Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. Specialist Distributors Of Press Room Chemicals

LISTING DETAILS
Firms For Sale ID:
29227
Vendor reference:
EE004
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000  
Turnover / revenue:
£600,000
Net profit / cashflow:
£60,000
Trading hours:
Office 08:00 am – 15:00 pm
Number of employees:
2

OTHER DETAILS
Reason for selling:
The business has achieved highly impressive results to date and now needs to push on and maximise the many opportunties it has available to take it to the next level of operation. In order to do this the vendor feels the business needs further investment in terms of resource and business acumen.
Support and training:
The vendor is happy to provide full business familiarisation and handover, to ensure continuity of trading and a seamless transistion, and would also consider staying on for a further period of time, should a new owner so require, subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Current lease is a 6 year one with 3 year break. Current rent is circa £1400 per month. Rates are circa £11,000 p.a.
 
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BUSINESS DESCRIPTION
Specialist Distributors of Press Room Chemicals
-Licensed Waste Services Carrier-
Ref.EE004
Location Lancashire/Greater Manchester
Asking Price £ 150,000
This young and progressive company was set up by the vendor to provide the specialist supply of press room chemicals and subsequent waste collection services to customers throughout the UK. The company has achieved impressive growth to date by providing customers with modern environmentally aware products on a regular delivery cycle where they also uplift waste products if required as part of that cycle.

Product is delivered in specifically designed containers that makes handling, storage, use and recollection a very safe and simple process. In this way the company offers a complete turnkey solution to their clients which gives them a real edge in this market. It also cuts down deliveries and fuel usage making it a highly efficent process.

The company has excellent supply relationships in place with market leading manufacturers . All products are fully tested and constantly reviewed and updated to conform to the latest COSHH regulations. The business is a fully licesed waste carrier with suitably qualified staff.

The busines has enjoyed impressive growh to date, so much so that it moved to its new site in 2011. Here the vendor has invested in suitable infrastructure so that the business can continue to serve its growing customer base efectively. This includes on site storage and mixing facilities.

The company operates a calander based delvery and uplift service to customers throughout the UK. At present the majority are based in the North West. The company has some 35 regular clietis who include commercial printers and packaging companies.

Expansion Potential
The business has regular revenue streams and a strong customer base ripe for future development. The company has opportunities to significantly increase its volume of work with several existing clients but requires further resource to do this.

Because of the nature of the products this company supplies it is constantly visiting customers and it has a very captive audience. Further sales and marketing activity in this area would certainly increase exposure as would the promotion of ancillary products and consumables .This currently only accounts for some 5-6% of sales.

One key area of growth could be the development of a franchise network or agency network to replicate this highly effective business model across the UK. This could easily be done as the market for pressroom chemicals is huge. This business is currently only serving a very very small proportion of it.

The market for this company’s products and services is large and strong and the company has enjoyed healthy growth over recent years. The company’s market penetration and own brand recognition could significantly be increased on the back of its sterling reputation and innovative approach.

This business is perfectly positioned to develop these opportunities such is its standing in the market.

Market / Competition / Non-Competition Agreements
The business has never undertaken any real advertising or marketing preferring to rely on referrals, repeat business and word of mouth recommendations to generate revenues. The company does have an informative website and brochure but would benefit greatly from further development of this and its marketing strategy as a whole.