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A Successful LPG Equipment Supplier For Sale

Sunderland, Tyne and Wear, UK
Asking Price:
£200K - £500K Furniture / Fixtures and Inventory / Stock included
Turnover:
£938,000
Net Profit:
£100K - £250K

A Successful LPG (Liquified Petroleum Gas) Equipment Supplier

The Company is a well-established LPG equipment supplier and manufacturer that provides a direct service to a wide range of customers throughout the UK. Since 2006, the model has grown organically in the hands of the founder, who runs the business alongside a competent team of staff in the North East of England.
There are high client retention levels in place that deliver a consistent turnover and yield tangible profits. The Company provides equipment for a range of sectors to include Construction, Marine, Leisure and Plant Hire.
Key Highlights:
Over 500 active repeat business trade accounts
• 4 Registered Brands and trademarks that can be applied to a range of products
• Clients that range from private individuals through to SME brands and multinational organisations
• Sole UK distributorship for a major German Manufacturer
There is strong future trading visibility due to regular orders from loyal customers, that make up circa 75% of the Company's revenue. The company operates nationally and has a strong growing online presence, currently accounting for the remaining 25% of the company’s revenue.
The Company currently leases a warehouse facility that services its orders and processing.

Property Information

Property:

Leasehold

Lease Terms:

3 year

Leasehold Rent:

£9,466 per annum

Living Accommodation:

Not applicable

Location:

Industrial Estate

Premises Details:

Warehouse and office

Size in square feet:
1,600
Planning Consent:

Not applicable

Business Operation

Expansion Potential:

Continued growth is forecast over the coming year as the company's online business is increasing exponentially. New products are being sourced which will increase turnover to existing customers. New customers are opening accounts on a regular basis.

Competition / Market:

As we have exclusive distributorship for some items we are able to have sectors of the market to ourselves. In other areas we are able to compete on both pricing and service which our competitors can not match.

Reasons for selling:

Retirement

Trading hours:

9am to 5pm Monday to Friday

Employees:
4
Years established:
18

Other Information

Support & training:

The owner would be willing to support any buyer for any period of time required.

Furniture / Fixtures value:
£36,000 - included in the asking price
Inventory / Stock value:
£230,000 - included in the asking price