Tuesday, 20 October 2015

JH013-Suppliers of Press Brake Tools

Suppliers of Press Brake Tools

 Ref. JH013
Location : West Yorkshire
Asking Price : £100000
  Asking price includes:

Turnover circa £227,000

Gross profits circa £79,000

Re Locatable Specialist business with years of experience

Consistent turnover record

Number of long standing relationships

Well established (7yrs)

Work in progress

Established database of regular, repeat clients

Profitable company with low overheads and no bad debt

First class name and reputation

Good opportunity for growth

Goodwill

Business Profile

This is a excellent opportunity to aquire a well established business who offer a full design and manufacturing service to end users of press brakes plus supplying new and used machinery, and service work allied to the fabrication industry.

The two partners in the business keep in close contact with their clients and are responsible for the design and pricing of each individual job. The drawings are then sent directly to sub contract factories for manufacture and are then delivered directly to their clients.

The business was established in 2002 by the two owners and has built up a good reputation for their industry knowledge and become a well known and trusted supplier mainly to the engineering and fabricating industries. They have a databse of over 1,000 active customers and a huge database of essential drawings for tools which in many cases help to speed up the ordering and supply of the vital equipment.

The company is profitable with no bad debt, low overheads and a good cash flow situation. They have a consistent turnover and profits each year and the future for the company is bright with further expected growth during the next twelve months, making this a real opportunity or a bolt on business for new owners.