Hilton Smythe is delighted to introduce to the market Southern Counties Trailer Parts Ltd. The business runs as a wholesalers and delivery service for vehicle and trailer parts.
Our clients originally established the business is 1987. The business has been a great success over the years, building up an enviable reputation year on year. However our client is now looking to sell due to the desire to retire.
The business is currently generating a healthy turnover of around £345,000 per annum with a gross profit of 42%.
Although the turnover is already very high, we believe there is room to increase. Ways in which the new owner could do this is, to expand the parts delivery service. The have a specially kitted out van which is used for deliveries, however investing in another vehicle would allow more deliveries to take place and could also widen the delivery area. The business could also introduce a website, which we believe will increase knowledge of the business, therefore increase trade.
The business uses the World Pay payment system, this is a well known secure way for taking payments. We have been informed that 90% of payment for the business is through 30-45 day credit accounts
This company focuses on a large market and would benefit from arranging contracts with firms to secure sales. There is a fantastic withstanding loyal client base which generates a high amount of turnover.
A new owner would need some experience of the HGV parts industry. We have been advised that the business can easily increase revenue. The current premises are versatile, which is perfect for a buyer looking for a investment opportunity.
We believe this is a fantastic opportunity for a new owner looking for an already existing well known profitable business. We highly advise early viewing to avoid missing out on this business.
Southern Counties Trailer Parts Ltd is situated in Maidstone, Kent.
The business is located on a busy industrial estate just off the main cut through which connects to the M2 and M20 motorway. The A road links through to Sheerness and Maidstone town centre. London is around 40 miles away, and is easily accessible due to the great road links that surround the business.
The closest train station is within Maidstone town centre, which is only a short 10 minute drive away.
The business is surrounded by many complimentary businesses on the large industrial estate. The area receives a huge amount of footfall due to its prime location.
The location is very accessible with lots of space to park on the very large premises. As you walk through the front door you come to the large serving counter. To the right is a large office equipped with PC’s, phones, broadband, a printer and multiple shelving units and filing cabinets.
Behind the counter there is a door way that leads to the stock area this takes up most of the downstairs area, It has ample racking for store parts. There is a toilet in the far corner, and workshop area. (Currently disused).
At the back of the unit there is a large roller shutter door that leads to the yard at the back of the property where the company van is stored. This area is also used to offload deliveries and can be used to move stock in and out of the building.
There are stairs from the downstairs stock area to the first floor.
The first floor has a very large racking area with another toilet area in the far corner identical to downstairs. The stock area could be utilised for lighter stock items and excess stock. Also there are four large rooms that are interlinked and could be utilised for additional office or for another purpose.
Equipment included in the sale-
World pay online payment system
Ford Connect van
Specialist kitted out Iveco van used for parts deliveries
3 Desktop computers
Ample racking for stock both downstairs and upstairs
We are advised the business is leasehold
Original lease length 10 years
Remaining lease length due review
Review 5-10 years
Rent £875 per month
The business opens:-
Saturday - Sunday: Closed
The business is run and managed by the owner.
The business reports a turnover of £345,000 per annum
With a gross profit of 42%
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