Well established Independent Paint Distributor for sale – (Ref. 1228)

An opportunity to purchase a very well established, independent regional Paint Distributor for sale. The business is responsible for the supply of a comprehensive range of paints and related products for the Industrial & Decorative Sectors, with opportunities for future business development.

This low risk, cash generative business operates without loans or external financing arrangements and has built up an excellent reputation by providing a fast and efficient delivery service. Long term customer relationships have been formed, whilst no one customer accounts for more than 10% of turnover. The business operates with well trained, loyal and competent staff, without the need for a full time MD/business owner.

The business operates from a freehold property, which would be suitable for future residential development, whilst the business could be relocated locally, if desired.

Sales Turnover: c. £1.17m, Gross Profit: c.£170k, Net profit Before Tax: c.£47k, NAV: c.£628k

Asking Price: Offers Invited

Reference No: 1228

Categories: , , , , ,

Turnover: c.£1.17m

Net Assets: c.£628k

Freehold Property: Included

Plant & Machinery: Included

Asking Price: Offers Invited