationships and also benefits from an attractive and comprehensive website detailing the current product portfolio.
Growth & Expansion:
The business has been managed for growth according to resources available to manage that growth within the company and so there is an opportunity to leverage greater resources for the undoubted growth that exists within the incumbent customer relationships. The reputation the business enjoys within the toy industry could be further exploited by expanding the sales effort to include new customers in the UK and abroad.
Support & Training:
The vendor would be happy to help with a smooth transfer of the business in any way possible.
Reason for Selling:
Genuine retirement sale.

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Reeta Verma

Business Listed By:
Reeta Verma

Turner Butler

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