Business To Buy
Manufacturer of Washing Up Liquids and Detergent Products in the South East |
| South East, ---Europe |
Manufacturer of Washing Up Liquids and Detergent Products in the South East
Ref. IB015
Location : South East
Asking Price : £315,000
This business has been manufacturing and selling washing up liquids, detergents and cleaning fluids to the wholesale catering market since 1984. During that time the owners have created a well known brand, a loyal customer base, an excellent turnover and a steady profit stream.
The time however has come where the present owners wish to retire and hand over the reins to someone with the necessary enthusiasm to take advantage of the significant expansion opportunities that are available.
The business has outgrown its present premises and as a result, growth and productivity have been constrained to the point where new business and customers are turned away because the present owners do not wish to expand the business.
The client base is long standing and consists of wholesalers to the catering, janitorial and cash & carry sectors. They either order weekly, monthly or bi-monthly. Given the relationship, most customers are given trading terms and a small number pay on delivery.
The business purchases its raw materials and packaging from a small range of suppliers. Its plastic bottles are pre-printed with the brand name in a variety of colours, depending on the contents, or labelled with the customer’s own brand
All products are manufactured on-site and the majority of deliveries are made by the company’s own driver. |
|
 |
Financials |
| Price: $416,713 |
| Gross Income: $1,545,454 |
| Cash Flow: $0 |
| FFE: $0 |
| Inventory: $0 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #IB015 |
| Year Established: 1984 |
| Financing: |
| Training: Support and training will be provided for a period of time to be negotiated at the time of sale. |
| Facilities: The premises are held on an expired lease and the business must be relocated. |
| Competition: |
| Growth: The business has some 70 long-standing customers within the M25 and no attempts have ever been made to expand this customer base or geographic reach. Should a new owner move the business to larger premises then turnover and profitability could be greatly increased. |
|
| Business Listed By |
| Name: Andrew Hudson |
| Company: Turner Butler |
| Phone: 01895 25 6000 |
|
| The information in this listing has been provided by the business seller
or representative stated above. BusinessToBuy.Net has no stake in the sale of this business, has not verified the accuracy, completeness, and assumes no responsibility for this advertisement. Read our Terms and Conditions for more information. |
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