Est 1980, Nationwide Client Base
Accounts To 31st Oct 2017
Annual Turnover £528,088
Gross Profit £215,096
Accounts Available Upon Request
Tremendous Scope to Introduce Web Sales
Sole Agency Rights for Numerous Products
EPC - Not Required
This outstanding wholesale business operates in the marine sector catering in the main to suppliers of leisure craft equipment and ancillary products.
The business is currently run from an office situated at the current owners home address, this being a substantial farm estate, which also allows for storage facilities. The business is being presented as Relocatable as this location is entirely immaterial. However, a short lease may be a possibility to allow for a transition period.
The business occupies a prominent position in the marine market, a situation enhanced by the fact that Midland Marine Supplies has secured a number of sole agency rights for a number of products.
To add even further to the business,over the past years, it has secured a number of manufacturing rights for various products, these it then has produced by sub contractors. The business also has a well established list of loyal clients which have been dealing with them for many years.
Consequently, this is a dynamic and thriving business which, most importantly, makes significant profits that are in turn demonstrated on the accounts.
The business operates with 3 members of staff. The staff take on delivery roles and warehousing roles.
Although this is an already profitable business with a successful operating structure, new owners with an entrepreneurial spirit, will undoubtedly see this as a launch pad to the next step into what is a growing market.
Computer system with extensive database; production rights to various products and sole rights to others
Monday to Friday - 09:00 to 17:00
Is accommodation included?:
The business is being presented as Relocatable, therefore new owners will need warehousing facilities and ideally, office space. Short term, our vendor will consider a short lease of the current warehousing facilities for a transition period.
Relocatable - Rent Not Applicable