Profitable Tool And Fastener Supply Business For Sale

Business description

The business supplies a wide and comprehensive range of tools,fasteners and various engineering based products in the main to trade customers.It currently has around 50 live,regular trading accounts which generate weekly sales of around £3000 and a healthy gross margin in the region of 45%.
The business is operated out of a small,tidy leasehold unit and is easily accessible.
The business is currently run by the vendor alone but has the potential to expand further through the recruitment of a salesperson

Property information

Property:

Leasehold

Lease terms:

The vendor advises us that the unit is held on a 12 month renewable lease and has a 3 month notice period.The rent is £5000 per annum

Location:

The business is based on an modern business estate within a highly regarded and thriving North Yorkshire town.Leeds/Bradford and York can be easily accessed from the current business location.

Other information

Expansion potential:

The business has further considerable expansion potential through the recruitment of a salesperson whose main focus would be to build up sales to trade customers

Competition / Market:

There is very little local independent competition

Support & training:

The vendor is happy to complete a full handover of the business to a new owner

Reasons for selling:

New business venture overseas,therefore the vendor would like to achieve a quick sale

Trading hours:

Monday to Thursday 8.30am to 5.00pm,Friday 8.30am to 4.30pm.

Inventory / Stock value:

£25,000

Contact the seller