Oil & Gas Heating Parts and Plumbing Spares Supplier in the South

Bridgwater, Bridgwater
REF: R07998

Asking Price:
£209,950
Annual Turnover:
£837,461
Annual Net Profit:
£52,000
REF: R07998

Overview

Tenure:
Leasehold
Established:
1984
  • Excellent reputation and loyal customer base
  • Huge potential for growth
  • Spacious premises
  • Events hosted
  • Wide variety of products and strong supplier relationships
  • Friendly, professional team

The business for sale is a supplier of oil and gas heating parts and plumbing spares, with 2 locations in the South of England and a successful eCommerce store.

Established for over 35 years, this long-standing and successful business has built an excellent reputation and loyal customer base due to their high level of knowledge, reliability, and attention to detail.

The company has annual sales of over £900,000 and a large database of over 1,000 customers. There is a published catalogue with more than 2,000 items, with even more products listed on the online site.

The majority of business sales are within the UK, whilst their eCommerce orders make up approximately 25-35% of turnover. The new owner should be able to easily relocate the business, if desired.

The company has an excellent, up-to-date IT system, with an integrated software package that combines accounts, stock control, website maintenance, eCommerce and business intelligence.

The business has excellent relationships with renowned, quality suppliers, which may normally be difficult to source for a new business.

This fantastic business has huge potential for growth and would be perfect for anyone looking for new business opportunities.

The business has 2 locations in the South of England and a successful eCommerce store. The first location in Bridgwater has 2025 square foot premises, with its own secure plot, plenty of parking, and excellent transport links. It is located in a locked yard, has 2 x toilets, a kitchenette, a trade counter, office space, and a large warehouse. The second location in Hardham has approximately 500 square feet and is based in a rural, business unit. There is a trade counter, communal toilets, and a kitchenette. Both locations have electricity, but no gas supply.

Various office furniture, computers, stock racking, benches, and storage units will be included with the business sale.

The current owner is happy to stay for a handover period of up to 6 months following the business takeover.

This would be the ideal business for anyone looking for new opportunities.

There is huge potential for growth with this business for someone who is willing to invest time and energy into the company. Opening further branches, increasing advertising efforts, offering promotions to existing and potential customers, personally visiting customers, and improving the look and feel of the website, could be all great ways to attract more trade. Expanding product lines could also be another fantastic option.

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  • On-site car parking
  • Good transport links
  • City centre location
  • Relocatable
  • Close to other local businesses
Rent
£19,540
Rates
£4,591
Lease Term
9
Lease Expiry
2023
Square Footage
TBC
Accommodation Included
No
Premises Licence
TBC
Property Value
TBC
Planning
TBC
EPC
TBC

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Accounts
XXXX
Trading Entity
XXXX
Current Ownership
XXXX
Management Structure
XXXX
Number of Employees
XXXX

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