Wholesale Tubes Fittings Supplies With Successful Trading History For Sale Undisclosed, Wiltshire, United Kingdom Advert ref: EN466A Business description
This represents an ideal opportunity to purchase a well established business with an excellent reputation in this business sector. There is scope to increase the stock range and the customer base as well as expanding the geographical area.
After running the business for 30 years, the current owners, who are of retirement age, now feel that it is time to move on.
Customer service and reliability are the keywords which describe this company and differentiate it from its competitors. It provides a variety of specialist 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 and hospitals. With more than eighty clients on its books no one company has a dominant share of its market.
The turnover and profit have always remained stable and after trading for so long this company has weathered all the economic conditions that have occured and continued to grow.
Years established: 30 Years
Employees: 2 Full Time
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 for as long as necessary.
Reasons for selling
Both owners are of retirement age.
Financing available
Apply Lakey & Co West
Related documents
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| | Financial details Asking price: £150,000
Sales revenue: £346,000
Net profit: 0 - £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: £35,000 Photos 
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