Distributor of Kitchen Sinks & Taps Business for Sale – BMB10612
ACTIVITIES: Distributor of Kitchen Sinks & Taps
LOCATION: United Kingdom
TURNOVER: circa. £1,000,000 (FY 2020)
SELLERS DISCRETIONARY EARNINGS: circa. £130,000 (FY 2020)
BuyMyBiz is exclusively retained to find a purchaser for this established distributor of kitchen sinks and taps. For over 25 years, the business has grown organically and built a well-respected reputation in the kitchen sector offering customers a “service led” distribution solution.
Long Established & Respected Business
Clients currently include kitchen retailers, designers / specifiers and bespoke kitchen manufacturers. The business currently sells new products exclusively to trade, with small repair parts and end of line products being available directly to customers. There is a real opportunity for a new owner to grow the business by implanting direct sales to customers as well as the trade
Opportunity to Grow Market Share
A loyal and experienced team currently support the vendors in the day to day running of the business. A full and mutually agreeable handover period will be provided; an extended handover period may also be considered if required.
Reason for Sale
Our client has built a solid business which is highly scalable and ready for the next phase of business growth. They are looking to retire and they believe the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level
Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.
- Solid Goodwill & Reputation
- Established Business Reputation
- Financially Stable Business
- Nationwide Clients
- Direct & Trade Growth Potential
- Proven Systems & Processes
Offers are invited for the Trading Goodwill Plus Stock at Valuation
THE NEXT STEPS
On completion of our non-disclosure agreement and supporting information, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.
Appliances, Tools & Homeware
£1m - £5m
Status of Business