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Supplier To The Automotive Aftermarket And Engineering Industry For Sale

UK
Asking Price:
On request
Turnover:
£1M - £5M
Net Profit:
Available on request

Turnover of £3.2m with an EBIT of £395k. Forecast turnover of £5.25m with EBIT of £500k. Supplies over 7,000 product lines including workshop consumables and fasteners. Operating internationally, the company serves approximately 700
active customers, 80% of whom provide reliable, repeat business on an ongoing basis. In addition to its regular custom, the company benefits from a continual stream of new business, providing further revenue. Strong second-tier management team in place, capable of running the company on a day-to-day basis. Offered for sale to facilitate retirement. Shareholders willing to provide a mutually agreeable handover period to ensure a smooth transition.
Operates from two freehold premises which are available to purchase separately from the company. There is scope to expand revenue with the development of an e-commerce website. Offers invited.

Property Information

Property:

Freehold

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