Business for Sale Overview:
Very well established – operated for many years by the current Owner, this is one of the leading suppliers of welding tools, engineering supplies and consumables in the south east of England. Whether it’s welding machines or consumables, gas, gas equipment, power tools, hand tools and abrasives, this is the place to come.
With accounts with the vast majority of the major manufacturers operating in its sector, this business is literally a ‘one stop shop’ with a customer base that ranges from the DIY’er right through to the local manufacturing, engineering and construction businesses, which represent over 150 trade accounts. A large proportion of turnover arises from export sales to countries right across the world and in particular to companies operating in the petrochemicals sector. The business also supplies a number of other smaller distributors in its sector that don’t have access to the accounts of the major manufacturers this business has.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
The business is located just off one of the main arterial routes into one of Surrey’s busiest commercial centers and in area which has a high density of companies - small, medium and large which are potential customers for the products this business supplies.
The premises – which were personally acquired by the current Owner a number of years ago are approximately 3,000 square feet in total – split equally between the Ground and First Floors, with the Ground Floor given over to the Trade Counter, Stores and Office accommodation with the First Floor dedicated to additional Office accommodation and Stores.
There is a car park to the rear with additional free street parking available, adjacent to the site.
Rent and Rates currently total £24,000 per annum (to include Rates at £650 per month).
Situated in an up and coming residential area, outline Planning Permission is being sought for residential development. The freehold is available subject to negotiation in addition to the Asking Price for the business – at the prevailing market rate taking into account the planning opportunities. The owner has indicated an offer in the region of £350,000 for the premises plus a share in the profits from re-development may be acceptable.
Market Competition and Expansion:
Apart from advertising in specialist trade directories relevant to the Oil and Gas sector, this business invests little in marketing and advertising.
The business has no web presence. The most cost effective form of marketing for the business is its continued presence in the marketplace for the past sixty years and strong word of mouth recommendation, testimony to the excellent reputation the business has built throughout its many years of operation.
Reason for Selling:
This is a genuine retirement sale.
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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.