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Operating Just 3.5 Days Per Week
Annual Turnover £175,999
Gross Profits Of £61,677
Established In 1978
EPC - G
Blacks Brokers are pleased to bring to the market this long established and diverse hydraulic and pneumatic engineering business based in Todmorden, Lancashire.
Cdr Supply Co Ltd has been trading for almost 40 years, starting life as a commercial motor factor and developing over time into this specialist pneumatic company. The business still provides a diverse range of products from electric generators to office blinds to motor consumables such as oils and batteries. The business has a huge customer base and a reputation second to none due to the impressive trading history and wealth of knowledge provided. The business is now offered for sale due to retirement, and so we offer this exciting proposition on the open market. This opportunity would suit another similar a business looking to expand into this area of Lancashire, able to drive the business forward and really trade off the extensive customer base and reputation put in place by our client.
The business is situated on outskirts of Todmorden within a commercial unit on small industrial estate, there is off road parking available for around 5 or 6 cars. The single storey unit is secured by a large, metal shutter and main customer entrance with security bars fitted. Inside, the unit it is large and well stocked, with a customer servery and a private office area. The stock range is extensive and diverse. In the main at this stage, the largest customer base is now in the pneumatic industry and the business has the equipment to manufacture hydraulic and pneumatic hoses, with the main customer base being in Todmorden and the surrounding areas. This niche industry is much sought after in this industrial area, with nearly all customers repeat and loyal.
To summarise, this is a superb opportunity for a new owner to really drive this very profitable business forward. Currently opening for only three and a half days a week and bringing an annual turnover of £145,000 with rent of only £5,700 per annum, there is a lot of scope for expansion and potential for growth. Viewings are strongly advised at your earliest convenience.
For more information about this property, please contact Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)
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