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City Business Brokers are pleased to bring to the market this well-established and highly-regarded Engineering Chain and Sprocket supply business, located in a warehouse unit (1000-1500 sq feet). The business is relocatable.
The business was established in 1995 and has been in the careful ownership of our client throughout. It only now comes to the market as our client looks towards a well-earned retirement.
The business supplies chains and sprockets for drives and conveyors. These are utilised in multiple industries across the UK, including food manufacture, agriculture, industrial, mechanical, timber and construction industries. It has an excellent reputation and a loyal customer base. Products are high-quality and are manufactured in accordance with ISO 9001 or 9002 Quality Assurance Procedures.
Financials (11-month figures Nov 2020 to September 2021):
Turnover: £222,164 per annum
Gross Profit: £78,280 per annum
Net Profit: £52,913 per annum (Available for drawings/dividend)
We feel there is scope to increase turnover and profit by embarking on an advertising and marketing campaign and considering ecommerce. Viewing is highly recommended.
A full profile is available once a non-disclosure agreement has been signed.
All enquiries to City Business Brokers.
All above information is provided by the seller. City Business Brokers makes no representation or warranty as to the accuracy of this information.
All arrangements to view are strictly by an appointment through the offices of City Business Brokers and no approaches whatsoever should be made to the owner or the business.Note: Library images may have been used for display purposes