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Business for sale in United Kingdom - Al155-mobile van sales operation specialising in workshop tools, consumables & accessories-west yorkshire

Asking Price: 99,500 £ Real Estate: Lease
Business for sale – Al155-mobile van sales operation specialising in workshop tools, consumables & accessories-west yorkshire
Sales Revenue: 100,000 £
Net Profit: 1 £
Year Established: 1984
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/West Yorkshire/West Yorkshire
Relocatable

Business types:

Retail

Business categories:

Auto Parts Stores ; Automobile & Motorcycle Dealers

Business description

this is a perfect opportunity for someone who wants to acquire a solid business investment and work individually or for a partnership to continue the solid foundations that this company has been built on. This is a well run and profitable small family business run by a husband and wife team selling tools and accessories to a regular number of engineering workshops, garages and industrial firms in the west yorkshire area. There are two fully fitted and kitted out mobile sales vans with every tool and accessory which would be vital to the smooth running of a workshop. They sell a wide range of merchandise including, nuts, bolts, terminal fuses, hacksaw blades, jubilee clips, drills, spares, fasteners, hand tools, etc. Over the years two sales rounds have been created, and customers are called on a regular basis. Some customers need a regular weekly call, whilst others are seen on a monthly basis. The average order value is circa £50 although it is not unusual to receive an order for £300. Most customers pay immediately but the business does have a small amount of account customers. The success of the business comes from being able to supply small amounts of accessories to their customers on a regular basis and being able to maintain good profit margins on all products. They offer a true service proposition which would be difficult to replicate but easy to roll out over a wider geographical area. Equipment: there are two fully fitted and kitted out mobile transit sales vans which are fully liveried. Each van has been regularly serviced and has a full record. Both vans are alarmed and fully secured. All stock is included in the sale together with a newly created website and domain name customer service: this is a business which has been built upon excellent customer service. The mobile sales vans call on their customers on a regular basis, which suits their clients, and they provide them with a comprehensive selection of high quality hand tools and small accessories from which to purchase. The business buys smaller accessories in their thousands and re-sells to their customers in smaller quantities achieving high end profit margins. If customers require an item not stocked on the mobile sales van, the owners are happy to make a special order and deliver on their next visit. Key strengths: the key strengths of this business are the excellent service proposition that they offer and the high margins which can be made on the smaller items. The business runs with an excellent cash flow and no bad debts. Stock holding is kept to a minimum with a regular weekly buying call made to the wholesaler/distributor. The company has circa 300+ regular customers on their sales rounds and most will buy from the mobile sales vans on each visit. Growth and expansion: the vendors have been running the business successfully for the past twenty five years and are now reached retirement age. There is huge potential to increase the number of customers and to also visit the local council workshops which would be an obvious target. They have recently created a website with initial results being very promising. There is scope to buy in large quantities of accessories and re-bag these in smaller quantities making high end profit margins.

Additional information

Additional information: Not Disclosed
Support & training: The owners would be happy to help with a smooth transfer of the company in any way possible.
Reasons for selling: They are now reaching retirement age and wish to take life easier.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The owners run the business from home and only carry a small amount of surplus stock apart from the stock carried on the mobile sales vans. The business is therefore totally re locatable, ideally within the West Yorkshire area.

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