Business Summary:
Manufacturer of Washing Up Liquids and Detergent Products in the South East Ref. IB015 Location : South East Asking Price : £315,000This business has been manufacturing and selling washing up liquids, detergents and cleaning fluids to the wholesale catering market since 1984. During that time the owners have created a well known brand, a loyal customer base, an excellent turnover and a steady profit stream.The time however has come where the present owners wish to retire and hand over the reins to someone with the necessary enthusiasm to take advantage of the significant expansion opportunities that are available.The business has outgrown its present premises and as a result, growth and productivity have been constrained to the point where new business and customers are turned away because the present owners do not wish to expand the business.The client base is long standing and consists of wholesalers to the catering, janitorial and cash & carry sectors. They either order weekly, monthly or bi-monthly. Given the relationship, most customers are given trading terms and a small number pay on delivery.The business purchases its raw materials and packaging from a small range of suppliers. Its plastic bottles are pre-printed with the brand name in a variety of colours, depending on the contents, or labelled with the customer’s own brandAll products are manufactured on-site and the majority of deliveries are made by the company’s own driver.
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