Business Summary:
A long established business operating in a niche market distributing hoses, connectors and fittings for the air and fluid industryRef. AD044Location : EssexAsking Price : £279,000 plus NAVTurner Butler has been appointed to invite offers of purchase of the issued share capital of this very well established business which offers a broad range of products and technical knowledge to its customers.This long established business offers a unique service bringing together a broad range of products and technical expertise. The company distributes a wide range of adaptors and fittings, pipe fittings, hose, tubing, valves, clips and clamps. It`s procurement expertise ensures best value for money across its entire catalogue.Customer service is paramount and is borne out by the very long standing relationship with the company`s loyal and trusting customer base.A long established and tested business model operating in a very niche sector. The company enjoys strong repeat business.
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| Year
Business was Established: 1996 |
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| Number of Employees:
01FT |
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| Facilities / Terms of Lease:
There are no long term lease obligations. This business is fully relocatable. In any case the current rent is very low at £6,000 per annum. |
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| Potential
Growth/Expansion:
Annual revenue has remained historically consistent. A trade purchaser of the business could boost revenues by introducing their own customer data base. This business operates in a very niche sector with limited competition. |
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| Competition:
The company enjoys a very low advertising spend and relies heavily on its loyal customer data base and excellent levels of ‘word of mouth recommendations. |
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| Owner
willing to train:
The current owners would be happy to provide full training and support at handover. |
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| Reason for selling:
Retirement |
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Seller Reference Number: AD044
BusinessMart.com Listing Number: 244317 |
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