INDUSTRY

Engineering & Accounting

BUSINESS SUMMARY

Industrial Engineering Component Supplier Confidentially offered for sale [ Ref No: IT068 Location : Relocatable Asking Price £349,000 The current turnover is circa £230,000 with a gross profit of circa £124,000 and net profit of £80,000 This quality company was established in 2000 and has shown considerable growth since inception, annually expanding both their supplier and customer base. This business offers clients a single source for all engineering component requirements. A major industrial supplier, the business provides an impressive and extensive range of standard and specialist consumable products to wide range of industrial trades. The business operates with strong foundations of product knowledge, market awareness and experience. It continues to develop and grow year on year. Very competitive in the market place, the business has built up a very strong customer base and has huge possibilities for any new owner with energy and enthusiasm to drive the business forward and achieve its full potential.

	BUSINESS FINANCIALS
Asking Price: £349,000
	GENERAL COMPANY INFORMATION
Organization Structure: Headquarters/Main Location: Home Based Time on lease/mortgage: N/A Is Business Relocatable? No
	MARKET OUTLOOK/COMPETITION
The business has built up a superb reputation by word of mouth recommendation and enjoys a high level of repeat business. The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively.
	DETAILS ABOUT THE SALE
Support & Training A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership. Reason for Selling A new owner with a more pro-active approach to marketing will be able to develop the existing market niche in which the business works. Is Management Willing to Stay? No Are You An Intermediary? No