INDUSTRY

Other Consumer Products

BUSINESS SUMMARY

Baby Goods and Services Retailer Confidentially offered for sale Ref No: AB095 Location: North East Asking Price: £500,000 The current owners spotted a gap in the market over four years ago, to open a baby shop selling all baby equipment, in a busy town centre shop in the North East. They have now built up the turnover to circa £250,000 selling mid to top end market, branded product. They are also have an extremly competitive pricing structure,which accounts for the continual rise in sales. They specialise in, prams, pushchairs,cots,car seats, bedding and toys,stocking the brands which can’t be bought from the national multiples. The quality of the product and service just cannot be matched by the large retail chains. The owners offer the only full range of branded products in the town,making them a one stop shop for baby neccesities. They run package deals for their customers,which are extremly popular. This takes away the problem for the new parents of hunting around for different items whilst saving them money. Everything has a six month manufacturers warranty,and there is a car fitting service available if required

	BUSINESS FINANCIALS
Asking Price: £500,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The company spends a little money on local press advertising and handing out leaflets in store. Most of their suppliers provide them with catalogues and brochures which can be distributed. Most of the business comes from word of mouth recommendation and passing trade on the high street. There is room to develop the web site as an extra marketing tool
	DETAILS ABOUT THE SALE
Support & Training The business runs smoothly and is simple to administrate. The current owners would be happy to help, and ensure a smooth handover . Reason for Selling One of the two partners is wanting to emigrate to Spain and the other partner wants to explore other business interests. Is Management Willing to Stay? No Are You An Intermediary? No