Manufacturer of Washing Up Liquids and Detergent Products in the South East
Ref.IB015
Location South East
Asking Price £ 315,000
Location South East
Asking Price £ 315,000
Asking Price:£315,000 + Net Assets
Asking price includes:
Turnover is in excess of £1m per annum
Considerable opportunity for growth
Plant & Machinery
Goodwill
Asking price includes:
Turnover is in excess of £1m per annum
Considerable opportunity for growth
Plant & Machinery
Goodwill
Business profile:
This business has been manufacturing and selling washing up liquids, detergents and cleaning fluids to the wholesale catering market since 1984. During that time the owners have created a well known brand, a loyal customer base, an excellent turnover and a steady profit stream.
The time however has come where the present owners wish to retire and hand over the reins to someone with the necessary enthusiasm to take advantage of the significant expansion opportunities that are available.
The business has outgrown its present premises and as a result, growth and productivity have been constrained to the point where new business and customers are turned away because the present owners do not wish to expand the business.
The client base is long standing and consists of wholesalers to the catering, janitorial and cash & carry sectors. They either order weekly, monthly or bi-monthly. Given the relationship, most customers are given trading terms and a small number pay on delivery.
