**REDUCED**Fastener Supplier Based In West Yorkshire

Huddersfield, West Yorkshire
REF: 03334

Asking Price:
£849,950
Annual Turnover:
£702,573
Annual Net Profit:
£224,796
Reduced
Recently Sold
REF: 03334
Photo of **REDUCED**Fastener Supplier Based In West Yorkshire

Overview

Tenure:
Leasehold
Established:
TBC
  • Excellent Reputation
  • Huge growth potential

On offer is an exceptionally well established construction and steel trade supplier with a large stock holding in West Yorkshire.

The thirty year old business has an outstanding reputation within the field, assuring ongoing custom. It also benefits from high profit margins on its large turnover making it very lucrative in general.

Not only is the business a sound investment at present, but it also offers great prospects for the future, with many options for growth and development.

This industrial supplies business is very well known in the building industry. It sells a huge range of specialised and generalised bolts, nuts and screws as well as all types of fasteners to the building and steel trades and a large variety of hand tools. It has a huge amount of stock which is all well laid out and sells for strong profits. The business is very well established and generates consistent turnover, supplying to trade and the general public.

The yard, which the current owner is happy to sell the freehold on, contains a main building and an outhouse used for overflow stock. The main building has around 5000 square feet of floor space. It comes well fitted and fully stocked with everything inside owned outright.

There is also an office area in this building. Everything in the 3000 square foot outbuilding is also owned outright and the half acre of space outside is included in the freehold. The outside area makes access, loading and unloading quick and straightforward.

Intelligent Business Transfer is proud to offer for sale an extremely well established and reputable industrial supplies business based in West Yorkshire.

The business, which stocks small construction supplies such as screws, nuts and bolts, is known to all major construction and steel industry clients in the region. The loyalty of these clients ensures that the business benefits from a consistently high turnover approaching one million pounds per annum (TBC).

Profit margins are also extremely high meaning that one third of this amount translates into net profit (TBC). Combined with hundreds of thousands worth of stock and a freehold option, this investment is a very valuable one which shouldn't be missed by any entrepreneurs in trade supplies or any related field.

Other owner operators and online operators would particularly benefit from taking this superb setup under their wing. The well recognised name of the business adds further value to the offering and there are many opportunities for future growth.

Expanding the business's online presence so that more advertising and sales handling can be done on line could increase income dramatically. This is what makes the business particularly attractive to existing online operators.

Expansion of the business's direct sales area beyond the small trade counter at the front of the premises would also increase custom.

Features

Online Presence

Website: No

Location

Property

Annual Rent
£40,000
Annual Rates
TBC
Lease Term (Years)
TBC
Lease Expiry (Year)
TBC
Accommodation Included
TBC
EPC Rating
C 51-75

Financial & More

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

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