This superb concern is currently situated in the Birmingham area and ran from home but this could be relocated anywhere within
the Midlands area.
Veritas Business Sales are privileged to offer to the market this well respected toy wholesaler. Our client has had many years
experience within this industry and decided to set this up in 2004. This opportunity is being offered to the market due to the
vendor wanting to reduce his work commitments and semi retire. However he is keen to see that business continues to trade and
expand and should the new purchaser require help then he has stressed that he would like to stay on and continue in a part time
role by servicing existing clients and prospecting to open new accounts.
The business supplies children's toys to independent convenience stores and retailers which he visits on a 5 weekly cycle to
replenish stock and take payment for stock used. The products retail at between 99p - £4.99 and calls are mainly within the
Midlands area but 1 day is required in Bristol and another in Mansfield every 5 weeks. The business has an annual turnover of
£136,970 with a 50% GP.
The business has approximately 300 live accounts at the moment which historically has been up to as many as 600 accounts. The
vendor has been running this at a pace to suit himself so there is huge potential to expand the business again and it would make an
ideal bolt on for an existing wholesaler who supplies different products who can add these accounts to their own. This would also
suit a first time buyer as training and support from the current vendor is to hand.