BUSINESS DESCRIPTION
A long established business operating in a niche market distributing hoses, connectors and fittings for the air and fluid industry
Ref. AD044
Location : Essex
Asking Price : £279,000 plus NAV
Turner Butler has been appointed to invite offers of purchase of the issued share capital of this very well established business which offers a broad range of products and technical knowledge to its customers.
This long established business offers a unique service bringing together a broad range of products and technical expertise. The company distributes a wide range of adaptors and fittings, pipe fittings, hose, tubing, valves, clips and clamps. It`s procurement expertise ensures best value for money across its entire catalogue.
Customer service is paramount and is borne out by the very long standing relationship with the company`s loyal and trusting customer base.
A long established and tested business model operating in a very niche sector. The company enjoys strong repeat business.
Expansion Potential
Annual revenue has remained historically consistent. A trade purchaser of the business could boost revenues by introducing their own customer data base. This business operates in a very niche sector with limited competition.
Market / Competition / Non-Competition Agreements
The company enjoys a very low advertising spend and relies heavily on its loyal customer data base and excellent levels of word of mouth recommendations.