Wholesale Distribution Tooling Spares and Consumables Business (“The Company”)
An opportunity exists to purchase the business of a wholesale distribution tooling accessories and consumables supply business.
The Company is and importer of power tool related products and consumables, with a wholesale distribution business to a UK client base including construction companies, plant hire businesses and independent tool retailers.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation as appointed agent on behalf of the vendor.
- Tool Importation Business with UK Wholesale Distribution;
- UK Warehousing Facility;
- Established Customer Base;
- Stock Holding;
- Plant & Machinery;
- Leasehold Premises;
- Turnover £1,505,019 (year ending 31/03/2019).
High Level Financial Information:
Year Ending: 31/03/2017:
Gross Profit: £1,199,513
Operating Profit/(Loss) Before Tax: (£356,463)
Year Ending: 31/03/2018:
Gross Profit: £953,339
Operating Profit/(Loss) Before Tax: (£282,919)
Year Ending: 31/10/2016
Gross Profit: £460,477
Operating Profit/(Loss) Before Tax: (£386,258)
Assets Available for Sale:
- Unencumbered Plant & Machinery;
- Office Equipment;
- Additional Plant and Machinery Subject to Finance;
- Customer Base;
- Goodwill & Intellectual Property.
South England, UK.
Deadline for Offers:
Offers no later than 12 noon on Thursday 22nd August 2019 (the vendor reserves the right to vary the deadline). All offers to be supported by proof of funds.
For further information please contact Damian Short on 0161 359 4332 or by email: [email protected]