VEX00832 Exclusive Supplier of Hand Crafted Home and Garden Wares Business – SOLD

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VEX00832 Exclusive Supplier of Hand Crafted Home and Garden Wares Business - SOLD Vexus Corporate Limited

VEX00832 Exclusive Supplier of Hand Crafted Home and Garden Wares Business - SOLD Vexus Corporate Limited
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Exclusive Supplier of Hand-crafted Home & Garden Wares Business For Sale
Business Reference: VEX00832
Please direct all enquiries to:

Tony Vaughan
(T) 0330 133 2020
Vexus Corporate Ltd. 78 Pall Mall London SW1Y 5ES

Business Overview

Our client is the UK market leader within their specialist marketplace. The business was established in 1985 and was the first to introduce the famous and hand crafted products direct to the UK market. The business can supply 100+ designs in many sizes and offers customers the world’s largest selection of these unique products.

This family run business is well established and a proven and trusted supplier to many clients across the UK and overseas. The business has the benefit of exclusive UK distribution rights from the highest quality manufacturer of these traditionally crafted products.

The business operates from a large showroom in the South of England with growing online sales and much repeat business from a growing base of 23,000 customers in the UK and overseas.

Business Highlights

  • Business and brand established for 30 years
  • Exclusive UK distribution rights from highest quality manufacturer
  • Unique, hand crafted products created to traditional and ancient methods
  • Royal Warrant holder (Supplies to HRH Prince of Wales, Buckingham Palace, High Grove)
  • National & International client base of 23,000+
  • Growing online sales (currently circa. 30%)
  • Large indoor / outdoor showroom with restaurant / cafe
  • Opportunity to greatly expand retail and online business
  • Additional opportunities in the USA & UAE

Reason for Sale

Our clients purchased this business in 2005 and after 10 years of owning and further developing this business, the existing shareholders have decided to prepare for retirement. They believe that the business and its next phase of growth would be best realised in the hands of new owners with the commitment, enthusiasm, and resources to drive the business forward.

The business is run on a day to day basis by the existing owners who are prepared to fully support an agreed hand-over period, as required by the purchaser.

Summary

This is a rare opportunity to acquire a small, profitable and market leading business. The company is long established and protected by significant barriers to entry having built a market reputation and brand, supported by its exclusive UK distribution rights and long term relationship with the manufacturer.

“Exciting business growth opportunity”

This business offers an excellent acquisition opportunity for an existing retail / online supplier at the premium end of the home / garden ware market. Further exciting growth could be achieved via both retail expansion and online. Alternatively, the business offers safe entry for a new operator looking to enter the specialist and premium retail sector.

The Next Step

THIS BUSINESS HAS NOW BEEN SOLD.

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