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Businesses For Sale > Business For Sale in Surrey, UNITED KINGDOM - UK (UK)

IT080 -Surrey-£245,000-Well Established Supplier of Welding Tools, Engineering Supplies and Consumab for sale in Surrey, UK

Surrey, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 245,000 £ 525,000 Undisclosed

Business Summary:
Well Established Supplier of Welding Tools, Engineering Supplies and Consumables Ref.IT080 Location Surrey Asking Price £245,000 Very well established – operated for many years by the current Owner, this is one of the leading suppliers of welding tools, engineering supplies and consumables in the south east of England. Whether it’s welding machines or consumables, gas, gas equipment, power tools, hand tools and abrasives, this is the place to come. With accounts with the vast majority of the major manufacturers operating in its sector, this business is literally a ‘one stop shop’ with a customer base that ranges from the DIY’er right through to the local manufacturing, engineering and construction businesses, which represent over 150 trade accounts. A large proportion of turnover arises from export sales to countries right across the world and in particular to companies operating in the petrochemicals sector. The business also supplies a number of other smaller distributors in its sector that don’t have access to the accounts of the major manufacturers this business has. The main aim of this company is to fulfil orders both speedily and competitively. This company has a wide range of stock readily available. And if it isn’t available this business will source it. Staff are knowledgeable, professional and pride themselves on delivery. Not just limited by what’s available ‘on the database’, or ‘in the catalogue’, the ability to source anything from anywhere is ingrained in all staff and the cornerstone of the success of this business.

 

   
Number of Employees: 1FT/4PT  
   
Facilities / Terms of Lease: There is a car park to the rear with additional free street parking available, adjacent to the site. Rent and Rates currently total £24,000 per annum (to include Rates at £650 per month). Situated in an up and coming residential area, outline Planning Permission is being sought for residential development. The freehold is available subject to negotiation in addition to the Asking Price for the business – at the prevailing market rate taking into account the planning opportunities. The owner has indicated an offer in the region of £350,000 for the premises plus a share in the profits from re-development may be acceptable.  
   
Potential Growth/Expansion: N.A.  
   
Competition: Apart from advertising in specialist trade directories relevant to the Oil and Gas sector, this business invests little in marketing and advertising. The business has no web presence. The most cost effective form of marketing for the business is its continued presence in the marketplace for the past sixty years and strong word of mouth recommendation, testimony to the excellent reputation the business has built throughout its many years of operation.  
   
Owner willing to train: The Owner will provide full business familiarisation, training and handover, covering all aspects of the business, to ensure a smooth transfer to new Owners.  
   
Reason for selling: This is a genuine retirement sale.  
   
Seller Reference Number: IT080
BusinessMart.com Listing Number: 72494
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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