Business for sale, Buy a business or sell a business. Find a business broker or a franchise for sale. Over 19,000 banks and 2,700 venture capital firms in The Business Place

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in

Business for sale in United Kingdom - 8884ws west midlands lh 450000 new & reconditioned pallets & packing case manufacturer

Asking Price: 450,000 £ Real Estate: Lease
Business for sale – 8884ws west midlands l\h£450000 new & reconditioned pallets & packing case manufacturer
Sales Revenue: 1,000,000 £
Net Profit: 1 £
Year Established: 1983
Employees: 11FT
# of family members employed: 1FT
Location criteria:
United Kingdom/London Borough of Hillingdon/London Borough of Hillingdon

Business types:

Manufacturing

Business categories:

Paper & Packaging

Business description

THE BUSINESS Advent Business Sales is pleased to offer to the market this extremely well established new and reconditioned pallet and packing case manufacturer, which has been trading successfully for the past 25 years. The current owner initiated the business and it has been in his contact ownership ever since. The owner is reluctantly selling due to retirement. On average the company makes 4000 new pallets and also packing cases a month and sells up to 2800 second hand and/or reconditioned ones. The company also advertises on Yell.com but most business is either by repeat orders or recommendation. Security on the site is in the hands of a 24 hour guard and guard dog. 11 full time employees plus the owner and his wife staff the business. Stock at cost is approximately 60 70,000. TRADING HOURS of yard Mon-Fri: 6.00am 5.00pm EXPANSION POTENTIAL Recently the owner has been slowing down by choice but with 28 staff a couple of years ago, they were turning over 1,700,000 per annum. The work is still there, scope is massive. FINANCIAL INFORMATION We have been advised by the vendor of the following: Annual sales: 1,000,000 Gross Profit: 41.5% Accounts will be made available to interested parties after a viewing has taken place. Please let us know if you require finance for the purchase of a business. BUSINESS PREMISES At the entrance there is a calor gas store and 1 large portacabin office with kitchen area and w/c. Next to this is a workers area with w/c s locker area, table and chairs and hot and cold drinks machines. Continuing along the left hand side, we come to the manufacturing area. First bay is mainly cutting, the second bay is second hand reconditioning, the third is construction and the fourth area is horizontal cutting of second hand pallets, prior to reconstruction. All around is new and reclaimed timber, neatly stacked according to size and type. Stacks of second hand pallets ready for reconstruction and new and refurbished items ready to be moved to designated storage areas. From this area we move into the main storage yard, which is neatly regimented into pallets and packing cases according to size and end use, ready to be shipped out. At the far end of the yard and to the right hand is the transport loading area. Vans & Lorries include: 2 x 7.5 tonne (one box, one flat) 2 x 1.75 tonne pick ups (flat) Fork Lifts: 1 x 2.5 tonne gas powered 1 x 2.5 tonne diesel powered 1 x 3 tonne diesel powered Main equipment: 2 x cross cut saws 1 x bandsaw (stenna) 1 x large flat bed saw 1 x horizontal cut (dismantling band saw new) 1 x very large pillar drill 1 x screw compressor (new) and resevoir Handsaws and circular saws 16 compressed air nail guns 1 x office computer, desks, chairs and filing cabinets

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: retirement
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Leasehold Original lease: 3 years (longer is negotiable) Remaining lease: 3 years Review every: 3 years Rent: £27,242 per annum We are advised that the annual business rates are currently: £928 per month
Location: Our clients business is conveniently located in the West Midlands, close to the Black Country route and the M6 motorway. From this location it has convenient access to the whole of its business base as well as occasional customers in Manchester, Coventry and London. The majority of its customers lie within a 50 – 60 mile radius. The West Midland area alone offers fantastic trading for our client’s products.

In order to contact the buyer/seller, you must be a registered user of the site and must be logged in