Business To Buy
Online Retailer of Capital Equipment & Hand Tool Sales |
| UK, ---Europe |
Online Retailer of Capital Equipment & Hand Tool Sales
Location: Relocatable
Asking Price: £500,000 plus SAV
Asking Price Includes:
Turnover c. £1.184m
Gross Profit c. £734,170
Adj EBITDA c. £231,313
SAV c.£852,574
A superb business model
Exceptional product range
Huge potential to significantly increase turnover
High organic internet ranking
Introduction:
Turner Butler has been appointed to invite offers to purchase the Goodwill and Assets of this superbly presented business, which markets and sells on-line a vast selection of equipment, hand tools and electrical goods.
Business Profile:
This well established and very reputable business was originally set up almost 30 years ago by the current vendor as an off-line business and in that time has grown into a highly professional and respected supplier of Industrial,Workshop and Garage Equipment products. The company provides a broad range of high quality branded products,consumables and components to customers within a variety of markets including the industrial, agricultural, motor, commercial, manufacturing and production sectors. Over the last few years the business expanded into e-commerce and online sale of certain smaller product lines and has enjoyed significant success in this arena.
Revenues are from on-line sales through one highly successful E-Bay shops and Amazon
Because of its service level approach to business the company enjoys impressive levels of referrals and repeat business.
The business has set up an enviable supply chain over the years and sources parts direct from reknowned manufacturers/suppliers that are leaders in their fields. These supply partners provide a choice of in-demand, reliable goods that are synonymous with quality and the brands speak for themselves.
The business has a strong asset base, generates impressive profits, has a sterling reputation and holds a large level of high quality stock which ensures it can deliver mission critical items to its clients time and time again.. The vendor has put in place a talented team of staff with key employees in place for each part of this multi-faceted business which ensures it runs smoothly on a day to day basis without the need for his day to day involvement.
Equipment:
The company has invested in technology and back-office systems to manage the operation and this includes sage accounting, stock control systems, online price comparison tools etc.
Customer Service:
The business considers simply that satisfied customers come back and, on this basis, has maintained levels of product and service quality intended to best guarantee this satisfaction.
This is done by not only providing market leading brands from world renowned manufacturers at competitive prices but also by having stock available to dispatch to customers as and when required. The company has the market knowledge and expertise to source less common items if so required and those that will be in short supply in the future which enables it to maximise profitability. Because of this it enjoys very high levels of repeat business and customer retention levels.
Key Strengths:
The business enjoys consistent levels of custom from a wide range of customers. It provides a mission-critical service to both large and small production plants and facilities and has strong relationships in place within these organisations spanning many years. It has many areas of strength including:
• Superb reputation built on knowledge, reliability and attention to detail.
• Good stock levels
• Excellent supply chain-top quality products with warranties
• High service levels and speed of response
• Profitability and positive cash flow
• Superb team of multi-skilled employees
Growth and Expansion:
The company has access to further product ranges and could easily expand its product offering to incorporate even more complementary items.
Stock
The business is being sold with stock levels at c£850,000. .
Key Opportunities:
As already mentioned, the market for this business’ products and services is significant so it could be easily scaled up.
Employees:
The business employs some 2 full time employees and has the following key staff in place to manage each part of the business:
• Online Sales Manager
• Warehouse Assistant
Premises:
The business operates from ideal premises on a well-known industrial estate. Total floor space is currently circa 2,500 square feet and comprises, office and warehousing/storage.
A new fully repairing lease can be offered at an annual rent of £13,300 or the business could be re-located if required.
Business Hours:
Monday - Friday: 06.30 – 15.00
Online stores running 24 hours per day.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover for last financial year circa £1.184 million p.a.
Resultant gross profits £734,000 p.a.
Adjusted EBITDA (pre-director drawings) circa £231k p.a.
Stock Value circa £852,000
Asking Price:
The asking Price of £500,000 is for the Goodwill, and the Stock of c£850,000 is in addition.
Reason for Sale:
Planning exit with future retirement in mind.
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Financials |
| Price: $500,000 |
| Gross Income: $0 |
| Cash Flow: $0 |
| FFE: $0 |
| Inventory: $0 |
| Real Estate Value: $0 |
About the Business |
| Office Reference ID: #GM016A |
| Year Established: 0 |
| Financing: |
| Training: |
| Facilities: |
| Competition: |
| Growth: |
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| Business Listed By |
| Name: Andrew Hudson |
| Company: Turner Butler |
| Phone: 01895 25 6000 |
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| 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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