Highly Profitable Commercial Products and Supplies Business
Business Reference: TEC/901/004/22DF/1109
Business Description
The business is one of the North’s leading providers of Industrial supplies and equipment sales, this Includes and extensive stock holding of workwear, safety footwear and PPE. Industrial gases, propane and butane (commercial & domestic). Leisure and outdoor products are also a main income for the business, at the present time the company is one of the largest Calor Gas distributors in the North East of England. The business is renowned locally for their extensive range and stock of industrial products supporting the following sectors :-
- Cleaning and Janitorial Supplies – Welding
- Personal Protective Equipment (PPE) – Commercial Workwear & Footwear
- Safety Products – Leisure & Outdoor Products – Registered distributor for several key welding brands –
- Diverse and wide range of customers ranging from Schools, Caravan Parks, Universities, as well as many industrial commercial clients
Business Features
- Current owner happy to offer a handover to ensure the continued success
- Strong balance sheet
- Supplies both Retail & Trade
- A well-established business with an enviable reputation and with an extensive book of repeat buying existing customers
- Successfully Traded since 1987
- Accounts Available
- Delivers to clients throughout North East.
- Strong order book
- All fixtures, fittings and equipment included
- The business has a formidable team who deals with all day-to-day business decisions
Location: North-East
Leasehold: FREEHOLD: The business operates from a commercial industrial premises sited on a popular industrial estate. Parking and access to the business is excellent. A professional building survey valuation report is available upon request
Turnover: £1,400,000
Property Information
Opportunity:
Would ideally suit and existing company looking to expand into the North-East of England area, or an entrepreneur or partnership looking to purchase a well-established company and move the business forward.
Offers:
Offers are invited for this business in Excess of £1.1m + S.A.V. Further detailed information including accounts will be released upon receipt of signed non-disclosure agreement. The seller will expect interested parties to have a sound finance plan in place for the purchase.
After purchase support:
The seller will offer an agreed period of guidance to support the new owner(s) to ensure a smooth transition.
Reason For Selling
This is a genuine sale of the business due to the owner’s retirement.
Lease Terms
Business is Freehold
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