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Well Established E-Commerce Business For Sale

Borehamwood, Hertfordshire

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For Sale

£395,000 +SAV

Ref: B06433

Business Only

Overview

Please quote reference B06433

Hilton Smythe are delighted to present you with the opportunity to purchase this extremely profitable distribution business.

M & D GEE has been successfully supplying the leisure industry for 25 years with many high-quality products to enhance the alfresco environment.

Established in 1996 our clients introduced Gas Patio Heaters to the Commercial Sector, which have now become an everyday product.

The business has become the leading distributor of Germany’s top manufacturer of Giant Umbrellas, which can be either permanently installed or mobile, with several installation options. Heating, Lighting. Timer switches for the heaters can also be added to our umbrellas. An innovative system pioneered by M & D Gee is a system whereby the quartz heating systems on the umbrella, doesn’t need to be removed when it’s being closed

This business has seen the net profit increase by 5 times in the last year due to the covid pandemic there is a massive need for our clients’ products! The only reason the business is now being offered to market is our client is ready to put his feet up and happy to leave the business as it hits a boom with orders and pass the business into a new ambitious owner.

Over the past 25 years, M & D Gee have built up a massive customer base, including The British Museum, Hilton Garden Inns, Tate Modern, Benugo, Honest Burgers and many more.

The following is included in the sale:

  • Website (www.mdgee.co.uk)
  • Phone number linked to business
This is an excellent opportunity to acquire a successful business with huge potential for expansion.

Turnover
We are advised the business generated a turnover of circa £730,000 as of 2021, further financial information can be made available upon request.

Please quote reference B06433

The business is run by our clients.

The business trading hours are as followed:

Monday to Friday - 09:00am - 17:00pm

Saturday & Sunday - Closed

The business is based from rented office, therefore benefits from being a fully relocatable business with low overheads with option to run from home.

The business is currently being run from an office on a rolling lease to suit our client therefore benefits from being a fully relocatable business with low overheads.

Tenure
Business Only.

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