Wholesale Distribution Of Giftware For The Retail Tourism Industry for Sale
Relocatable : £ 150,000
The business operates from rented premises, however it is fully relocatable and this is what is expected will happen.
Wholesale Distribution of Giftware for the Retail Tourism Industry
Location : Dublin - Relocatable
Asking Price : Offers in the region £150,000
Established in 1991, this family run business is quite unique in that it is a truly independent wholesale supplier of general giftware to the retail trade, targeting and distributing to the tourist market across Ireland. Product lines are all high quality and include nautical giftware, fossil and gemstone products, standard souvenir products, home interior décor, personalised fridge magnets and much more. The diversity of the product range ensures sales to the home tourist, UK tourist and the international visitor. A small percentage of the trade is also to the non tourist, domestic market.
The business proudly boasts a product range offering one of the largest selections of souvenir products that can also be personalised to customers’ requirements.
The business has a loyal following and limited competition, supplying to independent retail outlets, visitor centres and tourist attractions. 90% of sales go to exisiting credit customers.
Although all the products originate in the Far East, the business actually purchases from UK wholesalers. This is done on a credit arrangement, which is a definite advantage and allows the business to practically buy to order. Similar businesses often pay upfront fees purchasing their goods directly from the Far East.
The business has a good market outlook. A new owner with sound management experience, impetus and energy could introduce a wider range of products to drive the business forward, thus exploiting the many new business opportunities available.
||The two owners are responsible for the day to day operation of the business.