Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Exporter Of Agricultural & Spare Parts Primarily To The Middle East

LISTING DETAILS
Firms For Sale ID:
33938
Vendor reference:
EB056
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£360,000  
Turnover / revenue:
£948,000
Net profit / cashflow:
£68,960
Years established:
28
Number of employees:
1
Employees / staffing:
The owner is responsible for the overall management of the business and has become somewhat renowned for being able to supply practically anything and is ably supported by one other employee.

OTHER DETAILS
Reason for selling:
The vendor has been successfully running this business for over 25 years and is now looking forward to retirement.
Support and training:
The vendor will be happy to provide support and training by negotiation for up to 6 months, if required. This should ensure continuity of trading with the well-established base of worldwide corporate purchasers.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Exporter of Agricultural & Spare Parts primarily to the Middle East
Ref.EB056
Location Fully relocatable
Asking Price GBP 360,000
The vendor started this company in 1986 exporting agricultural and spare parts (for anything) to the Middle East, the clients are uniquely 100% large corporate businesses spread across the Middle East.

Over the years the business has established a sterling reputation for supplying reliable products and for providing a consistent level of service. This has resulted in the business enjoying substantial ongoing business, which is both sustainable and offers significant opportunties for growth.

Payment technology is used, letters of credit, proforma invoicing and manual accounts.

The Company sources worldwide with clients primarily being in the Middle East.

The company is debt free and enjoys a strong/potential order book for the future. It enjoys very good profit margins and has very low overheads. This represents a significant investment opportunity to a new owner in a vast and growing market sector.

Expansion Potential
The vendor has been successfully operating for many years and there is ongoing demand anticipated for the short/medium and long term. It is currently servicing a very small part of this market both in terms of share, customer base and geographical spread. It currently does no proactive advertising or marketing. It has no internet presence so growth is inevitable from new marketing strategies. It is understood a new owner with new levels of energy, investment in resource and marketing could significantly increase the levels of business within a short period of time.

Alternatively such are the relationships and contacts already in place that will be passed to the new owner the business would expect to continue growing at its current level.

The opportunities to a new owner are huge. The current vendor has traded consistently on reputation and the opportunity of investing in marketing would provide unlimited potential. Many of the products sourced are required throughout the world so there is a huge opportunity for a new owner to target a wider geographical region and this represents a massive opportunity to not only improve upon the already impressive profit margins but to supply to new markets.

Market / Competition / Non-Competition Agreements
The business owner has been operating the company for in excess of 25 years and has not undertaken any advertising during this time. He has established a superb reputation for being able to supply anything required. The business does not have a website and does zero marketing on the modern social media sites. If this area was targeted by the new owner it could create huge opportunity for future growth.