The opportunity has arisen to acquire the entire share capital of an owner-managed business whose primary activities are that of supplying office stationery and furniture.
- The business has been established for over 70 years and has a retail presence in Manchester city centre, together with warehouse facilities, enabling the direct delivery of products to customers.
- The business has been under the management of the current owners for 15 years and was incorporated in 1999.
- The company supplies stationery to the general public from its retail premises. It also has key accounts with several local and national businesses supplying them with office stationery and furniture.
- The company is liquid with a cash balance of over £78k at the end of the last financial year.
- The company has an enviable reputation for quality of service and support within the industry.
- A summary of the company's financial performance over the last 4 years is as follows:
|
|
6m to 30/09/07 |
2007 |
2006 |
2005 |
|
|
£’000 |
£’000 |
£’000 |
£’000 |
|
Turnover |
249 |
454 |
496 |
384 |
|
Gross Profit |
75 |
134 |
156 |
112 |
|
GP % |
30.1% |
29.6% |
31.5% |
29.2% |
A full information memorandum is available subject to the usual clearance. If this business is of interest to you, your clients or contacts, please contact either:
John Jones at john.jones@beeverstruthers.co.uk or on 0161 838 1827; or
Laura Bamber at laura.bamber@beeverstruthers.co.uk or on 0161 838 1836
I IMPORTANT NOTICE. This document does not constitute an offer to subscribe for or purchase shares and no contract may be entered into on the basis of the information contained herein. The information in this document is supplied as a guide only and prospective investors must make their own investigations and must satisfy themselves as to the condition and prospects of the Business and the accuracy and completeness of the statements contained herein. The owners of the Business have provided the information within this document. Such information and representations have neither been checked nor verified by Beever and Struthers. The information contained in this document and any further information relating to the Business supplied by or through Beever and Struthers is, and will be supplied only on the condition that neither Beever and Struthers nor any officer, partner or employee of the Business or Beever and Struthers is liable for any error, omission, or inaccuracy contained herein whether negligently caused or otherwise, nor any loss or damage suffered by any person due to such error, omission, or inaccuracy, as a result of such supply.
