Profitable Workwear And Personal Protective Equipment Ppe Supplier | | Undisclosed Derbyshire | | EAST MIDLANDS WORKWEAR & PPE CO Run by Mgt Relocatable within area, ideal bolt on Genuine scope to expand with more marketing A/T: £744,690 with 30% gross margins Structured deal can be negotiated OIRO: £120,000 + SAV Ref: 1228LE | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 70184
ADVERT IMPRESSIONS : 16,951 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Other | | SALE: | Agent Sale | ASKING PRICE: | £90000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | • Ideal business for investor, competitor or hands-on owner
• Massive potential to expand business and increase local market share
• Extremely realistic price with only 3 year payback period
THE BUSINESS
Based in Derby, this business is the largest stockist and trade supplier of workwear and personal protective equipment (PPE) in the county.
Large trade database of DE and NG based customers built up over last 50 years.
Highly experienced staff who have a deep knowledge of the products, customers and the market.
Part of larger group
REASON FOR SALE
Reluctant sale due to the owner needing to reduce workload as he approaches retirement.
PRODUCTS
The main product areas are:
• Workwear and Corporate clothing (personalise service including embroidery and badging service)
• Personal Protective and Safety Equipment (over 50 years experience)
• Hi-visibility clothing (to En471 and RT Standards)
• Safety Footwear
• Janitorial Products (own and primary brands)
• Cleaning equipment.
SERVICE
• Daily deliveries to Nottingham and Derby area
• Busy Trade Counter which is open 5 days per week in Derby premises
• Currently trading from leased premises with easy access to main road arteries.
• Easily relocatable within local area.
THE OPPORTUNITY
This is a great opportunity for an ambitious and imaginative business person, team or company to take advantage of a well established business and use their energy and skill to increase turnover and profit.
Potential to:
expand into larger geographical area,
increase sales using E Commerce, expand the range of items for sale, increase size of sales force.
STOCK AND ASSETTS
Approximately £79,000
DEAL STRUCTURE
• Earn out proposals, asset purchase or company purchase considered.
FINANCIALS/TRADING HISTORY
2009 2010 2011
Sales (£)
Ex Vat 728,480 638,834 744,690
GP (%) 34 31 30
STAFF
The division is fully staffed with minimal Director involvement. The experienced staff includes:
• A sales manager
• A field sales representative
• Two drivers
• Two warehouse staff
• Two internal staff and
• A buyer
VIEWINGS
A non disclosure agreement will have to be signed and returned prior to any further information and viewing
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 (Misrepresentation Act 1967). | | | | | | FOR SALE | | | | | REFERENCE: | 1228NG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
