Relocatable Distributor of Tooling & Consumables to the Joinery Industry

Grimsby, Lincolnshire
REF: INT2035

Asking Price:
£40,000
Annual Turnover:
£40,000
Annual Net Profit:
£13,200
REF: INT2035
Photo of Relocatable Distributor of Tooling & Consumables to the Joinery Industry
Photo of Relocatable Distributor of Tooling & Consumables to the Joinery Industry
Photo of Relocatable Distributor of Tooling & Consumables to the Joinery Industry
Photo of Relocatable Distributor of Tooling & Consumables to the Joinery Industry

Overview

Tenure:
Relocatable
Established:
1995
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Strong Supplier Relationships

A great opportunity has arisen to acquire this specialist business focused on the manufacture and assembly of tooling, primarily into the woodworking industry, and other ancillary products.

Established in the 1990’s, the business has been under its current ownership since 2014. It works with a range of tradesmen and industry professionals, providing them with high-quality tools that enable them to accomplish their work in a safer, faster and more cost-effective manner.

Their key product areas are as follows:

Square hollow mortice chisels: The business is known for its quality square hollow mortice chisels, which are manufactured by a third party in the UK before being assembled and packaged in house. The business also imports a range of these from Japan.

Machinery safety products and fences: This high-quality, engineered range of products is imported and sold globally.

Reversible blades and knives for cutter blocks and planer heads: Of German quality, a vast range of these specialist blades and knives are stocked to suit most types of tooling.

The business also imports and stocks a wide variety of other products, such as: Chaco Bandsaw Guide Blocks, clamping and lifting systems, Mandrex, adhesives and more. Their vision is to insist on honesty and integrity in every area of the business, ensuring they become a trusted brand for each and every customer. This has led to an excellent industry reputation. Their stock is currently conveniently stored in a 20' container.

Customers can shop hundreds of products on the business’s fully functioning e-commerce website. They can also benefit from their convenient next day delivery service.

This would be a perfect bolt-on opportunity for a similar business looking to expand, or an individual with experience in a complementary trade.

Offered on a relocatable basis.

The flexible nature of this business means it could easily be relocated as best suits a new owner. At present, day to day operations are handled from the current owner’s home.

The advertised price also includes stock with an approximate value of £20,000.

The growth potential for this business is huge, building on their already established reputation means a new owner already has an excellent springboard from day one.

Currently, the business is being run on a part-time basis with minimal attention. Therefore, this enterprise would thrive with an active and ambitious new owner able to dedicate more time to it.

A thorough digital marketing strategy would certainly be beneficial, with a focus on PPC and similar channels being used to drive more custom and orders.

Features

Online Presence

Location

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  • Home Based

Financial & More

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