Business Summary:
Suppliers of Press Brake Tools
Ref.JH013
Location West Yorkshire
Asking Price £ 100,000
This is a excellent opportunity to aquire a well established business who offer a full design and manufacturing service to end users of press brakes plus supplying new and used machinery, and service work allied to the fabrication industry.
The two partners in the business keep in close contact with their clients and are responsible for the design and pricing of each individual job. The drawings are then sent directly to sub contract factories for manufacture and are then delivered directly to their clients.
The business was established in 2002 by the two owners and has built up a good reputation for their industry knowledge and become a well known and trusted supplier mainly to the engineering and fabricating industries. They have a databse of over 1,000 active customers and a huge database of essential drawings for tools which in many cases help to speed up the ordering and supply of the vital equipment.
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| Year
Business was Established: 2002 |
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| Facilities / Terms of Lease:
The business runs from small offices in an office development and business park. The rent is circa £500 per month, including rates and services. They also have a small storage area which they pay £70 per month.
The business is totally re locatable. |
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| Potential
Growth/Expansion:
N.A. |
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| Competition:
The company, whilst being successful and gaining an excellent reputation needs some small investment. They sometimes miss out on orders by simply not carrying the stock of basic press brake tools. The owners have suggested that the company could grow immediately by circa 30% simply by carrying a minimum stock allowing for speedier delivery than the company can offer at present. Most clients are reluctant to wait for production as it keeps their machines idle, therefore there are many occasions when orders are lost as supply can take up to three weeks from receipt of the order. |
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| Owner
willing to train:
The owners would be happy to help out with a smooth transition of the business and help in anyway possible. |
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| Reason for selling:
One of the two partners wishes to retire. There is an option to retain the other partner if new owners should wish. |
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Seller Reference Number: JH013
BusinessMart.com Listing Number: 65037 |
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