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(REF: 1028LN)  Welding Material Supplier
 
Seller Reference: 1028LN
B4S Reference: 25997
Asking Price: £45,000
Net Profit:
Sales Revenue: £80,000
Number of Staff: Send enquiry for more details.
Established For: 26  Years  0  Months
Ownership: Leasehold
Location: Undisclosed, Lincolnshire, United Kingdom
  Business Summary   
  HISTORY

• Established for 26 years by current vendor as a family run business and is to this day
• Widely known and well respected name within the industry, derived over many years of high quality service
• One of a handful of welding supply services in the county

REASON FOR SALE

• Vendor retirement

PRODUCTS

• Mig and Tig welders
• MMA & Plasma equipment
• Machine & Torch spares
• Welding Electrodes, Wires & filler Rods
• Protective Equipment & Clothing including:
o Automatic Solar-powered Helmets/lenses
o Fibreglass head & hand shields/lenses
o Goggles, safety specs & face shields
o Leather welder’s jackets, aprons, sleeves, gauntlets
• Gas equipment including
o Regulators
o Cutting torches
o Hoses
o Flashback Arrestors
o Nozzles & hose Fittings
• Abrasives
• Range of hand tools
• Engineering clamps & Accessories
• Powertool accessories
• Air Line Fittings & hoses

SUPPLIERS

• Mature and reliable trade accounts in place with all major suppliers

SERVICES

• Local delivery services
• Nationwide delivery service
• Power tool refurbishment and cutting product sharpening services
• Cash and carry trade counter

CUSTOMERS

• Agricultural/automotive
• Engineering/Fabrication
• General public/crafts/DIY
• Schools/colleges

EQUIPMENT

• Sign written SEAT delivery van – 52 registration
• Electric fork lift truck

PREMISES

• Large industrial estate premises
• Management offices for up to 4 people
• Large parts and product storage area
• Trade counter

STRENGTHS

• Established for over 26 years
• One of only a handful of welding equipment suppliers in the county
• Very well established with recognised trading name locally
• Consistent levels of turnover and profits
• Easily re-locatable
• Comprehensive range of tools and welding equipment with the ability to source obscure products and spares
• Well set out and spacious premises with good parking
• Online shop and website, well established accounting for a significant level of turnover
• Low overheads

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Location: • Large industrial estate location
• Good size premises with ample parking
• Good links to motorways and close to industry customers
  Growth Potential   
  • Very little marketing currently undertaken
• Large database of potential clients
• Significant opportunity to increase financials by introduction of sales and marketing strategy
• European supply possibilities
• Ideal bolt-on business for existing welding or tooling supplier
• EKM power shop under construction
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  • Monday to Friday 8.30am to 5.00pm
• Saturday 10.00am – 12.00pm
  Summary of Staffing   
  • Vendors x 2





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