Hydraulic and pneumatic fittings supplier
Overview
Description
Business
A one-stop shop for pneumatic and hydraulic fittings that has grown to serve a loyal customer base by offering many related products such as janitorial supplies, PPE, electrical items and tools. A well-priced range and attentive service has seen this business upscale to larger premises on two occasions and there are real opportunities for it to grow still further.
Established in 2008, this successful Midlands-based business offers a complete pneumatic and hydraulic fittings and supply service to customers in the region.
A keen eye on opportunities to expand the range of products has seen it enjoy commercial success and twice move to larger premises, to accommodate growth.
It enjoys 80% repeat business, largely because it has developed a reputation for excellent customer service – free advice and expedited deliveries in case of emergency are standard.
The owners of this family business currently play an active role. However, they are complemented by a small team with many years of service who are well placed to help continue the business’s success.
Highlights –
- Wide range of products provide a complete service to trade and the general public.
- Many active clients and 80% repeat business.
- Experienced team, each with many years of service.
Opportunities –
- More related products and ranges can be added to the existing list to consolidate the one-stop shop appeal and power further growth.
- Current marketing is minimal, providing an opportunity to increase market share.
- Room for expansion on site and at adjacent property.
Location
The business is located in the midlands.
Premises
The business occupies a rented property.
Tenure
Leasehold, with a new lease and terms to be offered.
Hours
Given the nature of the business, it operates all year round.
Staff
Experienced team, each with many years of service.
Financial Profile
- Turnover as per 2022 – IRO £1,160,000 & Adj EBITDA IRO £200,000
- 100% share sale.
- Prospective purchasers will be required to sign an NDA.
Is this business relocatable:
Is stock included:
Listed By:
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