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Business Partnership is delighted to have been appointed as sole selling agent in order to seek a purchaser for this very well established business, which was started by our client some 16 years ago, and has only been made available for sale due to a wish by the owners to retire.
A one-stop shop for expanding businesses requiring tailored solutions involving the design and build of mezzanine floors and flooring, office partitioning, storage and handling equipment, handrails, pallet gates etc etc for industrial, commercial and retail applications.
Although handling each project from design through to build and then through to full installation, the company does not manufacture any of the units or items it designs – it is purely a design and sales company.
The company has an excellent reputation within the industry and offers a secure and stable base for any company or individual with the necessary skill-set to build on, as currently the company is enjoying excellent growth within the industry due to its flexibility of design and excellent portfolio of manufacturers, suppliers and sub-contract installers.
Sales for the last 3-years have averaged over £950,000, with turnover for the year ending January 2018 peaked at just over £1.1m. Sales can be as little as £1,000 for a small supply of lockers or pallet gates to projects up to around £200,000, with up to 75% of all sales won being repeat business involving orders from returning clients via it's huge database.
Offers are sought for 100% of the issued share capital, plus net assets.
Please note that this is a fully confidential sale and further information will only be made available once the necessary Non-disclosure Agreement has been completed.
The lease is currently by way of a flexible licence based on a 12 month period, with an option to terminate by way of a 3-month notice period. Rent is currently £6,820 per annum.
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