BUSINESS DESCRIPTION
Import Distributor/Supplier Agents of Children’s Toys
Ref. IO036
Location : South Wales
Asking Price : GBP450,000
This is the perfect opportunity for someone to acquire a well established designer, manufacturer and distributor of childrens toys who manufactures a wide and diverse range of rideon and outdoor plastic toys for children, with a manufacturing location in Hong Kong and distribution and sales to well known UK retailers based in a busy town centre office in Wales.
Customers vary in size from the smallest retailer to the largest and best known retail brands in the Country, with whom the business maintains excellent long term relationships.
The business is managed from an office and distribution centre here in the UK and also has a small administrative office and comprehensive factory facilities in Hong Kong.
The business has been profitable throughout its many years of trading and the Vendor advises that there is no prospect of the current and historic levels of business reducing.
Expansion Potential
The business has been managed for growth according to resources available to manage that growth within the company and so there is an opportunity to leverage greater resources for the undoubted growth that exists within the incumbent customer relationships.
The reputation the business enjoys within the toy industry could be further exploited by expanding the sales effort to include new customers in the UK and abroad.
Market / Competition / Non-Competition Agreements
The business maintains excellent ongoing customer relationships and also benefits from an attractive and comprehensive website detailing the current product portfolio.