Retail Merchandise Movers
Leasehold - £220,000
Advent business sales are pleased to offer to the market, this extremely well established retail merchandise moving company which as been trading successfully for the past seven years.
The current vendor has been in constant ownership since its inception.
The owner is reluctantly selling due to a change of career.
The company offers a very valuable service to major retailers, which is the alteration of goods/displays from one position to another, all to be achieved without disrupting the shops customers.
This takes a great deal of planning and organisation.
To execute this work the company employs selected personnel from a database of thirty who are employed on temporary contracts. Some of these people have been working with the company from day one and are usually night workers.
The customer base ranges from Morrisons to B&Q, Tesco to Homebase, Sainsbury’s. The retailer provides a floor plan or plannogram to the company to work from. At present the company gets their work through a third party to whom they invoice, at the rate of per shift x per person required basis.
Tesco have recently put them on a ‘corporate purchasing’ list due to their service and standard of work. In fact the other major retailers are also requesting the third party that it is this company they provide to do their work.
REF: 9042S
EXPANSION POTENTIAL
Due to the status, the company has won by their hard work particularly with Tesco their forward ‘order book’ is looking fantastic, profits and turnover can only rise in this next financial year.
We envisage that this business would be a fantastic ‘bolt’ on’ for either a similar company looking to expand their influence or indeed to a recruitment agency where larger retailers require them to provide teams to do this type of work, either way, this company has much to offer a new owner.
9042S
South Yorkshire
Our client is conveniently located on a business park, in a major city in South Yorkshire., although it can be relocated anywhere.
Corporate Businesses, Service Businesses
BUSINESS PREMISES
The business is run from 2 offices within a purpose built office complex. The business can be relocated anywhere.
Usually Nights and some weekends
TENURE: Leasehold
Original lease: 3 years
Remaining lease: 2.5
Review every: 3
Rent: £340 pm Inc rates.