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

Business For Sale. Metal Finishing Products Distributor

LISTING DETAILS
Firms For Sale ID:
29993
Vendor reference:
TF103
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
£250,000  
Turnover / revenue:
£136,000
Net profit / cashflow:
£1,000 - £100,000
Years established:
10
Trading hours:
Telephone manned 8-6pm Monday to Friday, & website orders accepted at all hours of day & night
Number of employees:
2
Business website:

OTHER DETAILS
Reason for selling:
Retirement
Financing available:
Clean break preferred, but finance can be made available if required
Support and training:
The proprietor is a Chemical Engineer by profession, & has significant experience in identifying new applications & opportunities for the company's range of products. He is willing to stay on by separate arrangement to provide initial migration & also possibly part-time as a consultant on an ongoing basis.
Business is relocatable:
Yes
Business is web-based:
Yes
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
easy-in, easy-out, one month's notice required
BUSINESS DESCRIPTION
Based in Southern England
Very recognisable brand nationwide & overseas
Established over 10 years ago
Owner-managed, operating from easy-in, easy-out units, so fully relocatable
Markets serviced include motor-bikes, cars & light aircraft, small & prototype engineering shops and educational establishments
Complete one-stop shop for all electro-plating, anodising & powder coating kits & associated preparation & finishing products, complete with Manuals
Unique Pre-Sales, After-Sales Advisory & Support service
Specifically caters for changing EU legislation re vehicle fuel lines
non-toxic environmental alternatives a speciality
Over 850 standard lines, plus specials to order as required
Bulk supply or split packs / smaller volumes manufactured, assembled & packed to order
Mail Order accounts for 80% of turnover, remainder mainly telesales.
Many new enquiries by word of mouth plus attendance at Road Shows & Fairs
Excellent web-site with lots of helpful hints
Database of over 6,000 customers
Customers drawn from a variety of sources. Trade sales account for less than 10% of turnover. The remainder are end-users, of whom approx half have purely engineering applications, & the rest are split between vehicle restorers & those wishing to personalise their vehicle.
Significant volume of repeat sales & high customer loyalty
Additional healthy volume of sales to new owners wishing to re-personalise vehicles when they buy them from previous customers
Renowned for excellent technical advice & after-sales service
Scalable at very little outlay – could extend product range to other sectors & additional markets
Opportunity for existing business to diversify & increase overall critical mass without incurring additional overheads
No competitor offers the same wide range of products or the advisory services
Turnover £138K to 31st March 2012, & a slight increase expected to 31st March 2013
Quick ROI on Asking Price in under 3 years at current operating levels

Expansion Potential
Huge potential to develop the business into new sectors & also increasing export sales via ramping up an already successful website by means of Search Engine Optimisation

Market / Competition / Non-Competition Agreements
less than 5 known competitors in the whole UK, none of whom offer the same expertise on both a pre-sales & post-sales basis