An opportunity to acquire a wholesale supplier of leading healthcare and wellness products.
Hilco is delighted to offer for sale the business and assets of Project Apollo a B2B supplier of leading healthcare and wellness products to an international market. The business offers an excellent opportunity either as a standalone company, with scope to expand the existing product portfolio, or as a bolt on opportunity to an established operator.
The salient details on the business are as follows:
- Wholesale supplier of UK branded healthcare products, stocking leading British brand vitamins and supplements alongside natural and traditional toiletry ranges.
- Long established name with the business having traded for in excess of 45 years.
- Operating in the retail, wholesale and export sectors with c.500 active customers.
- Holding an exclusive distribution deal with a leading manufacturer as well as having strong relationships with other key suppliers.
- Product range includes vitamins, minerals, supplements, baby care, haircare, skincare, first aid and dental care.
- Loyal customer base with approximately 2/3rds of income derived from existing customers.
- Comprehensive e-commerce website generating significant traffic with c.1,400 accounts opened since 2021.
- Operating from a fully equipped leasehold warehouse in south London extending to 16,000 sq ft and benefitting from good transport links.
- Longstanding experienced and skilled workforce.
- Turnover for year ended 30th November 2022 c.£4m
Business Assets
Available assets include:
Intellectual Property Assets – the established brand name, e-commerce website, domain and content.
Customer and Supplier Relationships – the longstanding customer and supplier partner relationships
Organisational Knowledge – an established team with a detailed understanding of the healthcare and wellness market and products.
Warehousing Facility – the fully equipped warehouse and business assets
Goodwill – the valuable goodwill attaching to the business.