Business for sale

Business description

THE BUSINESS
Advent Business Sales is pleased to offer to
the market this extremely well established
new and reconditioned pallet and packing
case manufacturer, which has been trading
successfully for the past 25 years.
The current owner initiated the business and
it has been in his contact ownership ever
since.

The owner is reluctantly selling due to
retirement.

On average the company makes 4000 new
pallets and also packing cases a month and
sells up to 2800 second hand and/or
reconditioned ones.

The company also advertises on Yell.com but
most business is either by repeat orders or
recommendation.

Security on the site is in the hands of a 24
hour guard and guard dog.
11 full time employees plus the owner and
his wife staff the business.
Stock at cost is approximately £60 – 70,000.
TRADING HOURS – of yard
Mon-Fri: 6.00am – 5.00pm

EXPANSION POTENTIAL
Recently the owner has been slowing down
by choice but with 28 staff a couple of years
ago, they were turning over £1,700,000 per
annum. The work is still there, scope is
massive.

FINANCIAL INFORMATION
We have been advised by the vendor of the
following:
Annual sales: £1,000,000
Gross Profit: 41.5%
Accounts will be made available to
interested parties after a viewing has taken
place.

Please let us know if you require finance for
the purchase of a business.

BUSINESS PREMISES
At the entrance there is a calor gas store and
1 large portacabin office with kitchen area
and w/c.

Next to this is a workers area with w/c’s
locker area, table and chairs and hot and
cold drinks machines.
Continuing along the left hand side, we come
to the manufacturing area. First bay is
mainly cutting, the second bay is second
hand reconditioning, the third is
construction and the fourth area is
horizontal cutting of second hand pallets,
prior to reconstruction.

All around is new and reclaimed timber,
neatly stacked according to size and type.
Stacks of second hand pallets ready for
reconstruction and new and refurbished
items ready to be moved to designated
storage areas.

From this area we move into the main
storage yard, which is neatly regimented into
pallets and packing cases according to size
and end use, ready to be shipped out.
At the far end of the yard and to the right
hand is the transport loading area.

Vans & Lorries include:
2 x 7.5 tonne (one box, one flat)
2 x 1.75 tonne pick ups (flat)

Fork Lifts:
1 x 2.5 tonne gas powered
1 x 2.5 tonne diesel powered
1 x 3 tonne diesel powered

Main equipment:
2 x cross cut saws
1 x bandsaw (stenna)
1 x large flat bed saw
1 x horizontal cut (dismantling band saw –
new)

1 x very large pillar drill
1 x screw compressor (new) and resevoir
Handsaws and circular saws
16 compressed air nail guns
1 x office computer, desks, chairs and filing
cabinets

TENURE: Leasehold
Original lease: 3 years (longer is
negotiable)
Remaining lease: 3 years
Review every: 3 years
Rent: £27,242 per
annum

We are advised that the annual business
rates are currently: £928 per month
VIEWING

Please DO NOT approach the business or its employees without a prior appointment.
All appointments are to be made via our office.