- Industry Overview: Engineering Tools Retailer
- Location: South East, UK
- Business Description:Great opportunity to acquire an established company, supplying high quality engineering tools to both local and country wide customers. They are specialists in supplying tools like carbide end mills, carbide slot drills, roughing end mills, carbide drills, spot drills, centre drills, etc from well–established and high–quality brands. Experienced staff in place, the business is easily scalable by investing in marketing and online sales. The owners are looking to exit due to personal reasons and would be happy to entertain discussions with serious buyers. This company is over three decades old, and has established themselves as one of the leaders in the sector. They offer a wide range of mobile lifting equipment, owning an impressive fleet.
- Financial Summary: Turnover FY22 Circa £1.2m | Gross Profit Margin: 25%-30%
- Team Overview: An extremely well trained and professional team of 15-20 employees.
To find out more get in touch with our team quoting reference number: 23371