| (REF: EE003) Distributor of Lubricants, Greases & Affiliated Products to Industrial customers |
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| Seller Reference: |
EE003 |
| B4S Reference: |
22024 |
| Asking Price: |
£280,000
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| Net Profit: |
£96,000 |
| Sales Revenue: |
£540,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, the East Midlands, United Kingdom |
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The business is a specialist in the supply of industry specified and approved lubricants and greases to the rail manufacturers and operators throughout the UK plus general industry and engineering companies.The business sells direct to its client base.
The business is well respected within its field and offers to its client base a one stop supply. This is a major point of success for the business as it remains one of the very few true independent suppliers, enabling the business to offer the full needs of the client without main manufacturer’s limitations.
The business is a highly knowledgeable organization offering not only supply, but skilled advice on products. This has proved to be invaluable to their clients and has ensured high levels of loyalty and repeat business.
The business has built over the years a bank of product knowledge and a product list of 250 plus items, this is successfully managed and distributed by the companies own bespoke software system which is included in the sale and will be invaluable to the new owners.
The business has very little competition due to their unique position in the industry as a supplier who can offer the full range of products in a one drop operation.
The product management system is not just bespoke to the rail industry and could easily be rolled out to other industry sectors, plus rail manufacturers and operators throughout Europe, giving the new owners a superb growth opportunity.
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Property: |
Leasehold |
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Lease Terms: |
There are no premises included in the sale, the business is fully re-locatable |
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Living Accommodation: |
No |
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The company currently does not advertise for new business. |
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With the management systems and product mix in place there is a high degree of repeat business, giving high returns, and a solid base in which to build upon in the rail and general industry sectors.
Growth can be via new markets and industries that use lubricants and greases. The systems in place can be rolled out over new product and industry whilst still offering the high degree of service and advice currently given ton existing clients.
The vendor has informed us that a move into the European rail market would be a natural progression and the current product offering would be accepted. |
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The vendor will offer to the new owners a full and comprehensive training and hand over program to facilitate a smooth transfer and continued growth of the company. |
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The business is offered for sale due to retirement reasons. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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Monday – Friday: 8.30am to 5pm. |
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The business is currently managed and run by the two directors and one warehouse staff. Deliveries are carried out by pallet couriers and split load specialist logistic companies. |
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