Property Maintenance for sale

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HIGH QUALITY MAINTENANCE/HARDWARE SUPPLIER FOR SALE

  • Price: £1,450,000
Seller Reference: 100360
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Business Description
HIGH QUALITY MAINTENANCE/HARDWARE SUPPLIER FOR SALE
Seller Reference: 100360
Request Details
Business Description
Based in the North West and incorporated nearly two decades ago, this Company is one of the UK's leading suppliers of protective box enclosures including meter boxes, gas, electric, water, cigarette bins, fire rated overboxes, external cowls, pipe protectors, security products and kitchen repair plates. The Business supplies and fits to both Public and Private sectors across the country. This is a very stable and much revered Business enjoying year on year growth. The Business focusses on exceptional standards along with sustaining outstanding customer service. There is an enviable long standing client base and high volume of repeat business. The Shareholders currently work within the Business and this offers an ideal opportunity to acquire for rival providers, utilities management companies and those affiliated with the sector looking to diversify.

KEY POINTS
- UK coverage.
- Stable year on year sales growth.
- Enviable longstanding client base.
- Supplier, Manufacturer and Installer.
- Strong track record and much repeat business to both Public and Private Sectors.
- Proven track record with industry recognised brand name.
- Genuine potential to expand further across the UK.

FINANCIALS
Turnover forecast for y/e 2019 £1.145 Million
Net Profit: Circa £213K

STAFF - MANAGEMENT STRUCTURE
The Business is currently owned, managed and run by the current majority Shareholder with assistance from a key employee who is looking to remain within the Business.

PREMISES
The Business is currently run from a home office. There is also a storage/distribution facility of circa 7,000 sq ft currently retained on flexible lease terms.

EQUIPMENT, PLANT, MACHINERY, VEHICLES etc
A full schedule will be provided in the form of an inventory subject to Heads of Terms agreement.

METHOD OF SALE
Offers are invited in the region of £1.45 Million for 100% of the issued share capital.

REASON FOR SALE
The current owner wishes to retire. However, a full assisted handover and consultancy agreement will be provided subject to contract. The Business continues to grow from strength to strength and will be maintained until such time as a sale is agreed.

FURTHER INFORMATION
Further information is available upon completion of a signed Confidentiality Agreement. This can be obtained by contacting either Samantha Minard - sam@hartagents.com or Ian Hart - ian@hartagents.com or telephone 01244 403547.
Location Details:
Situated in the North West of the UK. Easily relocatable.
Is this business relocatable:
Yes
Listed by:
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