Business for Sale in TOTNES, Devon NICHE ENGINEERING MERCHANTS/DISTRIBUTOR/ONLINE RETAILER

Key Information

Reference

M37322N

Tenure

Leasehold, Relocatable - Nationally

Status

For Sale

Region

Devon

Sector

Wholesalers

Annual Sales

£66,742.00 Exc. VAT

Accommodation

No

Business Information

Niche ENGINEERING MERCHANTS/DISTRIBUTOR and ONLINE RETAIL BUSINESS, experts in Helicoil Thread Repair, supplying a huge range of quality ISO accredited Inserts, Taps, Tapping Drills, and Insertion Tools, on an individual basis or in boxed kit form. Used in a variety of industries to include motor, marine, and aerospace sectors together with the general public DIY marketplace.

Currently based in SOUTH DEVON, situated on a popular and vibrant business park/industrial estate on the outskirts of TOTNES although business not considered location dependent creating the opportunity for it to be RE-LOCATED anywhere in UK, and even HOME BASED subject to suitable storage facilities, or amalgamated with a similar business from which benefits would be anticipated, especially in respect of operating costs.

Existing optional premises approaching 900 square feet, offering abundance of storage, workshop area, picking table, packing station, office, kitchen and cloakroom facilities, along with a trade counter for local customers although this is not considered essential as products could easily be despatched/posted for next day delivery. Sale includes comprehensive inventory of useful tools/equipment which would command a substantial replacement cost.

Business established approaching 30 years, only 2 owners in this time, under current ownership last 15 years, retirement sale. Sales generated from multiple sources, includes valuable account customers providing regular repeat orders, online website sales, international sales via agents, and some direct sales from the attendance of shows. The business is easily manageable and can simply be operated by one person.

Currently trading at a level to suit vendors lifestyle with very little proactive promotion/marketing, Sales 2025 £66,742 ex Vat, has been considerably higher in previous years, Gross Profit £28,440, low overheads, especially if home based/amalgamated with another business. Huge scope to develop/promote business through use of sales platforms such as eBay, along with use of social media and possible online tutorial videos via YouTube raising the profile of the business.

Price £25,000 sav, Ref: M/WD37322N