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8884WS WEST MIDLANDS L\H£450000 NEW & RECONDITIONED PALLETS &PACKING CASE MANUFACTURER

Asking Price: GBP 450000
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Business Location: United Kingdom » Birmingham » WEST MIDLANDS 
Category: Manufacturing » Miscellaneous
Description:
LOCATION
Our clients business is conveniently located in the West Midlands, close to the Black Country route
and the M6 motorway. From this location it has convenient access to the whole of its business
base as well as occasional customers in Manchester, Coventry and London. The majority of its
customers lie within a 50 – 60 mile radius.
The West Midland area alone offers fantastic trading for our client’s products
THE BUSINESS
Advent Business Sales is pleased to offer to
the market this extremely well established
new and reconditioned pallet and packing
case manufacturer, which has been trading
successfully for the past 25 years.
The current owner initiated the business and
it has been in his contact ownership ever
since.
The owner is reluctantly selling due to
retirement.
On average the company makes 4000 new
pallets and also packing cases a month and
sells up to 2800 second hand and/or
reconditioned ones.
The company also advertises on Yell.com but
most business is either by repeat orders or
recommendation.
Security on the site is in the hands of a 24
hour guard and guard dog.
11 full time employees plus the owner and
his wife staff the business.
Stock at cost is approximately £60 – 70,000.
 
  
Financial Information:  
Annual gross sales: (GBP) 1000000
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area:
Year Established: 1983
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 11FT
No of trading hours: Mon-Fri: 6.00am – 5.00pm
Reasons for selling:
 The owner is reluctantly selling due to retirement
Market competition and expansion:
 Recently the owner has been slowing down by choice but with 28 staff a couple of years ago, they were turning over £1,700,000 per annum. The work is still there, scope is massive
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