Business For Sale

Industrial/Workshop/Garage Equipment Sales & Distribution Company


Ref: GM016
Location: , United Kingdom
Asking Price: £2,160,000
Annual Turnover: £2,430,000

Annual Net Profit: Not Set
Gross Profit: £0
EBITDA: £242,000
Premises Type: Leasehold

Business Description

Business Profile

This well established and very reputable business was set up almost 30 years ago by the current vendor and in that time has grown into a highly professional and respected supplier of Industrial,Workshop and Garage Equipment products. The company  provides a broad range of high quality branded products,consumables and components to customers within a variety of markets including the  industrial, agricultural, motor,  commercial, manufacturing and production sectors.

 

Approximately 75% of  revenues are from direct sales with the remaining 25% being made up of repairs, calibration, certification and installation services. These additional services provide customers with unrivalled customer service and support and ensure ongoing  revenues for the business, not to  mention  helping to forge sterling customer relationships.

 

The company can boast a very large and loyal  customer base (circa 2500 active account  customers) who rely on this business to provide them with the correct products  that are readily avaiable,  fit for purpose, and come with the appropriate aftersale service and technical support. Sales come via the  telephone, website, trade counter, email and through two external sales representatives with items being delivered or on collection.

Over the last few years the business has expanded into e-commerce and online sale of  certain smaller product lines and has enjoyed  significant success in this arena so much so that well in excess of 35% of current sales revenues  are now generated via the internet.

Because of its service level approach to  business the company enjoys impressive levels of referrals and repeat business.

The current  customer list is very impressive and includes large blue chip clients who have significant presence in the region as well as small/medium organisations on a local, regional and national scale. The spread is good and as such the busiens has no over reliance on any one customer, sector or region.  The majority of sales are within the  UK with a very small percentage (circa 1-2%) shipping overseas.

The business has set up an enviable supply chain over the years and sources parts direct  from reknowned manufacturers/suppliers that are leaders in their fields. These supply partners provide a choice of in demand reliable goods  that are synonymous with quality and the brands speak for themselves.

The company has a strong asset base, generates impressive profits, has a sterling reputation and  holds a large level of high quality stock  which ensures it can deliver  mission critical items to  its clients time and time again.. The vendor has put in place a talented team of staff with key  employees in place for each part of this multi-faceted business which ensures it runs smoothly on a day to day basis without the need for his day to day involvement.

Confidentiality Form / NDA

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Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into.

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

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This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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