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Requiring business partner to grow business to 5m turnover

Member: chrisbawden
Located in: Merseyside, United Kingdom (Great Britain)

Business Details

Looking for:
  • Established business - looking for partner
Experience:
  • Administration
  • Design
  • Financial
  • Information Technology
  • Management
  • Manufacturing
  • Marketing/PR
  • Sales
Industries:
  • Internet Services/ISP/Web
  • Retail Trade & Shops
  • Wholesale Trade

Background Information

Sector - Lighting Retail and UK Wholesale Distribution
Established business which begun trading in 2009.
Turnover 2.1m, gross margin 45%.
Our Plan - By end 2018 to have achieved 5m turnover.

Looking for:
A business partner to come on board to help me grow the business. They should be successful and experienced in either e-commerce sales and/or wholesale/distribution of goods into the retail sector.

They should be able to add value in marketing, business growth, bring strong management skills and hopefully come with a book of contacts to help grow sales.

My business:
Started in 2009 selling lighting products mainly LED to the trade and retail sector. We have enjoyed strong growth year on year.

The business was a home start up and today we have 16 employees incl myself.

Turnover:
Year 1 - 300k
Year 2 - 700k
Year 3 - 1.2m
Year 4 - 1.7m
Year 5 - 2.1m
We have made a profit every year and enjoyed huge growth.

Growth:
I am very ambitious and i have plans to grow. 2014 was the year where we introduced many new changes within the company. Including
30K investment into a new website.
40K investment into a new order management/stock control solution.
30K investment into new premises and refurbishment.

By year end 2018 I will achieve 5m turnover without any business partner coming on board.

I believe if I can bring a business partner on board whom can share the business with me, if they have the right skills we can comfortably achieve 6.5m-7.5m by the end of 2018.

There is a fundamental reason that i believe this can happen.
1) Our marketing strategy can very much be improved and we can seriously improve our web/online performance to gain a much larger share of the market.
2) I have managed to win exclusive distribution of a unique product range. A range of products which is achieving over 20m Euro only in France. And it is also doing similar levels in other european countries.

The distribution of this product will be through high street DIY chain stores, garden centres and independent retailers.

This is a fantastic opportunity for an experienced, motivated investor to come on board, help grow a business and make an incredible profit with 3/4 years.

Any questions at all, please contact me. And i would be delighted to hear from you.

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