Sold. Crest Cp Ltd T/a Cleveland Panels For Sale

Crest CP Ltd t/a Cleveland Panels for Sale
Motor Car Panels & Body Parts Supplier
Trade & Retail Sales
Online/E-commerce and Counter Sales
www.clevelandpanels.com
Ref.AM159
Location Middlesbrough, Cleveland
Asking Price GBP 60,000
This well established and reputable business was set up some 35 years ago and in that time has grown into a highly professional and respected supply company providing a huge range of motor car body parts, panels and components to the motor trade. Based in Middlesbrough the business has a good mix of local and regional customers (both trade and retail) as well as clients who are located throughout the UK and also overseas.

The business specialises in car panels and bodywork items from a huge list of manufactures including all the major global marques as well as many less well known brands. All products are brand new and insurance approved giving purchasers peace of mind when they purchase.

Typically the company has access to well in excess of twenty two thousand items.THEse are all available to bodyshops, garages and retail clients. Because it holds good volumes and has access to many more with very speedy delivery times it is able to keep prices competetive yet still return significant profit margins. Typical items the business carries include:-

Car Body Panels, Wings and Bonnets
Bumpers
Headlights and Indicators
Grilles
Wing Mirrors
Sills

The company also holds stock of more popular non body items such as sumps, radiators and fuel tanks.

The company has a large and loyal client base (and supply base for that matter) that it has built up over time and enjoys good levels of repeat business such is its standing in the markets it serves so well. This is evident in the consistent business levels the organisation enjoys and the impressive profits generated.

Approximately 80% of sales are trade , with the remainder being made up of retail sales. The website/online sales currently account for approximately 20% of overrall busienss levels.

The company holds good levels of stock (circa GBP 25,000) and has well equipped premises where it operates from. The business could remain in its current location or be easily relocated if need be. The freehold site is avaiable for sale should a new owner wish to purchase, subject to negotiation.

The business has two delivery vehicles to carry out in-stock deliveries locally/regionally. All other orders and overseas sales are expedited using third party couriers etc.

Expansion Potential
The company has access to further product ranges and could easily expand its product offering even further to incorporate more products and services, particularly within the lucrative motor trade consumables market. A more proactive approach to sales and in particular existing account development would also improve performance as the business has a large captive audience.

Market / Competition / Non-Competition Agreements
The business has an excellent online presence with its own e-commerce website which allows customers to search and purchase car body parts and panels securely online for delivery throughout the UK and overseas.

The business enjoys high levels of repeat business, word of mouth recommendations and referrals but could benefit from a more strategic medium/long term sales and marketing campaign as it does no other traditional forms of marketing at this time