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Lubricants distributor

Reference
S12108
Turnover
£10m to £25m
Sector(s)
Business services, Distribution, freight & logistics, Service industries
Region(s)
UK Wide
Added
20 November 2024

Business description

Gears distributes lubricants, oils and ancillary cleaning products to a wide client base, and is not dependent on any one client or market sector. Lubricants are an essential component to ensure smooth operation of equipment and reduce wear & tear and reduce operator maintenance costs.

Product is received in bulk to a bespoke Tank Farm, and distributed to suit client orders, from say 1L bottles (for retail), to drums, and 5,000 L tank loads, using in house fleet.

The facility was purpose built to meet all environmental standards, is entirely under cover, and secure. The premises can be either sold or leased.

Gears has a strong management team, with all disciplines in place, and is supported by a technical team which provides value added support, advise / problem solving and demonstrations to clients.

This is a retirement sale but there is ac strong management team in place.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2024 (Actual) 16,000 800

Prospective purchasers

  • The business will appeal to a wide spread of acquirers who could market additional products to its client base, or fain synergies from its distribution facilities.  

Reason for sale

Retirement Sale

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