BuyMyBiz - Kitchen Sink and Tap Distributor Business For Sale [BMB10612]

Reference: BMB10612

Activities: Kitchen Sink and Tap Distributor

Location: United Kingdom

Turnover: £1,142,000 (FY 2022)

Net Profit: £108,000 (FY 2022)

Business Overview

BuyMyBiz is exclusively retained to find a purchaser for this established kitchen sink and tap distributor, supplying premium products to the kitchen retail and bespoke manufacturing trade. For over 30 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.

The Opportunity

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

Price

Offers are invited for the Trading Goodwill Plus Stock at Valuation

(All offers to be based on a cash free/ debt free basis)

The Next Steps