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Confidential Sale (Address Information Withheld) - Shropshire - Wales

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Property Details
Agent Ref No: C1069
Category: Business for Sale
Business Type: Measurement & Instrumentation
Offer Type: Offers in the region of
Price: £750,000.00
Rent: Not Applicable
Yield: £1.05e+06
Further Property Details
Date Listed: 2008-11-21
Size:
Tenure: Freehold
Min Rental Size: Not Applicable
Property Status: Business Currently Trading
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Description

HYDRAULIC & FILTRATION PRODUCT DISTRIBUTION, W. Midlands. Well established manufacturer and importer. Sole UK distribution rights, strong market position. Turnover £1m+, 13% growth, adj. NP £111k. Price £750,000. Freehold. Ref C1069

The Business Partnership is pleased to be able to offer for sale a major UK supplier in the hydraulic products market.

This highly regarded and ISO accredited business supplies hydraulic components, systems and filters throughout the UK. They have the sole UK selling rights with major suppliers and find themselves in a unique market position.

Established over 11 years, they manufacture and import. Distribution is under two brand names to trade re-sellers and OEM’s. Of approximately 3,000 UK customers, over 1,700 are registered with our client.

They employ multiple routes to market and are not over-reliant on any singular contract or client.

Operating from a large freehold, purpose built unit with room for expansion.

The business has grown consistently over the past three years averaging 13% pa.

Turnover £1,050k
Gross profit £456k
Gross margin 43%

Senior operational management to stay. Executive management wish to sell.

The business is offered at 100% of the share capital. Full accounts are available once both parties have confirmed a mutual interest.

Offers over £750,000

Please ask for full details.

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