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Business for sale in United Kingdom - Ik222-manufacture of plastic coat hangers & acrylic pos plus import and distribution of shop equipment-west midlands
| Asking Price: | 99,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 815,000 £ | ||||||||||
| Net Profit: | 30,000 £ | ||||||||||
| Year Established: | 1990 | ||||||||||
| Employees: | 9FT, 1PT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Business categories:
Business description
turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity. This company was established over 20 years ago, and has been supplying its imported products to the wholesale and retail sectors ever since, along with the manufacture of a comprehensive range of plastic coat hangers and acrylic pos. Their expansive range of offerings include:- • plastic coat hangers (manufactured) • female mannequins in all forms • male mannequins in all forms • child mannequins • display cabinets • garment rails and covers • shopping baskets and dump bins • mirrors and security • a-boards • step ladders • labeling and tagging • slotted channel and displays • price tickets • slatwall fittings • cleaning materials • seed trays and tomato pots • acrylic display stands and pos materials (manufactured) the company has recently secured an exclusive import agreement for the supply of innovative plastic mannequins, which not only stand up to the rigours of usage better than their fibre glass counterparts, by being far more resistant to breakage and scratching, but also whilst looking the same cost far less. After devoting 20+ years of his life to the development of this business, the principal now wishes to take up a well deserved retirement and take care of some outstanding health issues. Equipment: the company owns and operates an inventory of equipment and machinery etc. In the daily smooth operation of its business. All such inventory is expected to be included in a successful sales package. Customer service: the company has long standing relationships with its large customer base, with high repeat business levels and good word of mouth referrals.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | Full support and any necessary training will be provided during handover as part of a successful sale package. |
| Reasons for selling: | As previously mentioned, the principal now wishes to place the business for sale in order to take care of an outstanding health condition and then to retire. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Not Disclosed |
| Location: | The company operates from two premises. The first is their primary base and is approximately 6,400square feet laid over two floors plus a large yard. This building is used largely for warehousing and despatch. This buildings Freehold is held personally by the company’s MD. He would be willing to sell the freehold for £300,000 should the new owner wish, or he would be willing to negotiate a new lease. The second warehouse facility is believed to be approximately 10,000 square feet in size and is held on a rental basis costing circa £18,000 per annum. |
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