Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Time to Sell or Time to Buy !

Sold. Industrial Power Tools And Engineers Merchants

LISTING DETAILS
Firms For Sale ID:
32628
Vendor reference:
1997
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Business opportunity:
Asking price:
£3,700,000  
Turnover / revenue:
£1,000,000 - £5,000,000
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Reason for selling:
The shareholder has worked for the company for more than 30 years and now seeks to change his lifestyle. Offers are sought for 100% of the shares of the company.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Purchasers are sought for an established company operating in the growing Engineering Tools, Industrial Consumables and Power Tools sectors. This company provides a total solution for trade and industry customers encompassing product supply, technical support, repairs and a growing equipment hire service.
The company trades from freehold premises in a prime location in the north of England, with easy access to motorways and major trunk roads.
The Company
Has been trading for 40 years
Enjoys high levels of repeat business derived from a well-established, loyal customer base;
Supplies all major brands and is member of the country’s largest buying group providing access to volume discount pricing across an extensive product range;
Employs a skilled and experienced team who share the directors commitment to customer care and service quality;
Has a strong asset base
Is highly profitable and cash generative business with no gearing and a consistently positive cash balance;
Offers significant potential for accelerated growth.