Engineering Supplies Company For Sale Wiltshire, United Kingdom Advert ref: EN466A Business description
The company is a well established engineering factor and services the end user industry and public services.
Customer service and reliability are the keywords which describe this company and differentiate it from its competitors. It provides a variety of engineering parts which fall under four major headings, pipe line equipment, insulation, jointing and packaging and engineering sundries. Items such as ferrous and non ferrous valves, pressure/temperature controls, tubes, flanges etc. are provided under these headings but a full list will be made available to serious potential buyers. The customer base is diverse and extends from defence services to universities. With more than eighty clients on its books no one company has a dominant share of its market.
Years established: 27 Years
Property: Leasehold
Lease terms
The vendor informs us that a 5 year lease was granted in October 2006, with a tenant's break opportunity after 5 years. The vendor informs us that the current rent is £8,750 p.a.
Location
The Company is situated on a trading estate on the outskirts of a major Wiltshire town. It has easy access to the major roads linking the South West where the majority of the business is carried out.
Support & training
One owner is prepared to stay on to secure a seamless transfer.
Reasons for selling
Both owners are of retirement age.
Financing available
Apply Lakey & Co
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| | Financial details Asking price: £150,000
Sales revenue: £346,000
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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