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SOLD
10/07/22
330
COMPANY OVERVIEW.
Established for over 10 years, the company operates in a unique market position within the lab consumables and packaging markets. The customer base includes NHS trusts, veterinary and pharmaceutical businesses, manufacturing concerns and an array of other sectors, as well as strong retail sales. There is an excellent online presence, with a focus on direct website sales, supported by a strong Ebay platform. With most sales being to UK customers, a significant number of customers are based in Europe and the USA.
We sell a wide range of laboratory consumable products at competitive prices. Products include swabs, test tubes, vials, pipettes, ppe, containers, and a wide range of other laboratory and packaging consumables. With a well established and wide supplier base, existing and new products can readily be sourced.
Offered for sale to facilitate retirement planning. A full handover process will be agreed.
KEY HIGHLIGHTS.
• Turnover circa £150000 with an EBITDA of £50,000.
• A varied customer base in sectors including the intended medical and laboratory market, as well as a broad range of alternative markets.
• Ships worldwide.
• Owner operated from leasehold warehouse premises of approx. 200 sqm. The lease is month by month.
• Fully relocatable opportunity.
• Managed and operated in a standard week by one person with 20% support of the second partner.
• An ideal stand-alone business, or as a bolt-on acquisition for similar organizations who are looking to expand/diversify on their current product offering and customer base, whilst utilizing their existing infrastructure and expertise.
• Almost exclusively selling on a payment upfront basis. We only have one industrial, one laboratory and three NHS trusts on 30-day terms.
The current owners will provide detailed financial, customer, and supplier information to genuinely interested parties upon completion of an NDA and initial conversations.
The business operates as a Limited Company. We would consider selling the Ltd Company or simply an asset sale.
Asking Price £130000 plus stock at valuation.
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