Total of 17099 firms and businesses for sale today Tuesday 7th February 2012
Business For Sale. Hydraulic Hose & Hydraulic Engineering Parts, Repair & Service Company
LISTING DETAILS
Firms For Sale ID:
8187
Vendor reference:
IL015
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£75,000
Turnover / revenue:
£170,000
Net profit / cashflow:
Undisclosed
Years established:
30
Trading hours:
Monday – Friday: 0830-1700
Saturday: 0830-1230
Number of employees:
4
OTHER DETAILS
Reason for selling:
This is a genuine retirement sale.
Support and training:
The current owners would be happy to provide full training and support at handover. They would also consider staying on for a prolonged period of time if so required by a new owner, subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
Yes
PROPERTY DETAILS
Lease terms:
The premises are rented. It is understood a new lease would be made available to a new owner. Current rent is circa £12,500 p.a. Rates are £4580 p.a.
BUSINESS DESCRIPTION
Hydraulic Hose & Hydraulic Engineering Parts, Repair & Service Company
Ref.IL015
Location Lancashire/Manchester
Asking Price £ 75,000 plus stock at valuation
Turner Butler are delighted to be appointed sole selling agents for this family owned and managed business. This truly established business has been trading for some 30 years and in that time has built up a sterling reputation as well as a loyal client base. This is highlighted by the consistent turnover figures the business has enjoyed over recent years.
The company supplies hydraulic hose and hydraulic engineering parts (filters, spare parts, seals, lubricants etc) to in the main the trade. As well as this it also provides a repair and maintenance service to customers. The company’s ability to repair and turn round critical repairs quickly translates to minimalisation of down time for vital and expensive to operate machinery. At present 70 % of turnover comes from parts sales with the remaining 30% being attributed to repair, maintenance and service.
The company has huge development potential for a new owner as it has a very broad customer base, both public and private sector.
The business is turn key ready for a new owner, who will probably already be associated with this type of industry.
There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. It is considered that a new owner with fresh impetus and enthusiasm can further capitalise on the ever increasing opportunities made available to the company through its reputation. The business has never employed sales people. Because of this its existing client base is ripe for future development.