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Established Distributor of Quality Polymers

Businesses for Sale

Sale Memorandum

Established Distributor of Quality Polymers


Ref.EY030

Location Midlands

Asking Price £ 430,000

Confidential offered for sale

Asking price includes:

Inventory of quality machinery equipment
Sound, established large client data base
Trusted and respected name since 1980
Managers with specialist knowledge
Many years of successful operation
On-going growth pattern
Fully re-locatable business
Training and handover
First class reputation
Informative website
Goodwill
Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA

Business profile:

This business was established in 1980 to supply re-processed and virgin raw materials to the plastic moulding industries market. The organisation has gained a sound reputation with its customers for the supply of quality polymers through out the United Kingdom, ensuring prompt delivery of ex-stock items and a flexible response to customer requirements, including the willingness to supply quantities of any size and providing first class technical expertise and advise.

With its wide product range, it offers a very flexible package to its present customers, and potential new customer base. The business works closely with suppliers to ensure that the latest technology and materials are employed, continually looking to enhance the product range to the benefit of customers.

The Company is known for its quick turnaround times, competitive prices and high quality products and has all the required facilities to provide a superb quality product, The Company philosophy is a very simple one, to produce customer requirements on time, every time, supplied to exacting quality standards.

The business has enjoyed a policy of continued investment in new equipment, and re-investment of profits.

Equipment:

Colour compound manufacturing line

Customer Service:

This business is a highly regarded and has gained a first class reputation for a consistently high standard of product plus excellent customer service. Overall production capacity gives customers a reliable service with excellent quality.

A high standard of response to orders received is a priority, delivering products of the highest quality on time and adapting where necessary.
Key Strengths:

The competitive approach and policy of continuing investment to improve the technical capabilities of the Company demonstrates the determination and commitment to maintaining the excellent reputation it has earned over the years.

The Company has never had to look for work with customers returning time and again because of the exceptional service they receive. This Company has a wealth of knowledge and materials expertise.

Growth and Expansion:

A strategic sales and marketing campaign and a external sales presence to capitalise growth into the distribution plastic moulding industries sectors for both the home and export markets would further develop the business growing database of account customers, this success story enjoys a sterling reputation for quality, excellent service and value, not to mention a high demand for its wide range of quality products. This company offers a new owner plenty of excellent growth potential and a strong market base, making it a business that is on the right track to the next level of business.

The business could take advantage of globally sourcing materials to produce higher profit margins.

This Company is capable of supplying all customers’ needs with a level of service that is genuinely first class. With a strong demand for existing products there is a capacity to increase the turnover and profitability. A new owner/management system would contribute fresh ideas and energy to expand on this solid foundation.

Quality Assurance:

The business working to ISO 9001: 2000 make sure that any mistakes are kept "in house" an excellent quality assurance system has been established and tailored for the business, designed to ensure customers received only first class products, this first class status is fully recognised by the long-standing regular customers. High sales have established a customer base that is varied and soundly established, the business customer base includes companies of all sizes.

Continued investment and training, combined enables the business to offer customers consistent quality, competitive pricing and security of supply. The service is fast and efficient with response to every client always friendly and helpful. The business offers total commitment to meet the expectations of customers by providing a cost effective and flexible supply capability that is second to none.
Premises:

Conveniently based leasehold premises on hundred year lease forming part of a well-established industrial area, with excellent signage, separate offices, and warehouse, having lots of good storage, easily accessible frontage. The business currently occupies a 7,000 (approx.) sq. foot building. The site is well located for access to major road and motorway networks.

Premises available under separate negotiation.
Advertising and Marketing:

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively. The best form of advertising for this business is and will always be "Recommendation".

It has maintained an excellent reputation since inception and there is immense opportunity to implement further and more assertive methods of advertising to expose the business to even greater markets. A high proportion of the business’s revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry.

The business for sale has a professionally designed website that offers excellent potential to increase turnover in the future.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business is financially stable and enjoys a strong order book, high gross and net profit and has shown consistent growth. Full financial information is available, subject to the confidentiality letter being returned.
Support and Training:

The current owner’s our happy to provide full business familiarisation training and one of the owners prepared to work on in the business for a negotiated period
Reason for Sale:

The owner’s feels they have not got the time to take the company to the next level. The business comes fully operational and a new owner with drive and energy will carry this business forward.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006

Next steps

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