Business for Sale Overview:
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
This business has been extremely well managed and driven by its Directors since year 2000, from its current base in Birmingham, although the base of operations is shortly to move to Middlesex. The business was developed by the Managing Director from his lengthy and generic contacts within the same industry in Hong Kong. The daily operations of the company have been impressively simplified by its Directors, and all Warehousing and Dispatch are outsourced to a third party company.
The watches which are supplied wholesale to a wide variety of clients are manufactured by a company in Hong Kong with over 30 years experience. The company in question has sole UK distribution rights for the complete range of watches produced by this renowned and trusted supplier, which range from high-end designer products produced under license, through a solid sterling silver range, to a children LCD (digital) range. The company also produces own brand products for a further 10 plus well known High Street brands.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business currently operates from an office in a converted historic warehouse in Birmingham, for which it currently pays a rental of approximately £10,000 per annum. As previously discussed the business is shortly to be relocated to Middlesex and in essence could operate from any location of your choice in the UK.
Market Competition and Expansion:
The business has no need for conventional advertising and marketing due to its sector and business model. However, the company owns and maintains two Internet websites.
Reason for Selling:
Other Business Interests.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.