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Door to Door Leaflet Deliery Business
A well-established business, located in Coventry, that predominantly provides door to door leaflet distribution services in the Warwickshire area is offered for sale. The operation is run from a leased warehousing unit with a couple of additional remote storage facilities.
The majority of revenue relates to leaflet distribution, although the business does also offer design and print services. The vendor works around 30 hours in the business, supported by a couple of part-time employees. The distribution itself is subcontracted to a longstanding team of self-employed delivery personnel. In a typical week, the business will deliver to up to 50,000 houses, comprising around 50 rounds and managed by a team of 20+ subcontract delivery people.
The customer base consists of a mix of the private, public and charity sectors. The largest customer accounts for only 1S% of sales and around 40 clients are typically invoiced on a weekly basis. Sales have grown year over year and have now reached in excess of £250,000 delivering earnings before owner drawings of c £70,000.
The owners have other business interests and feel that this business will now be best served by new ownership in order to continue to drive it forward. They can be flexible over handover arrangements in order to ensure a smooth transition of ownership.
The guide price for 100% share of the business is £135,000, to include a Balance Sheet with a positive Net Asset Value.
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