Asking price: £70,000

Sales revenue: < £200k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: £20,000

Business description
Relisted due due some time wasters, Established Conveyor Belt Distributor and Steel Fabrication Business, minimal overheads easily reduced, workshop included, leased at only £150 / month all in if required, non contractual. stock,equipment and tools included. Good customer base, great potential for further growth. profitable and competitive in the area, use of atleast 8 sub-contractors so no employee costs. No experience needed but a bit of engineering knowledge would be useful but not essential, Support and Training will be given for an agreed period. Nearest competitor over 40 miles away and only dealing in Conveyor Belting in north Norfolk and Lincolnshire, we have a good relationship with them and work closely together. Website up and running, stock and equipment value approx £20,000. we have the sales, cost of sales and gross profit for the last 4 years from quickbooks, e mail us for this information, only genuinely interested purchasers please. selling due to personal circumstances and we are looking to sell at under valuation for a quick sale so that we can concentrate on other ventures. serious offers considered for quick sale.

Years established: 5

Employees: 1 - 2

Trading hours: various

Home based: This business can be run from home.

Relocatable: This business can be relocated.

Location
Based in Norwich

Expansion potential
Huge potential to grow with the contacts, minimal overheads, great discounts and labour rates from suppliers. Profit approximately 30%+ of turnover. Monthly overheads presently under £700 including workshop rent but not including salary.

Competition / Market
Nearest competitor for conveyor belting over 40 miles away, several Steel Fabricators locally but considerably more expensive.

Support & training
Support and Training will be given for an agreed period

Reasons for selling
personal circumstances