AP029-Importer/Wholesale Distributor of Quality Branded Commercial/Industrial Cleaning Equipment
Business for sale
Asking Price:
£140,000
Turnover:
£187,000
Annual profit:
£0
Audited accounts:
Yes
Management accounts:
Yes
Business description
The business is well-established, incorporated more than 25 years ago by the vendors as an importer and wholesale distributor of quality commercial and industrial cleaning equipment to the UK market. During this time the business has developed its own brand and range of commercial cleaning equipment.Their products include spares, accessories and complimentary consumables that it sells through a network of some 30 dealers spread strategically throughout the UK. The business has a comprehensive commercial product, offering pressure washers, sweepers, scrubber driers, steam generators and vacuums.
The business has built up a sterling reputation based on its consistent supply of very high quality branded products. Profitability has increased, with the advent of new products to the range. The decline in turnover has been down to the owners approaching retirement age, having other business interests and not being proactive in this business. Nonetheless, the vendors had further developed their exclusive supplier relationship last year. This lead to the introduction of some exciting new environmentally friendly products that should generate new sales and profitability in the future. There is a real opportunity to re-establish lost turnover with the Dealer network that once supported purchases of over £2Million. The dealers are still very much on board- the business just needs a new injection of energy to take it forward again.
All goods are high quality and CE marked. The business has been meticulous in its approach to quality control over the years, which has helped to build the brand. This is supported with strong technical back up and product warranties.
Employee details
Fulltime staff:
1
Parttime staff:
2