Business for sale

Business description

The Business Partnership is pleased to be able to offer for sale a major UK supplier in the hydraulic products market.

This highly regarded and ISO accredited business supplies hydraulic components, systems and filters throughout the UK. They have the sole UK selling rights with major suppliers and find themselves in a unique market position.

Established over 11 years, they manufacture and import. Distribution is under two brand names to trade re-sellers and OEM’s. Of approximately 3,000 UK customers, over 1,700 are registered with our client.

They employ multiple routes to market and are not over-reliant on any singular contract or client.

Operating from a large freehold, purpose built unit with room for expansion.

The business has grown consistently over the past three years averaging 13% pa.

Turnover £1,050k
Gross profit £456k
Gross margin 43%

Senior operational management to stay. Executive management wish to sell.

The business is offered at 100% of the share capital. Full accounts are available once both parties have confirmed a mutual interest.

Offers over £750,000

Please ask for full details.



GENERAL INFORMATION

Years established: 11
Employees: 9
Trading hours: Monday - Friday
Property: Freehold

Location
On an established business park on the outskirts of a large West Midlands town.

Support & training
A full handover will be arranged.

Financing available
Yes, please ask for details.