Total of 18656 firms and businesses for sale today Tuesday 19th March 2024
Time to Sell or Time to Buy !

Business For Sale. Importer & Wholesale Distributor Of Quality Commercial Ware Washing Equipment, Commercial Spares

LISTING DETAILS
Firms For Sale ID:
35001
Vendor reference:
AP030
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£300,000  
Turnover / revenue:
£800,000
Net profit / cashflow:
£170,000
Years established:
12
Number of employees:
4
Employees / staffing:
The 2 owners work in the business days on a daily basis. The business also employs 2 full time members of staff who provide sale, service and trade counter support as well as running the warehouse. The business also employs 2 of part time administrators/marketing personnel who would be leaving the business upon completion of the sale

OTHER DETAILS
Reason for selling:
The vendors are planning their exit with early retirement pending as well as having another totally unconnected business they wish to expand on. They also believe the business now needs a new injection of energy and business acumen to maximise the many, many opportunities it has available
Support and training:
The current owners will provide all necessary training and handover to ensure a smooth transfer of the business to the new owner.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
A 3600sq ft (approx.) leasehold warehouse with 18months renewable lease
 
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BUSINESS DESCRIPTION
Importer & Wholesale Distributor of Quality Commercial Ware Washing Equipment, Commercial Spares and Water Filtration equipment
Ref. AP030
Location : Hampshire
Asking Price : £300,000 + SAV
The business is well-established, incorporated more than 12 years ago by the vendors as an importer and wholesale distributor of quality commercial ware washing and water filtration equipment and commercial spares to the UK market. During this time the business has developed its own brand and range of commercial equipment and much, much more

Their products include equipment spares, accessories and complimentary consumables that it sells through the trade as well as to end users including service/FM companies and the public sector.

The business is currently located in the South of England but could easily be relocated anywhere in the UK. This would not disrupt the customer base as it is ecommerce lead and dealers cover England, Scotland, Wales and Northern Ireland as well as shipping to Europe and further afield

The business has an attractive informative website, the main 2 E-commerce sites, an eBay shop and an Amazon shop which are fully integrated with sage line 50 therefore benefiting in huge reduction is staffing and back office functions/requirements All this is included within the sale, as is the brand name, stock etc. The company utilises Sage accounting software and IT based office systems. Also included Warehouse lift forklift & modern pallet racking

The business also has a long term and short-term rental of equipment which has its own branding and website and currently produces over £3500.00 per month in income at a margin of 76% which could easily be further developed.

Expansion Potential
To build on and re-develop Dealer Accounts offering them exclusivity of an alternative Brand to the Major players.

To develop alternative Routes to Market i.e. National Accounts, export markets as well as developing the trade wholesaling side of the business

A new owner will provide new levels of business acumen, impetus and energy and possibly a wider range of products to drive the company forward, thus exploiting the many existing business opportunities available.

Market / Competition / Non-Competition Agreements
The business has its own highly informative Ecommerce website as well as an eBay shop, Amazon shop and an additional non-e commerce information and advertising website. With an additional desirable dormant e commerce website fully ready to go and be reactivated. It would certainly benefit from a new marketing push.