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IT080 -Well Established Supplier of Welding Tools, Engineering Supplies and Consumables

Asking Price: GBP 245000
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Business Location: United Kingdom » Surrey » Surrey 
Category: Engineering » Mechanical Services
Description:
Well Established Supplier of Welding Tools, Engineering Supplies and Consumables
Ref.IT080
Location Surrey
Asking Price £245,000
Very well established – operated for many years by the current Owner, this is one of the leading suppliers of welding tools, engineering supplies and consumables in the south east of England. Whether it’s welding machines or consumables, gas, gas equipment, power tools, hand tools and abrasives, this is the place to come.

With accounts with the vast majority of the major manufacturers operating in its sector, this business is literally a ‘one stop shop’ with a customer base that ranges from the DIY’er right through to the local manufacturing, engineering and construction businesses, which represent over 150 trade accounts. A large proportion of turnover arises from export sales to countries right across the world and in particular to companies operating in the petrochemicals sector. The business also supplies a number of other smaller distributors in its sector that don’t have access to the accounts of the major manufacturers this business has.

The main aim of this company is to fulfil orders both speedily and competitively. This company has a wide range of stock readily available. And if it isn’t available this business will source it. Staff are knowledgeable, professional and pride themselves on delivery. Not just limited by what’s available ‘on the database’, or ‘in the catalogue’, the ability to source anything from anywhere is ingrained in all staff and the cornerstone of the success of this business.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 525000
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: N.A.
Year Established: 2000
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 5
Reasons for selling:
 This is a genuine retirement sale.
Market competition and expansion:
 Apart from advertising in specialist trade directories relevant to the Oil and Gas sector, this business invests little in marketing and advertising. The business has no web presence. The most cost effective form of marketing for the business is its continued presence in the marketplace for the past sixty years and strong word of mouth recommendation, testimony to the excellent reputation the business has built throughout its many years of operation.
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