Business for Sale Overview:
This well established engineering supplies business was born in 1966 out of a family engineering firm dating back to the turn of the century. As such, the reputation for quality of service and ability to source a wide range of quality engineering products is without parallel.
Sourcing and supplying engineering products and consumables is the core business of this company. Serving a wide range of diverse companies in the region, the company prides itself on being able to supply any engineering product to anyone, anywhere on a timed delivery. They also operate a trade counter on-site to provide regular customers as and when they need.
An impressive and extensive range of “off the shelf” standard and specialist products is available to clients, including all of the following; fasteners, hand and power tools, protective clothing, pipe-fitting equipment, lifting gear, ropes and slings, and a range of steel stock. The main aim of the company is to fulfill order requests both speedily and within a competitive price structure.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The vendor owns a virtual freehold on the property, and is looking to lease the premises to a new owner at a very competitive level of circa £30,000 per annum. Rates are circa £12,000 per annum.
The property comprises circa 2,700 square foot of warehouse storage and workshop space on the ground floor, with a trade counter of circa 200 square feet at the entrance to the building. There is a well finished mezzanine floor, which holds a further approximately 1,500 square feet, with 500 square feet of office space.
Market Competition and Expansion:
The success of this engineering supplies company has been achieved without any formal advertising or marketing apart from a yellow pages listing. The products and service alone have grown the business. The company has produced a very well presented brochure which could be sent to new potential clients in the area. The company has a corporate website. The Advertising and Marketing of the business are key areas for focusing development and company growth.
Reason for Selling:
semi-retire and enjoy time with his growing extend
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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