A Long Established Work from Home Book Supplier business for Sale

This business was created in 1995 and has been trading ever since (around 27 years), located in East London this well-known and long-established business plays a uniquely rare role in today’s times.

This is a Work from Home business that specializes in the supplying of a variety books to its clients.

The range of books supplied ranges from Academic books to Business activity/management books.

In addition to the physical suppling / distribution of books, the business also plays a key role in the setting up and the stocking of new libraries with books.

The business operates mainly on a Tender and RFQ basis.

Once a tender or RFQ is approved then the books are ordered directly from the publishers and then distributed to the client. While this may seem like a simple process, book publishers are extremely reluctant to supply books to individuals and as such this business plays a critical / unique role in the obtaining and distribution of books.

Profit margins are superb especially as this is a work from home operation and thus operational expenses are low.

This long-established business has developed a solid reputation for its timeous service delivery which has played a major role in the business’s longevity.

The current client base consists of Universities and Government Institutions.

The asking price includes all equipment / assets and the current client base.

A full handover and training will be provided by the Seller to the new owner.

Established, profitable, a solid reputation for service delivery, priced to sell and with fantastic growth potential this a superb opportunity not to be missed.

Financial Information

Current Annual Turnover:

+-R810 000 (Feb 2022)

Current Annual Net Profit

+-R 200 000 (Feb 2022)

ROI%

+-40%

Assets / Office Equipment:

+- R100 000 (Included in the asking Price)

Stock on Hand:

+- R10 000 (Included in the asking price)

Rent & Lease Terms:

+-R 6500 (Work from home business) – Water and Electricity

Vat registered:

Yes

Franchise:

Not part of any franchise group

MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT

BuSiness Information

Industry

Work from Home Book Supplier  

Asking Price

R495 000 (including stock on hand)

PROVINCE

Eastern Cape

CITY

East London

Premises Size:

This is a Work From Home Business

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Hours of work:

Mon to Friday: 08h00 to 16h30                    Sat:                    as required                            Sun:                   Closed

  

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Buyer Profile:

This business is ideally suited for a husband-and-wife team, another similar business looking to expand their business footprint or any entrepreneur who is looking to enter this market segment

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Growth Potential:

This business already has an established client base which can be expanded, increasing the business’s operational footprint into to other areas. The attending of Book Display Events and the addition of new products / services to both new and existing clients.

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Reason for Selling:

Retirement from the industry / Emigration

Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

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Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070