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Hydraulic and pneumatic fittings supplier

Reference
S8860
Turnover
£1m to £2m
Sector(s)
Retail & wholesale
Region(s)
East Midlands, West Midlands, UK Wide
Added
23 May 2022

Business description

Established in 2008, this successful Midlands-based business offers a complete pneumatic and hydraulic fittings and supply service to customers in the region.

A keen eye on opportunities to expand the range of products has seen it enjoy commercial success and twice move to larger premises, to accommodate growth.

It enjoys 80% repeat business, largely because it has developed a reputation for excellent customer service – free advice and expedited deliveries in case of emergency are standard.

The owners of this family business currently play an active role. However, they are complemented by a small team with many years of service who are well placed to help continue the business’s success.

Highlights

  • Wide range of products provide a complete service to trade and the general public.
  • Many active clients and 80% repeat business.
  • Experienced team, each with many years of service.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 1,040 229
2020 (Actual) 1,028 195
2021 (Actual) 1,343 292

Opportunities

  • More related products and ranges can be added to the existing list to consolidate the one-stop shop appeal and power further growth.
  • Current marketing is minimal, providing an opportunity to increase market share.
  • Room for expansion on site and at adjacent property.

Prospective purchasers

  • 100% share sale.
  • Business premises will be offered on a new lease, with terms to be agreed.
  • Prospective purchasers will be required to sign an NDA.

Reason for sale

Retirement

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