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BUSINESS REFERENCE : IB009 / RightBiz WHOLESALER & DISTRIBUTOR OF CLEANING MATERIALS | | | | | | Wholesaler & Distributor of Cleaning Materials Confidentially offered for sale Ref No: IB009 Location: Fully Re-Locatable Asking price: £295,000 plus stock at valuation | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Contract Cleaning Services | | SALE: | Agent Sale | LEASEHOLD: | £295000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business is a very well established wholesaler and distributor of cleaning materials, glass wear, china and paper products mainly to the catering trade – Hotels, Pubs and Clubs etc.
A private company established in 1974 the business pride themselves on supplying customers with a quick response to enquiries, and providing quality products at commercial prices.
A main strength of production of materials is the guarantee for very good quality and prompt observation of the time limits for delivery. The business has worked with different clients from many countries, this has made the company flexible and ready to adapt to customers’ specific requirements.
The company’s long-term team contribute with their expertise and high degree of training to the building block of its’ overall success. The business is well established offering a same day service to all customers.
Equipment:
The business is fully computerised, with all clients on a comprehensive database. Sage is used for accounts and stock control.
Customer Service:
The company prides itself on giving a friendly, helpful and efficient service. This business maintains an extensive base of satisfied repeat clients who appreciate the prompt, friendly service, reliability and reasonable, yet competitive prices. Trading throughout the whole of the UK.
Key Strengths:
The company has an in depth understanding of this industry and has established an excellent reputation and name for its quality range delivered with efficient fast response times.
The business has the benefit of a large strong customer database and there has been steady growth and excellent profit margins since the commencement of the business, this business is the ideal resource for in-demand, quality products.
Growth and Expansion:
The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Business operations are not at maximum capacity and there remains considerable scope for an increase in operations, turnover and profit simply by gearing operations in line with current market demand.
Key Opportunities:
This business has endless potential to increase its turnover/profit by doubling the present production capacity, thereby setting up a system capable of responding immediately to production for new customers and attracting customers for whom fast turn-around, quality and flexibility are even more important than price.
Increased productivity would allow for expansion into niche markets. Early interest is essential to fully appreciate the scope this business has to offer. A new owner would contribute fresh ideas and energy to expand on this excellent foundation.
Employees:
The business is owner run with one full time Driver and one full time Warehouse Operative.
Advertising and Marketing:
The business relies solely on its established reputation and repeat custom. This business doesn’t currently have a website, though it is thought this would prove a very powerful marketing tool and have a significant impact on turnover and profitability.
The business does have a company brochure and undertakes direct mail shots to over 5,000 addresses across London.
Premises:
This business is fully re-locatable.
Business Hours:
Monday – Friday 8.00 am – 5.30 pm
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Annual Turnover is circa £434,000, generating a gross profit of £170,000 and an estimated net asset value of £40/50,000 including two vans.
Reason for Sale:
This is a genuine retirement sale.
Support and Training:
Full support and training will be provided to the successful purchaser for as long as required. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | IB009 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
