established in 1987, this business has grown to be one of the u.k.’s major distributors of hydraulic and industrial hoses, hydraulic pumps, motors, jacks, valves and pneumatic equipment. Most items are available ex-stock, any items not in stock are normally sourced and delivered within 24 hours. The business can also assemble several items to provide a bespoke solution, where required. The business regularly supplies to a broad range of clients. Industries serviced include agriculture, offshore, construction, manufacturing and boatyards. The business has a large, loyal customer base spanning at least three counties. Many products are also exported via a network of resellers. There is a trade counter that delivers a healthy level of ‘collect and go’ business, which helps to supplement pre-ordered deliveries. Staff on the trade counter are highly experienced and provide a very knowledgeable level of advice and service. The business normally holds stock levels of circa £100,000 and this is included in the asking price. A maintenance service is another element to the business. The current management team have ensured that strong communication channels are maintained with all regular strategy has resulted in a large,loyal list of clients that have created a highly profitable and consistant business. Customer service: the company offers a very personal service with all customers many of who have been dealing with the business for a number of years. The company holds a good level of stocks and because of its broad range of suppliers deliveries are made within twenty-four hours of the order being placed. The business benefits from its experienced team. Both on the trade counter and those visiting clients have unparalleled product knowledge which achieves significant levels of confidence in the business. Key strengths: this is the only company in the region that can provide this level of service. The business is well located with a high number of industrial clients in the area. The business has for many years enjoyed a high level of brand recognition in the area. The reputation the business has is based on high levels of stock, prompt delivery and knowledgeable staff. Growth and expansion: the business could export direct. There is a significant opportunity here for somebody with export experience in particular. Running a larger fleet of vehicles and hiring more technical staff would offer the chance to provide a mobile assembly service. This approach could in fact improve profit margins in the medium to long term as well as increasing turnover. Opening some small distribution centres would help to expand the operation geographically and again could have a positive effect on margins. The business does have a website. This website could be revamped and converted into a much more practical and indeed important element of the business for a relatively small investment.
