A wholesaler and distributor for books based in the South of England & India

  • Price: £1,000,000
  • Leasehold Price: £1,000,000
  • Annual Turnover: £1,540,713
Seller Ref:48806
For Sale

A wholesaler and distributor for books based in the South of England & India

Seller Ref:48806
  • Price: £1,000,000
  • Leasehold Price: £1,000,000
  • Annual Turnover: £1,540,713

Description

Combined turnover of £1.5m for the year ending December 2021
Combined adjusted EBITDA of £162k for the year ending December 2021
The world’s largest wholesaler for South Asian books outside of the region
Excellent relationship with leading book retailers and publishers
Scope for future growth through market expansion and effective marketing
Established in 1985
Solved the problem the book trade had with Indian expectation of advance payment, unreliable supply, poor quality books and service, long supply times, no returns, no credit, and no response.

Kings Corporate are delighted to present Project Avenue, a wholesaler and distributor of English language books based in the South of England. The business offers books which are sourced from across the South Asian region and is currently generating 80% of book sales revenue through leading international online retailers. The remaining revenue originates from a variety of other retail platforms. With an excellent reputation for reliability, a prominent website, and strong turnover figures. Ref: 48806

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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