Asking price includes:
Young dynamic trading company
Turnover for the current financial year circa £3,000,000 + p.a.
Gross Profits for current financial year circa £780,000 p.a.
Operating profits for current financial year circa £250,000 p.a.
Long term, high margin customer contracts in place
Blue chip & “end user” customer base
Public and private sector
Excellent leasehold premises
3 Prominent locations with trade counters
Leading brand supply partners
“Own brand” range
Very impressive customer retentions
Superb back office systems
Rapid growth pattern
Training and handover
Website
Business profile:
This relatively young, yet highly reputable electrical wholesale business has been trading successfully throughout the Midlands region for several years now and has grown significantly year on year through the effective sale and supply of a broad range of electrical products to both large scale end users and distributors alike.
The vendor and his management staff have many years’ experience in the electrical wholesale and distribution business and have used this knowledge to develop this business model which provides customers with exceptional levels of service and delivery, high quality product offering and responsive account management from all 3 of its trade outlets. The company offers competitive pricing at the same time generating impressive profit margins for the company.
The business can cater for any sized enterprise and as such offers a huge range of solutions to meet the required budgets. Because of this it has quickly built up a very desirable bank of regular and loyal customers including many blue chip organisations such as local councils, building maintenance and facilities management companies. The business has circa 100 regular clients and this client base is continuing to grow year on year. This success is reflected in the impressive financial growth the business is currently enjoying, despite the tough economical trading conditions the UK economy has been experiencing over the last few years.. This growth is expected to continue as the business has recently secured a highly lucrative long term contract with a key customer that runs for several years with an option to extend further.
The business has long established supplier relationships in place with many leading companies within the markets it serves and this enables them to keep abreast of new products as and when they are made available to ensure client’s current and future needs are maximised.
