• Rems,Ridgid, Rothenberger,Exact, and Virax Distributors
• Ideal Bolt-on, acquisition for existing Tool Distributor/Tool Hire company
• Established over 40 years
• 64% sales by PDQ giving excellent cash flow
• 10 Blue Chip Account Companies
• Excellent location near Stansted Airport
• Fully functioning e-commerce new website
• Massive scope for expansion
• Genuine Retirement reason For Sale
Profitable Specialist Tool distribution business for sale, Established over 40 years.
Currently based near to Stansted airport but could easily be relocated if desired by new owners.
Main product sales and enquiries are generated by existing customers & our Website which includes e-commerce.
We achieve an average 66% sales by PDQ & Bank Transfer giving excellent Cash Flow, the remainder of Sales are on account basis with 10 Blue Chip companies.
Sales in 2018-19 £618,000 ex VAT, 2019-2020 £658382 ex Vat, Changed y/e June-December 2020 £422,348 operated with 2 full time and 2 part time staff, outsourced accounts function. There is massive Scope to expand the product range and further E commerce sales from via our WordPress platform website.
Currently under-utilised 1800 sq ft premises with offices
Secure flexible lease, 100% Rate Relief and office facilities.
For serious potential buyers accounts are available on request.
Only Principles with funding in place to purchase will be given further detailed financial information, please indicate on your enquiry
A Word document with the full company profile is downloadable from this site.
Trading hours:
8.00am - 5.00pm Monday-Thursday 8.00am-4.00pm Friday
Support and Training:
Assistance and Product Training plus key personnel can be made available for a negotiated period post completion of sale.
Location Details:
Great Location
3 miles from Stansted Airport and a short distance from the M11, A120 gateway to the South East and East Anglia
Is this business relocatable:
Yes
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