| | | DC2080 - PUMP SALES, SERVICE AND REPAIR BUSINESS - CORNWALL | | | BUSINESS FOR SALE ADVERT DETAILS ADVERT VIEWED : 22,403 TIME(S)
BUSINESS REFERENCE : DC2080 / RightBiz | | | | | | HIGHLIGHTS: • Pump sales, service and repair business • Healthy turnover and profits achieved by just one mobile engineer • Considerable undeveloped potential • Option for share or asset sale | | | BUSINESS LOCATION: | Undisclosed Cornwall UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £130000 | | | | | | | | | | | BUSINESS DETAILS: | BUSINESS:
The business is currently trading as a private limited company. The directors are willing to consider the sale of their 100% share capital or alternatively an asset sale of the business would be considered, depending upon the purchaser’s requirement.
Trade consists of the supply, repair and service of specialist pressure washers, undertaken by one director on a mobile service, visiting clients at their own premises.
It would be ideal as a husband/wife partnership or as a family run concern. Suitable for anyone with an engineering/mechanical background looking to acquire their own business and work for themselves.
Customers are mainly commercial concerns, the substantial client base including Local Authorities, the farming community, large FMCG and many others. The client base is included in the sale. There is a small amount of domestic work also undertaken.
The vendor is willing to give a handover period to the new owner in order to smooth the transition if required.
YEARS ESTABLISHED:
The business has traded from its present location for 20 years, having been established 5 years prior to that. The company was incorporated in 2003.
TRADE:
Turnover over the past 2 years has averaged £170,000 achieved by just one mobile engineer, with substantial and healthy profits derived.
REASON FOR SALE:
Retirement
STAFF:
Operated by one director working alone, with his wife involved with the paperwork side.
TENURE:
Business only
LEGAL FEES:
Vendors and Buyers each to meet their own legal costs
COMMENTS:
The business has enormous potential for expansion, as at present the company does not advertise their services at all. There is also an additional line, the supply of chemicals relating to the business, which could be developed.
GUIDE PRICE:
The vendors are seeking £130,000 plus stock at valuation, for the business goodwill, fixtures, fittings and equipment, subject to inventory.
A 2009 Renault Traffic van will also be included in the sale if required – price subject to negotiation.
VALUE OF STOCK:
The vendor informs us that the value of the stock of equipment spares is approximately £17,000 | | | | | | FOR SALE | | | | | SELLER: | ADAMS & CO | | CONTACT: | 01752 493002 | | REFERENCE: | DC2080 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
