Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Sold. Hoses, Connectors And Fittings For The Air And Fluid Industry

LISTING DETAILS
Firms For Sale ID:
35033
Vendor reference:
AD044
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£279,000  
Turnover / revenue:
£573,000
Net profit / cashflow:
£130,000
Years established:
25
Number of employees:
1
Employees / staffing:
The business is managed on a day to day basis by the current owners and one full time member of staff. The adjusted profit figure is arrived at after imputing a salary to replace one of the two owners.

OTHER DETAILS
Reason for selling:
Retirement
Support and training:
The current owners would be happy to provide full training and support at handover.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
There are no long term lease obligations. This business is fully relocatable. In any case the current rent is very low at £6,000 per annum.
 
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BUSINESS DESCRIPTION
A long established business operating in a niche market distributing hoses, connectors and fittings for the air and fluid industry
Ref. AD044
Location : Essex
Asking Price : £279,000 plus NAV
Turner Butler has been appointed to invite offers of purchase of the issued share capital of this very well established business which offers a broad range of products and technical knowledge to its customers.
This long established business offers a unique service bringing together a broad range of products and technical expertise. The company distributes a wide range of adaptors and fittings, pipe fittings, hose, tubing, valves, clips and clamps. It`s procurement expertise ensures best value for money across its entire catalogue.
Customer service is paramount and is borne out by the very long standing relationship with the company`s loyal and trusting customer base.
A long established and tested business model operating in a very niche sector. The company enjoys strong repeat business.

Expansion Potential
Annual revenue has remained historically consistent. A trade purchaser of the business could boost revenues by introducing their own customer data base. This business operates in a very niche sector with limited competition.

Market / Competition / Non-Competition Agreements
The company enjoys a very low advertising spend and relies heavily on its loyal customer data base and excellent levels of ‘word of mouth recommendations.