Renowned B-to-B distributor of industrial and consumable supplies
An outstanding opportunity to acquire a very longstanding business supplying industrial consumables and janitorial supplies to a highly diversified customer base which has consistently generated sales in excess of £3.7m, a gross profit of £1.3m and contribution before head office costs of £0.8m. Net assets are circa £0.9m and there are significant opportunities to enhance product sales and leverage technology improvements in the Business. Located in the Midlands.
Key Selling Points
- The Company supplies over 2,650 industrial and commercial businesses with over 4,500 products.
- Stable turnover, circa £3.7m with consistent gross profit margins.
- Extensive and loyal customer base, offering £1.3m of gross profit in a competitive market place.
- Based in an easily accessible, modern facility with a trade counter on site.
- Further opportunities:
- Increasing the B to C sales by development of the e-commerce strategies.
- An established business would benefit from existing revenue streams, and have the opportunity to significantly increase profitability via synergy benefits and rationalisation opportunities.
- An on-line ordering system for Trade customers would require less direct sales input and reduce the requirement of external sale people.
- Drop shipping and less stock holding would reduce the warehousing requirement.
Gross profit: £1.3m
Profit before head office and warehouse costs: £1.1m
Profit before head office costs: £0.8m
Net assets: £0.9m
For further information please contact:
Corporate Finance Senior Manager
+44 (0)7855 413 350
Or complete the online NDA below: