Electronics distributors put on the market for sale

Mon, 30 Jul 2018 | BUSINESS SALE

A buyer is being sought for North Manchester-based electronics wholesaler.

E-Sunrise Distributors has been put on the market by its current owner, Masuma Jesani, who has appointed Blacks Business Brokers to handle the sale of the business.

The sale will not only include the company, but also its operational leasehold premises.

Established in 2003 by Jesani’s son, E-Sunrise moved to its current location on Broughton Lane last year.

It distributes a number of electronic goods including toys, general household and industrial tools, computer accessories, and sells to both retail and wholesale buyers. In more recent years, however, the business has grown significantly and supplies to a number of leading distribution companies in the IT sector.

The company’s turnover in 2016 was £1.5 million but dropped to £1 million in 2017. Jesani cited health problems as the reason for the distributors’ decline and why she decided to put the business up for sale.

Blacks Business Brokers’ marketing facilitator, Eve Pawsey, said: “This business is well-established, profitable and has very strong lines of credit with its suppliers. This means it can supply really big orders without having an impact on its cash flow, and is able to hold a large amount of stock ready for next-day delivery.

“The current premises benefits from low rent and no business rates, while being close to Manchester city centre, but because it’s essentially able to fulfil orders from anywhere it could be relocated.”

A guiding price of £149,950 has been set for the sale of E-Sunrise Distributors.

For more news stories about businesses for sale click here. For all our business listings, click here.


Share this article



Latest Businesses for Sale

Specialised Confectionery & Bespoke Packaging Producer
UK Wide

A well-established brand offering and a market leader in its field. Strong relationships with blue-chip clients and suppliers. Potential to expand the company internationally. Excellent acquisition for companies operating within synergy sectors. UK-b...

Asking Price: Offers Invited
Turnover: £660,000

RELOCATABLE


Electrical Wholesaler
West Yorkshire, Yorkshire and the Humber, UK

Well Known Family Run Business. This is a long established family run concern. It operates from spacious trading premises in an ideal trading location on a busy main road. Retirement Sale. Tremendous Potential. Offers invited.

Asking Price: £85,000
Turnover: £350,000

LEASEHOLD


Palletised Freight Distribution & Storage
UK Wide

This is a well established business with a first class reputation that has been steadily built over the last 20 years. The business operates as part of a nationwide network but is not a franchise operation. There is a first class fleet of vehicles, a...

Asking Price: £3,750,000
Turnover: £3,700,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
17
 
Jan
 

Sample book and shade card manufacturer acquired from administration | BUSINESS SALE

The business and assets of Yorkshire-based display products ...

 
16
 
Jan
 

Northgate and Redde shareholders approve merger | MERGER

The proposed merger of listed companies Northgate and Redde ...

 
15
 
Jan
 

SSE sells retail business to OVO Energy | DIVISION SALE

Power utility SSE has announced it has completed the sale of...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
03
 
Jun
 

Fine dining restaurant put up for sale | BUSINESS SALE

A fine-dining restaurant and bar located in Haughton, Staffo...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources