Freehold Manufacturer/distributers Of Waste Management Containers | | Undisclosed West Midlands | | WEST MIDLANDS FREEHOLD MANUFACTURER AND DISTRIBUTOR OF WASTE MANAGEMENT CONTAINERS Located in industrial estate on 11,866 sq ft premises- Est 86 years Highly profitable with blue chip clients ISO 9001 and ISO 14001 accredited A/T: £630,000 GP: 55% Excellent Scope to expand to NHS & Local authorities F/H: £750,000 +Shareholders Funds REF: 9605B | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 48695
ADVERT IMPRESSIONS : 15,081 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Manufacturing | | SALE: | Agent Sale | FREEHOLD: | £750000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | THE BUSINESS
Advent Business Sales is delighted to have been instructed to offer to the market this extremely well established business which has been trading successfully for the past eighty six years.
The current vendor has been in ownership for the last four and a half years and is reluctantly selling due to other business opportunities.
The company is ISO 9001 and ISO 14001 accredited and has a large regular customer database of approximately 350 plus as well as many other occasional clients. They include ‘blue chip’ customers such as the NHS and many councils around both the UK as well as abroad.
The company has ensured that no one customer is bigger that 10% of its turnover to protect itself against bad debts.
Sales are realised through direct sales, catalogue sales, internet and mail order. Products can be bespoke as the manufacturing unit displays a high level of flexibility. The base product range covers manufacturing of waste paper bins, combined ash and litter bins, self closing fire retardant bins, cigarette disposal, pedal bins, sack holders and a complete range for the hotel industry. These basic lines cover a range of some 100 variants.
Naturally the company has its own website and is considered to be an accredited national supplier and distributor with export sales and a very strong client base.
The company also sells a well known range of bins to cover more of the domestic side of the business.
We are looking at a well laid out and exciting company, which has in recent times, had a major change to both its methods and lay out to emerge as a profitable and highly desirable concern.
We feel that this business is ideal for a larger company wanting to diversify into another well founded product line or even
to an owner/investor with an eye for being able to instantly achieving higher profits, a person with good merchandising would also be suitable, as would an owner with good design ability who could recognise some of the long term potential which lies in R&D and sales marketing.
The business come fully equipped and the estimated value of the fixtures and fittings is circa £360,000.
REF: 9605B
TRADING HOURS
Mon to Thurs: 7.30am – 4pm
Fri: 8am – 1pm (office only)
FINANCIAL INFORMATION
We have been advised by the vendor of the following:
Annual sales: £630,000
Gross Profit: 55%
Accounts will be made available to interested parties after a viewing has taken
place.
Please let us know if you require finance for the purchase of a business.
BUSINESS PREMISES
The building is some 11,866 sq ft with a mezzanine area standing on a 0.343 acre
site having a side yard area to one side of the building. Offices are on the first floor and extend across the face of the factory. Beneath the office is a storage area, staff w/c and showroom. Behind this is the works canteen, works entrance, packaging store, mezzanine area consisting of packing area with a second mezzanine, powder coating area and stock storage. Behind is the cutting, bending and forming area with crimping machines, spot welders, lid spinning machine etc. Two w/c’s and a raw material store with fork lift pick up as well as a new compressor. The building is paved at the front to the roadway.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentations Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 9605B / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
