Hilton Smythe welcomes to the market Northants Fluid Power.
The business has been operated by the current vendor for over 11 years in which time it has built up an enviable reputation for supplying quality products and excellent customer service and which due to retirement this very rare and exciting opportunity has now become available.
The business provides technical assistance and a wide range of products including hydraulic and pneumatic fittings, valves, couplings, hoses, oils, gauges and fasteners, air bearings, power transmission products, electronic products, janitorial products tools, PPE and much more.
The business has over 239 live accounts with 100 loyal trade customer accounts with a healthy spend range from small end users to Blue Chip organisations and therefore presents a low risk acquisition for a new operator with the added benefit of being able to introduce and cross sell additional products and services into these accounts.
The business is diversifying and growing on an upwards trajectory with a growth forecast of 18% this year. The business would be an ideal acquisition for either an established operator looking to obtain a reputable and healthy organisation with a large account spread or for an organisation looking to either grow or get a foot hold within this sector of the market which has huge growth potential and established relationships with Blue Chip organisations and the ability to introduce new products and services into these markets.
The business currently trades out of the Moulton Park Industrial Estate in Northampton but could be relocated to anywhere in the Midlands, this is a business only opportunity however the new operator would be able to negotiate new lease terms on the current site.
The business is on target to increase turnover to over 1 Million this financial year and is delivering a very respectable adjusted nett profit therefore presenting a very attractive timescale for an investment return. The current vendors would be happy to offer their assistance to the new operator for an agreed transition period to make all the necessary introductions into key accounts and therefore ensure a smooth sales transition.
Currently situated on the Moulton Park Industrial Estate in Northampton. The site has the benefit of excellent road network links off the outer ring road as well as being ideally located for easy access to the M1 J15. The business is totally relocatable to anywhere within the Northampton area and beyond.Premises
Currently trading from Moulton Park Industrial Estate in Northampton, the business is being offered to the market with the equipment required for it to function in its current format, an asset list would be made available to serious enquiries. New lease terms are to be negotiated on the current site if required.Tenure
Business only sale with the opportunity for new lease terms to be agreed on the current site if required.Hours
The business currently operates 8.30am to 5.00pm Monday to Friday and 8.30pm to 12.00pm on Saturday.Staff
The business is run and managed by the current vendors with 4 x full time staffFinancial Profile
We are advised the business is currently generating a turnover in the region of £891,799 per annum on an upwards trajectory with an extremely attractive reconstructed nett profit.