 | Profitable Tool And Fastener Supply Business For Sale North Yorkshire, United Kingdom Advert ref: W.0.100.Y Business description
The business supplies a wide and comprehensive range of tools,fasteners and various engineering based products in the main to trade customers.It currently has around 50 live,regular trading accounts which generate weekly sales of around £3000 and a healthy gross margin in the region of 45%.
The business is operated out of a small,tidy leasehold unit and is easily accessible.
The business is currently run by the vendor alone but has the potential to expand further through the recruitment of a salesperson
Years established: 8
Employees: 1 - vendor only
Trading hours: Monday to Thursday 8.30am to 5.00pm,Friday 8.30am to 4.30pm.
Relocatable: This business can be relocated.
Property: Leasehold
Lease terms
The vendor advises us that the unit is held on a 12 month renewable lease and has a 3 month notice period.The rent is £5000 per annum
Location
The business is based on an modern business estate within a highly regarded and thriving North Yorkshire town.Leeds/Bradford and York can be easily accessed from the current business location.
Expansion potential
The business has further considerable expansion potential through the recruitment of a salesperson whose main focus would be to build up sales to trade customers
Competition / Market
There is very little local independent competition
Support & training
The vendor is happy to complete a full handover of the business to a new owner
Reasons for selling
New business venture overseas,therefore the vendor would like to achieve a quick sale
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| | Financial details Asking price: £74,950
Sales revenue: £150,000
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: £25,000 |
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