Leading B2B Books Wholesaler

Description

Business Opportunity

An opportunity exists to purchase the business assets of a leading UK books wholesaler to retailers both nationally and internationally.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation as appointed agent on behalf of the vendor.

Business Overview:

• The Company has a strong presence in the marketplace.
• Blue Chip customer base.
• Strong relationships with key publishers (UK and Globally).
• 185,000 sq.ft. fulfilment warehouse leasehold premises.
• Market leading stock control systems.
• Access to over 13 million titles.
• 200,000 titles held in stock.

Assets Available for Sale:

• Chattel Assets.
• Stock held.
• Leasehold premises.
• Established customer base with Blue Chip clients.
• Software Systems.
• Intellectual Property.
• Goodwill & Business.

Financial Information:

Full Year to 31/12/16:

• Turnover: £149,804,000
• Gross Profit: £14,571
• Operating Profit/(Loss): (£981,000)

Full Year to 31/12/17:

• Turnover: £168,397,000
• Gross Profit: £16,081,000
• Operating Profit/(Loss): (£15,920)

Full Year to 31/12/18:

• Turnover: £249,642,000
• Gross Profit: £25,088,000
• Operating Profit/(Loss): £9,225,000

Location:

East Anglia, UK.

Deadline for Offers:

Any party interested in this opportunity is encouraged to promptly contact Middleton Barton, and to sign and return a Non-Disclosure Agreement (issued on request).

Further Information:

Please contact Damian Short on 0161 2172727 or by email [email protected]