Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Import-export Agency For Refrigerants, Air-con, Industrial Gas, Speciality Gas & Specialised Cyl

LISTING DETAILS
Firms For Sale ID:
34099
Vendor reference:
IA029
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£380,000  
Turnover / revenue:
£972,000
Net profit / cashflow:
£125,881
Years established:
3
Number of employees:
1
Employees / staffing:
The business is owner managed assisted by one administration person.

OTHER DETAILS
Reason for selling:
The vendor is now looking forward to retirement.
Support and training:
Support and training will be provided for a period of time to ensure a smooth transition of ownership.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
ImportExport agency for Refrigerants, Aircon, Industrial Gas, Speciality Gas & Specialised Cylinders
Ref. IA029
Location : Fully relocatable
Asking Price : GBP380,000
This business is an importexport agency supplying air con products for numerous clients including the motor trade Eurocar and other large corporate bodies. Gas is supplied to refrigeration groups and also supplied for refillable cylinders. All supplied cylinders are repackaged in the clients corporate name.
Gas is imported from the Far East, however due EU regulations there is now a shortage of supply from this region. This business has been approached by a German company with the necessary regulations that needs our vendors existing client database in order to meet its quota. So supply is met for the future up till 2030.
This business operates with very high standards of quality assurance and has been a Limited company since 2012, with the vendor previous operating as a sole trader.

Expansion Potential
Due to EU legislation there will be a shortage ofIndustrial and speciality gases, and this will have a significant impact on the growth of and opportunities for the company . With a shortage envisaged in the future due to the legislation this business should have it covered. New business could be found if the business were in the hands of a younger owner with the energy to go out and expand and create a positive marketing strategy to get the extra business.

Market / Competition / Non-Competition Agreements
The business undertakes very little in the way of marketing. There is a small website to illustrate the business practices. The majority of work is gained through word of mouth recommendation. Further investment could be made in this area.