Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Sharpening Service & Sales Co Industrial Saws & Tools Cutting-edge Company

LISTING DETAILS
Firms For Sale ID:
33691
Vendor reference:
JH027
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£95,000  
Turnover / revenue:
£250,000
Net profit / cashflow:
£40,000
Years established:
42
Trading hours:
Monday to Friday: 8.30am - 5pm
Number of employees:
2
Employees / staffing:
Currently the proprietor and his wife work within the business on a day to day basis supported by a driver and part time grinding technician.

OTHER DETAILS
Reason for selling:
The vendors are planning for retirement
Support and training:
The current owners would be happy to assist and support at handover
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Sharpening Service & Sales Co
Industrial saws & tools cutting-edge company
of Circular saws - band saws - guillotine knives - machine tools working with and supporting industry cutting Wood / metal / paper / plastics / aluminium / environmental / stone etc
Ref.JH027
Location Kent - East Sussex - South London
Asking Price GBP 95,000
This Business Sells and Sharpens a broad range of Industrial Cutting Saws, Blades, Machine Knives & Tools used by a wide range of Industrial & Commercial Companies.
Income coming from approximately 50% Sales & 50% Repair & Sharpening.
These items can be considerable in price to purchase so with regular sharpening prolongs the cutting edge life.
This is a family business started in 1972 and has continued ever since delivering exceptional service. Offering a service for those cutting Wood, Metal, Paper, Plastic, Meat, Cloth, Stone, Forestry, misc. etc.
Deliveries and collections are undertaken within a catchment area and supported by its busy Trade Counter.
This cornpany currently has a subcontract arrangement with another prominent business within the same Industry that undertakes the major share of the repair & sharpening side of the business. This work has in the past always been carried out in-house until recent retirements from fulltime grinding technicians.
This contract out agreement has worked well over recent years but could always be reverted to in-house.
The investrnent would provide additional related profits and the benefit of total control!