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Business
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a business only basis) an exceptionally well run and performing, “turn key” industrial supplies business with an excellent reputation along with a strong and consistent brand.
The business has only now come to the open market as it’s our clients desire to leave the industry and take well-earned retirement after many successful years of trading.
The business has been under the careful and meticulous ownership of our client since 2008 and who has grown the business year on year to an impressive level with turnover and profit levels growing steadily.
The business offers a bespoke/personal service, supplying core products to the welding industry for Tig & Mig welding, plasma cutting, along with supplying gas equipment, machines, tools & accessories, abrasives as well as all aspects of safety equipment. All this is backed up by several of the industry’s main suppliers to ensure quality products are always supplied.
We feel that there is tremendous scope to increase the already impressive turnover and take the business to the next level by undertaking in a robust national marketing campaign to generate new business along with the possible expansion of the workforce to help accommodate new and ongoing orders & contracts along with revised operating hours. The online presence could also be developed further to offer an online shop for core products via the website ---.----------.--.--
The business trades on its reputation for quality and service and has outstanding future possibilities. It would potentially be an ideal acquisition to some larger enterprise looking to increase its position and presence within the industry or as a bolt on service to an existing industrial supplies business.
Vendor has stated he is more than willing to remain in situ to assist the smooth transition for any potential purchaser.
Reasons to buy: -
Genuine retirement sale,
Trading with same owner since 2008
Massive potential for growth,
Turn key business opportunity.
Very rarely do businesses of this calibre come to the open market therefore, early viewing must come highly recommended to avoid disappointment.
Location
The business is currently located in Broughty Ferry, Dundee (DD5), run from a small home office set up & services the majority of the central belt of Scotland, North of Scotland along with the North East as its current defined territory (un restricted to potential areas).
Broughty Ferry is a popular commuter town, which enjoys close locality to the cities of Dundee, Perth, Aberdeen and surrounding towns of Arbroath and Monifieth. Favoured by commuters and families, the town benefits from primary & secondary schooling, a range of independent businesses, stores and is well serviced in terms of local amenities with excellent public transport links & further benefits from excellent road network links to the majority of Scotland.
Premises
No premises as business only
Equipment includes:
Sign written Transit van fitted out to carry all stock required
Company website
Tenure
Business Only
Hours
Run to suit owner
Staff
One full time staff member
Financial Profile
Accounts will be made available on request