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Businesses For Sale > Business For Sale in Midlands, UNITED KINGDOM - UK (UK)
EE003 -Midlands-£280,000-Distributor of Lubricants, Greases & Affiliated Products for sale in Midlands, UK
Midlands, UNITED KINGDOM - UK (UK)
| Asking Price: |
Gross: |
Cash Flow: |
| £ 280,000 |
£ 540,000 |
£ 96,000 |
Business Summary:
Distributor of Lubricants, Greases & Affiliated Products to Industrial customers and the Rail Industry
Ref.EE003
Location Midlands
Asking Price £280,000
The business is a specialist in the supply of industry specified and approved lubricants and greases to the rail manufacturers and operators throughout the UK plus general industry and engineering companies.The business sells direct to its client base.
The business is well respected within its field and offers to its client base a one stop supply. This is a major point of success for the business as it remains one of the very few true independent suppliers, enabling the business to offer the full needs of the client without main manufacturer’s limitations.
The business is a highly knowledgeable organization offering not only supply, but skilled advice on products. This has proved to be invaluable to their clients and has ensured high levels of loyalty and repeat business.
The business has built over the years a bank of product knowledge and a product list of 250 plus items, this is successfully managed and distributed by the companies own bespoke software system which is included in the sale and will be invaluable to the new owners.
This is a high value business with annual turnover reaching circa £1 Million in 2008 plus offering high gross margins (circa £260,000) and impressive year on year net figures (circa £120,000 in 2010). The business has very little competition due to their unique position in the industry as a supplier who can offer the full range of products in a one drop operation.
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| Number of Employees:
03FT |
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| Facilities / Terms of Lease:
There are no premises included in the sale, the business is fully re-locatable |
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| Potential
Growth/Expansion:
With the management systems and product mix in place there is a high degree of repeat business, giving high returns, and a solid base in which to build upon in the rail and general industry sectors.
Growth can be via new markets and industries that use lubricants and greases. The systems in place can be rolled out over new product and industry whilst still offering the high degree of service and advice currently given ton existing clients.
The vendor has informed us that a move into the European rail market would be a natural progression and the current product offering would be accepted.
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| Competition:
The company currently does not advertise for new business. |
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| Owner
willing to train:
The vendor will offer to the new owners a full and comprehensive training and hand over program to facilitate a smooth transfer and continued growth of the company. |
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| Reason for selling:
The business is offered for sale due to retirement reasons. |
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Seller Reference Number: EE003
BusinessMart.com Listing Number: 92385 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
Andrew Hudson
Turner Butler
0044 1895 25 60
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