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Well Established Gas Equipment Manufacturer And Distributor Business For Sale

Sunderland, Tyne and Wear, UK
Asking Price:
£500K - £1M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
£500K - £1M
Cash Flow:
£100K - £250K

Traditionally, supplying LPG equipment on a B2B basis, the company is well established and has built up a good reputation within the industry. The extensive customer list incorporates a wide range of businesses, from the smaller to the larger PLC’s, including LPG Trade; Construction; Hire; Roofing; Marine; Camping & Caravan. Recently, however, the company has expanded into more online trading and now includes individual retail as well as trade customers. This currently accounts for 20% of the turnover and is rising on a week by week basis

The Staff are knowledgeable about the product range and work well together. Relevant procedures and systems are in place, giving a healthy infrastructure to support the day-to-day running of the business.

Customer service underpins all the procedures and policies in place, and this serves well in the goodwill and repeat business received from the large customer base. Over the years a good working relationship between staff and regular customers has developed, enabling a more thorough understanding of their needs and requirements.

For more information, please contact us by using the form below.

Property Information

Property:

Leasehold

Lease Terms:

Expires September 2022
Renewable on 3 year terms

Leasehold Rent:

£8,480 per annum

Location:

Trading estate

Premises Details:

Warehouse and Office

Business Operation

Expansion Potential:

The company has increased turnover and profit greatly in the past few years. It still has the potential to grow and increase turnover and profit even more. By investment in marketing, investment in stock and investment in sales representation, existing accounts would grow, and the unique products could be demonstrated to a wider audience.

The benefits for acquiring this company would be easy access to the UK and European market.
Ability to sell a wider more diverse range of products to our existing customer base.
It offers huge scope to develop or ideal as a bolt-on acquisition. With investment it offers large growth potential.

Competition / Market:

The company is the exclusive distributor for a major German manufacturer for its products throughout the UK and Ireland.
The company has its own branded products and Logo. The brand is a registered trademark and can be applied to a range of products.
Quick turnaround time 1 -3 days compared to 2 -3 weeks of competitor.
Competitive pricing. We can do this because we purchase in bulk direct from manufacturers at a good price.
Able to manufacture to customer specifications We are flexible and do not just supply items with part numbers.

Reasons for selling:

Retirement

Trading hours:

Mon - Fri
9am - 5pm

Employees:
5 full time,1 part time
Years established:
16

Other Information

Support & training:

The owner is willing to remain in the business post-sale for a negotiable period of time in order to facilitate a smooth transition.

Furniture / Fixtures value:
£36,000 - included in the asking price
Inventory / Stock value:
£270,000 - included in the asking price

Contact Seller

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