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Distributor of Lubricants The business is a specialist... Nuneaton

£280,000
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Friday 11th November
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Distributor of Lubricants The business is a specialist in the supply of industry specified and approved lubricants and greases to the rail manufacturers and operators throughout the UK plus general industry and engineering companies.The business sells direct to its client base. The business is well respected within its field and offers to its client base a one stop supply. This is a major point of success for the business as it remains one of the very few true independent suppliers, enabling the business to offer the full needs of the client without main manufacturer’s limitations.The business is a highly knowledgeable organization offering not only supply, but skilled advice on products. This has proved to be invaluable to their clients and has ensured high levels of loyalty and repeat business.The business has built over the years a bank of product knowledge and a product list of 250 plus items, this is successfully managed and distributed by the companies own bespoke software system which is included in the sale and will be invaluable to the new owners.The business has very little competition due to their unique position in the industry as a supplier who can offer the full range of products in a one drop operation.The product management system is not just bespoke to the rail industry and could easily be rolled out to other industry sectors, plus rail manufacturers and operators throughout Europe, giving the new owners a superb growth opportunity.Equipment:Product management software system and tail lift vehicle.Customer Service:The business manages its blue chip customer base via its product management system and processes set in place from many years of trading experience. The company from the outset has sought to obtain clients on a long term basis, and this continues today to be a success for the business.The business has built a long standing trust with its client base, they rely on high levels of product knowledge and skilled advice, and this reliability has given the business its growth and quality status with its customers and suppliers alike.The business delivers at all stages of its dealings, value and a simple viewpoint that the customer needs come first.Key Strengths:• Independent free of tie to major manufacturers• Bespoke product management system.• One stop supply for all client product needs.• Low overhead cost and minimal staffing levels.• High Gross and net profit margins.• High level of retention of client base year on year.• Niche market and recognised as expert within it.Growth and Expansion:With the management systems and product mix in place there is a high degree of repeat business, giving high returns, and a solid base in which to build upon in the rail and general industry sectors.Growth can be via new markets and industri...
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