Janitorial & Bar Supplies plus Vending Ingredients For Sale West Midlands, United Kingdom Advert ref: GS863K Business description
This business has been trading since 1992, but one of the current owners who recently retired, has been in this type of business for much longer. The company is currently operated by his son, who has other business interests and wishes to concentrate on these.
The company is a distribution business, supplying all manner of commodities, janitorial requirements constitute around 50% of the turnover and these include cleaning materials and chemicals, paper towels, toilet rolls, hand towels, etc. In addition it supplies licensed bars and clubs with glasses, as well as providing ingredients for vending machines and traditional tea and coffee, including tea bags and filter coffee. It also supplies in cup vending ingredients, plastic or paper cups and various other products.
Water cooling machines on available on free loan, with the company supplying the bottles of water for use with these machines. Other commodities are offered, including occasional full sized vending machines if required, although this is now a minor part of the business.
The turnover for year ending 31st March 2007 was £145,408 and with the allowable add backs this would return a net profit in excess of over £31,000, however this is without any calculation for rent as the present owner also owns the building, so a new owner, renting this property, can expect a net profit of £25,000 without improving the turnover, but the business could be relocated into an existing company which would save the rent and possible the present salary.
Years established: sixteen
Employees: Owner and office worker
Trading hours: 9.00am to 5.00pm Monday to Friday
Lease terms
A new lease would be offered initially for six years at a rent of £6,000pa, or the business could be re-located
Location
Currently on a trading estate near Halesowen in the West Midlands
Expansion potential
Lots of areas to expand
Support & training
Any required
Reasons for selling
Other business interests and the retirement of the senior partner
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| | Financial details Asking price: £50,000
Sales revenue: £145,000
Net profit: £31,000
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed Photos 
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