Business Summary:
Long established Supplier of Industrial Paint and Materials
Ref.EA006
Location London
Asking Price £120,000
This well established industrial paints and materials supplier started trading in the 1970s. The founder and current owner of the business has managed to build up a unique reputation for supplying paint, materials and consumables for use on major construction projects, for use on film sets worldwide and for use in a broad range of other industries and applications.
An impressive and extensive range of paints and materials are available on an ‘off the shelf’ basis.
The mixing of paint is a fundamental element of the success of the business. The current owner has developed a highly efficient system that allows the supply of unlimited specialist paint options to everybody from the film and television industry right through to car owners and workshops that require specific colours and textures.
In addition to this unique range of products, the family team running the company provide a personal service that has allowed them to build up long standing, successful relationships with their clients.
Having worked on numerous major film productions and having supplied to many high profile developments including Canary Wharf, Earls Court and the Olympics, the business is perfectly placed to expand its operation if a new owner wished to do so.
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| Year
Business was Established: 1970 |
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| Number of Employees:
3FT |
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| Facilities / Terms of Lease:
The business has been located at the current premises for many years and the current annual rent of only £7,500 makes the current premises very attractive.
The property benefits from ample storage space, two workshop areas, office space and counter area to accommodate passing trade. |
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| Potential
Growth/Expansion:
This business is very handily placed to achieve sustained growth going forward. The current owners openly admit that they have chosen who they do and do not want to work with. A change of this strategy will immediately open up new doors.
There is demand for their products from the automotive trade, DIY sector and small decorators. All of these are opportunities that the current owner has chosen not to pursue.
There has been no marketing strategy to speak of. At present the company doesn’t use a website, which again would allow for an immediate opportunity to increase both turnover and profitability. |
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| Competition:
This business has developed due to its excellent reputation, rather than any significant investment in advertising. There is enormous potential for the business to grow on the back of a consolidated advertising and marketing plan. |
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| Owner
willing to train:
The owner will provide all necessary training and all relevant contacts to allow continuity of trading. |
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| Reason for selling:
The current owners feel that having giving the business 30 years of tender loving care, it is now time for them to take a well earned retirement, to allow them to spend more time with their family. |
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Seller Reference Number: EA006
BusinessMart.com Listing Number: 72806 |
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