Total of 18656 firms and businesses for sale today Friday 19th April 2024
Sold. Multiple Sole Agent Importer/exporter Of Packaging Machines/conveyor Systems
LISTING DETAILS
Firms For Sale ID:
34781
Vendor reference:
IV029
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,100,000
Turnover / revenue:
£1,200,000
Net profit / cashflow:
Undisclosed
Years established:
20
Number of employees:
3
Employees / staffing:
As well as the owner the business employs a company secretary, one workshop/service engineer all on a full time basis. In addition to this the business employs one part time assistant within its spares department.
OTHER DETAILS
Reason for selling:
Planning exit strategy.
Support and training:
The owner is happy to assist with the hand over and the training so as to ensure the continuity of this successful business.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from leasehold premises consisting of circa 2,500 square feet office, workshop and storage space. Rent is circa GBP 24,000 p.a.
However the vendor owns the premises outside the Limited company and would also be happy to sell the freehold should a new owner so require. We are advised the freehold value is circa GBP 200,000.
BUSINESS DESCRIPTION
Multiple Sole Agent Importer/Exporter of Packaging Machines/Conveyor Systems.
Inc. spares, servicing and overhaul
Ref. IV029
Location : North West
Asking Price : GBP 1,100,000
This successful business was established in 1997 and specialises in providing a comprehensive range of filling and packaging systems to serve the diary, juice and water industries of Europe, including spare parts supply and maintenance service for filling and capping machines. The business has grown steadily in the past 10 years and has attained sole agency rights for two well renowned international companies who are market leaders in the field. Its extensive client base consists of British, Irish, Caribbean and European dairy, juice and soft drink producers.
The company has an exclusive and unique range of products and services that include:
New Filling Equipment, filling Milk, Juice etc.
New bottle Unscramblers, Bottle Rinsers, Conveyor Systems
New Gable Top Carton Fillers
Spare Parts for Fillers
CNC Replacement change parts for Fillers, Lablers, Rinsers
Extended Shelf Life Filling Systems taking juices/smoothie products to 45 day code life.(Recent installations for Innocent Juices and Princes Soft Drinks)
24 Hours Spare Parts Service Complete New and Refurbished Bottling Line Installations
Refurbished Range of Fillers and Conveyors
The business has established an excellent reputation for quality products and unrivalled after-sales service, providing one of the most extensive maintenance and spare parts back up services in the industry. Through this continued commitment to client care and the business reputation for integrity, it has acquired several sole agency mandates.
The business also offers a niche engineering service to for capping and bottling handling equipment. This is used by many bottle and cap manufactures to ensure their products function on a fitting line.
Market / Competition / Non-Competition Agreements
The business has built up a strong advertising base from which to expand on. It markets its products in various directories, occasionally at exhibitions, in leaflets and brochures. There is excellent scope to utilise further and more assertive marketing methods in the form of the local and national press, as well as a direct sales force.
The business has a large local client base, and its large amounts of repeat business bear testimony to its excellent reputation. It has an Internet website that is user-friendly and well designed, and there is an opportunity to enhance the site and enable online quotes or purchases by visitors.