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Business For Sale
SUPPLY COMPANY OF POWER TRANSMISSION EQUIPMENT
Attn:
Andrew Hudson
Staffordshire, United Kingdom, GB
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Listing Number: "IL007"
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Listing
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Asking Price: |
$699,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Manufacturing: Non-classifiable
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Reason for Selling:
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Health /Retirement sale. |
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Yearly Revenues:
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$2,200,000 |
Business for Sale Overview:
This business was originally set up by the current owner some 24 years ago and in that time has built up an enviable reputation in the market place as a high quality and reliable company with unparalled technical expertise. The company provides full design, supply and installation when required for all types of power transmission equipment as well as carrying out service and repairs.
A comprehensive range of gearboxes and motors, both single and three phase are stocked at the business enabling the sales engineers to be able to provide drive solutions at any time to suit any application. In addition to this the company also stocks sprockets, chains, bearings, vee and wedge belts, bushes, lock pulleys and pump spares.
Property Features and Assets:
The current premises are located in a mixed development (both residential and commercial property) and is totally self contained. There is a two story building that contains the offices on the first floor (MD office, reception, small meeting room, sales office, toilets and canteen area). On the ground floor there are several storage outbuildings with the main fitting workshop and stores area attached.
Market Competition and Expansion:
The business has never felt the need to advertise in the past. There are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue.
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