Sector |
Turnover |
Location |
|---|---|---|
| Wholesale | £4.3m | London, UK |
This business has now sold.
Business:
The business of an established wholesale cleaning product supply business.
The Company was established in 1989 and supplies janitorial cleaning products to a range of contract cleaners and commercial clients. The Company operates from a main warehouse in London, with additional stores in the North West of England.
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 Valuation as appointed agent on behalf of the vendor.
Business Overview:
- Wholesale Janitorial Cleaning Supplies Business;
- Established Customer Base;
- Leasehold Premises;
- Turnover (YE 31/12/2017) £4,391,663;
- Promotional Website;
- Unencumbered Chattel Assets;
- Stock of Cleaning Products.
High Level Financial Information:
Year Ending 31/12/2016:
- Turnover £4,614,891
- Gross Profit: £1,592,052
- Net Profit/(Loss): £207,171
Year Ending 31/12/2017:
- Turnover £4,391,663
- Gross Profit: £1,511,205
- Net Profit/(Loss): £184,627
9 Months to 30/09/2018:
- Turnover £3,638,447
- Gross Profit: £1,118,053
- Net Profit/(Loss): (£24,585)
Assets Available for Sale:
- Unencumbered Plant & Machinery;
- Office Equipment & Motor Vehicle;
- Cleaning Products Stock;
- Goodwill & Intellectual Property;
- Customer Data;
- Website; and
- Leasehold Premises (subject to Assignment).
Location:
London, UK.
Deadline for Offers:
Offers no later than 17:00 hrs on Friday 9th November 2018, all offers to be supported by proof of funds.
Further Information:
Please contact Damian
Short on 0161 359 4332 or by email: [email protected]