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Leading Manufacturer & Supplier Of Pneumatic & Hydraulic Fittings, In Northampton, For Sale

Northampton, Northamptonshire, UK
Asking Price:
£750,000 Inventory / Stock included
Turnover:
£891,799
Net Profit:
Available on request

The reputable and long-established engineering manufacturer and retail business “Northants Fluid Power” is now up for sale.

• Highly profitable – on target to increase turnover to over 1 Million this financial year
• Excellent reputation with a strong, pre-existing client base
• Exciting avenues for expansion

This thriving business has been operated by the current vendor for over 11 years, in which time it has built up an enviable, unparalleled reputation for supplying quality products at competitive prices. Coupled with expert knowledge and excellent customer service, this leading manufacturing and supply business is a rare and exciting opportunity, only available due to the current owner’s retirement.

This esteemed engineering and electrical business provides technical assistance and a wide range of products including hydraulic and pneumatic fittings, valves, couplings, hoses, oils, gauges and fasteners, air bearings, power transmission products, electronic products, janitorial products tools, PPE and much more.

This niche business has gone from strength to strength, not only serving local community and agriculture but also industry across the country. Customers range from farmers to industrial companies, from automotive assemblies to offshore oil and gas systems, as well as construction firms and many more.

The business has over 239 live accounts with 100 loyal trade customer accounts with a healthy spend range, from small end users to Blue Chip organisations and therefore presents a low risk acquisition for a new operator. Furthermore, there is the added benefit of being able to introduce and cross sell additional products and services into these accounts. This is a sound business investment with exciting potential for expansion.

This reputable business is highly profitable and is on target to increase turnover to over 1 Million this financial year and is delivering a very respectable adjusted nett profit, therefore presenting a very attractive timescale for an investment return.

The business is diversifying and growing on an upwards trajectory, with a growth forecast of 18% this year. The business would be an ideal acquisition for either an established operator looking to obtain a reputable and healthy organisation, with a large account spread, or for an organisation looking to either grow or get a foot hold within this sector of the market, which has huge growth potential and established relationships.

The business currently trades out of the Moulton Park Industrial Estate in Northampton but could be relocated to anywhere in the Midlands. This is a business only opportunity however, the new operator would be able to negotiate new lease terms on the current site. The current location benefits from excellent road network links, off the outer ring road, as well as easy access to the M1 J15, thus making it convenient and accessible.

The current vendors would be happy to offer their assistance to the new operator for an agreed transition period to make all the necessary introductions into key accounts and therefore ensure a smooth sales transition.

With a loyal, pre-existing customer base, great potential for expansion, impressive profits and a glowing reputation, this is a rare and exciting business opportunity for prospective buyers.

For more information about this business, please contact the seller on this page.

Property Information

Location:

Moulton Park Industrial Estate in Northampton - excellent road network links off the outer ring road as well as easy access to the M1 J15. The business is totally relocatable to anywhere within the Northampton area and beyond.

Premises Details:

Offered to the market with the equipment required for it to function in its current format. Asset list available to serious prospective buyers. New lease terms are to be negotiated on the current site if required.

Business Operation

Expansion Potential:

The market has huge growth potential and new products and services could be introduced. Great potential to introduce E-Commerce sale of products.

Reasons for selling:

Retirement Sale

Trading hours:

Monday to Friday - 8.30am to 5.00pm
Saturday - 8.30pm to 12.00pm

Employees:
Current vendors with 4 x full time staff
Years established:
Operated by the current vendor for over 11 years

Other Information

Support & training:

The current vendors would be happy to offer their assistance to the new operator for an agreed transition period to make all the necessary introductions into key accounts and therefore ensure a smooth sales transition.

Inventory / Stock value:
£140,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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