This business provides motor and engineering parts, including consumables such as oils & lubricants, electrical terminals, nuts & bolts, cable ties to garages and bodyshops, in the Reading.area. Having founded the business in 1989, the owner is now looking to retire.
Customers are mostly local within a 20-mile radius of Reading, with the majority of sales to around 30 customers who are visited on a weekly, fortnightly or monthly basis, depending on their requirements. All clients are regular repeat customers, with well established businesses of their own, some of whom the business has traded with for over 30 years.
Stock is obtained from a few specialist suppliers, again, with whom the business has got longstanding relationships.
Sales are delivered from a short wheelbase Vauxhall Vivaro, which is appropriately shelved and kitted out and which is included in the sale. The accounts are managed using Sage Instant Accounts from a laptop also included.
Having run the business on a semi-retirement basis, operating a couple of days per week, there is significant opportunity to grow the business.
The business typically generates sales of £50,000 per annum, generating earnings of c £25,000. Sales have been impacted by Covid19 in 2020 and will be closer to £20,000.
The guide price for the business is £29,950 plus stock at value. The vendor would provide a month of handover support, to introduce the customer base and would provide additional support by phone / email after that,
The business is being marketed by www.sellmysmallbusiness.co.uk and enquiries should be directed to them, via a request for further information. Please do not attempt to contact the vendor directly.
Is this business relocatable:
Is this business home based: