Metal Stockholder combined with Hardware Supplies Store - Bath

Price : £180,000

Business Reference No. 12737

  • Long and well established with excellent name and reputation
  • Trades from very well sited premises
  • Comprehensively equipped for its trade
  • Provides a service for customers within a 1.5 hour drive from Bath
  • Customer database approximately 500 – of which about 130 active at any one time
  • Turnover between £940k and just over £1m latest 3 financial years (gross profit margin 49.4% latest year)
  • Metals trade has increased by 43% since business acquired by current owner in 2016
  • Genuine scope and ideally placed for further trade expansion (less than 0.003% of turnover spent on marketing in recent years and online sales currently only ‘scratching the surface’!)
  • Currently operated as a fully managed business (for parent company owner) and therefore ideal opportunity for an investor, but also a very attractive proposition for an owner operator or for acquisition by another company
  • Attractively priced to encourage an early sale – the company (or its business) is offered for sale to enable the parent company to concentrate its resources in the strategic pursuance of its other, core commercial activities

THE BUSINESS : Established in 1970 and acquired by the current group company owner in 2016 (April), the subject company’s business is that of a metal stockholder with an accompanying hardware store business trading from the same premises. The company’s culture – for which it is well known and on the basis of which it has built an enviable reputation – is centred on the provision of a customer friendly, bespoke and personal service at ‘value for money’ prices. With regard to metal supplies (stainless and black steel, aluminium, brass, bronze and sheet mesh etc.), the use of such phrases as “If we stock it – we cut and shape it” and “Nothing too small, nothing too diffic...

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