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Asking Price
£240,000
Description
Founded in 1971 and in the ownership of the current vendor for the last 14 years, the owner has reluctantly decided to sell to allow him more time to focus on a totally different business project. Our client has an excellent local and national reputation supplying to a core of approximately 400 live customers on a very regular basis. The business carries extensive stocks of approximately £130,000 so is able to supply many items almost immediately. The less common parts are usually ordered for delivery within 24 hours and can be sent direct to the end customer, thus eliminating unnecessary handling and onward freight costs. The company employs 6 full time members of staff including the vendor and achieves an excellent annual turnover of £600,000 with a gross profit of £280,000. The business has a modern small fleet of 6 vans delivering on a daily basis to its many customers and also operates a Toyota fork lift truck for unloading deliveries into the warehouse. All incoming and out going parts are updated instantly onto its fully automated and computerised stock control system ensuring 100% control at all times.
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