Art & Craft Wholesale Business For Sale
A retailer of art and craft products, predominantly into the education sector is being marketed for sale.
Located in West Yorkshire, the business supplies mostly into the primary and early years education sector, with the majority of customer relationships being governed by local authority framework agreements.
Currently a division within a larger organisation, the business receives little management attention, with day to day operations being successfully managed by 2 full time employees, who would be happy in principle to remain with the business.
Due to re-sourcing decisions, the business is currently carrying significant stock (c £120,000) but a purchaser could expect to reduce the ongoing levels required.
Sales are in excess of £300,000, delivering a gross margin of c £90,000. The guide price for assets and goodwill is £175,000, to include stock of c £120,000.
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