Conveyor Systems - Birmingham

Asking Price
£350k

Description
This well-established company specialises in the design and supply of conveyor systems to industrial and commercial customers. The product range includes standard and bespoke belt, overhead, powered and gravity roller conveyors – all for light unit load handling applications. The technology involved is straightforward and manufacturing operations are fully outsourced. The retirement of the current owner/directors over the next 2 years has led to a decision to sell the business. The customer base includes a number of blue-chip clients including high street retailers. Inquiry conversion rates are excellent and there is considerable scope for growing the business. The business premises, office and showroom space, are held on a short-notice tenancy basis. Currently the annual turnover is £450k and gross profit margins of 40% are typical. The business also has a strong balance sheet. The Guide Price for this business is £350,000 for 100% of the Share Capital. It will be of interest to companies already engaged in this market and seeking to extend their customer base and product range or to an experienced individual who would like to become a business owner.

Category
The wholesale and distribution section lists businesses for sale in areas such as golf equipment and hospitality distribution, and specialist wholesaling.

Contact Details
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