Commercial and Domestic Supplier of Hand/Power Tools Bolts and Bearings
Location : East Anglia
Asking Price : £109,000 plus SAV
Turnover : £485,000
Net Profit : £46,000
Gross Profit : Undeclared
EBITDA : £46,000
Net Asset : Undeclared
Premises : Leasehold
Confidentially offered for sale
Gross Profit: 25.5%
Net Profit: £46,000
20 years established
Highly experienced team
Well known brand
Turner Butler has been appointed to invite offers for 100% of the issued share capital of this long time established Hand/Power tools, bearings, bolts, and welding business.Business Profile
The company provides an efficient, reliable bolts and bearings service in East Anglia. They repair tumble dryers, washing machines, building and mechanical equipment, earth moving equipment and air conditioning units - over 50% of their turnover is from Hand/Power Tool sales.
With 19 years industry experience, the business provides an efficient, reliable service across East Anglia.
100% of the issued share capital of the company is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover c. £485,000
Gross profit c. 25.5%
Adjusted net profit c. £46,000
The asking price of £109,000 plus stock is for 100% of the issued share capital of the company.
The company`s long standing reputation removes the need for any significant advertising spend.
The company operates out of leasehold premises with current annual rent and rates totalling £7,000.
The business works with sub contracted labour and two employees.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at email@example.comTurner 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')
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