Industrial & Hydraulic Hose Distributor East Anglia
Business sale (SCF1071) - added 18 January 2012
A growing and profitable regional distributor of hydraulic and industrial hose and assemblies with an expected turnover of £1.6 million and an adjusted profit of £240k in 2011/12. Retirement Sale. Established 25 years.
Over the last three years the company has managed through a combination of traditional sales effort and strong customer service to maintain turnover and remain very profitable in a difficult economic climate. In the current financial year sales growth of almost 20% is expected and a substantial increase in adjusted profit.
The geography of East Anglia and the region’s distinctive mix of agricultural, industrial and marine industries combine to create a highly defensible territory and business proposition.
The company’s longstanding customers include a broad range of industrial, engineering, agricultural and civil engineering companies. The company also has strong relationships with resellers marketing industrial supplies into the marine and energy sectors.
The company classifies its products in two broad groups each comprising around 50% of turnover:
Reinforced Hydraulic Hose and Hose Assemblies: are used in a wide range of industrial machinery and equipment when hydraulic pressure is required to drive rams, breaking systems and other processes.
Industrial Hose and Hose Assemblies: primarily made from rubber and PVC are used to transfer liquids and powders in a wide range of industrial, civil engineering, waste management and agricultural industries.
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