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Importerwholesale Distributor Of Quality Branded Commercialindustrial Cleaning EquipmentAdvert Id: 56250, Sellers Ref: (AP029)
- Sales revenue : £300,000
- Net profit : Undisclosed
- Furniture/Fixtures value : Undisclosed
- Inventory/Stock value : Undisclosed
Importer/Wholesale Distributor of Quality Branded Commercial/Industrial Cleaning Equipment
Location : Relocatable
Asking Price: OIRO £140,000 including stock at valuation ( in excess of circa £100,000)
The business is well-established, incorporated more than 25 years ago by the vendors as an importer and wholesale distributor of quality commercial and industrial cleaning equipment to the UK market. During this time the business has developed its own brand and range of commercial cleaning equipment.
Their products include spares, accessories and complimentary consumables that it sells through a network of some 30 dealers spread strategically throughout the UK. The business has a comprehensive commercial product, offering pressure washers, sweepers, scrubber driers, steam generators and vacuums.
The business has built up a sterling reputation based on its consistent supply of very high quality branded products. Profitability has increased, with the advent of new products to the range. The decline in turnover has been down to the owners approaching retirement age, having other business interests and not being proactive in this business. Nonetheless, the vendors had further developed their exclusive supplier relationship last year. This lead to the introduction of some exciting new environmentally friendly products that should generate new sales and profitability in the future. There is a real opportunity to re-establish lost turnover with the Dealer network that once supported purchases of over £2Million. The dealers are still very much on board- the business just needs a new injection of energy to take it forward again.
All goods are high quality and CE marked. The business has been meticulous in its approach to quality control over the years, which has helped to build the brand. This is supported with strong technical back up and product warranties.
- Real Estate: There are no premises associated with the sale - the business is truly relocatable.
- Competition: The business has its own highly informative website and a suite of company literature including product catalogues and spares/consumables. It would certainly benefit from a new marketing push.
- Expansion: 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. Direct Sales, National Accounts, Internet Sales A new owner with sound sales experience 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.
- Years Established: 1997
- Employees: 03
- Support Training: The current owners will provide all necessary training and handover to ensure a smooth transfer of the business to the new owner.
- Reason For Selling: The vendors are planning their exit with retirement pending. They also believe the business now needs a new injection of energy and business acumen to maximise the many, many opportunities it has available.
- Company Details : Turner Butler
- Phone : Click here for phone number
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