Pneumatic Control & Compressed Air Equipment Distribution Company for Sale

• Outstanding opportunity to acquire a specialist pneumatic control and compressed air equipment distributor.

• Two trade outlets serve the North of England and the Midlands whilst global sales are achieved via two websites.

• A specialist division of the company deals with pneumatic control equipment for the transport industry.

• The specialist range of carefully selected products extends to over 26,000 items.

• The company has been one of the principal distributors for the UK’s leading pneumatic control equipment manufacturers for over 20 years.

• Founded in 1991, the company has had to expand the size of both geographic operations over to time to meet demand.

• The company has a very diverse customer base both in the UK and internationally many of whom are long-standing.

• The company dealt with over 500 customers within the last financial year – approximately 30% of these were through an ever increasing online retail channel.

• Key employees possess specialist and wide reaching product knowledge and engineering and support capabilities.

• The acquisition of the business would be of interest to companies with a similar operation, “single source” organisations or companies with similar technical know-how in areas such as hydraulics or electronics.

Products & Services

The company’s 26,000 product lines include:

• Pneumatics equipment including control equipment for the transport industry
• Industrial Equipment
• Air Compressors

Services offered include:

• Full refurbishment and testing
• Compressor Servicing
• After-sales service and repairs
• Preventative Maintenance
• Pipework installations
• Specialist services i.e. Pneumatic Circuit Design
• Full Breathing Air quality testing

Employees

• The Managing Director and Director (the vendors) manage a workforce of 13 predominantly long-serving and highly experienced employees, across the two branches.

Premises

• The company operates two branches, one in the North of England and one in the Midlands.

• The company owns the freehold of the northern branch which measures 3,000sq.ft. These premises were recently valued at £180k and the rates are £6,960 per annum.

• The Midlands branch is on a three year lease (with two years remaining). The rent is £10,000 per annum, and the rates £4,368.

Reason for sale

• The vendors are looking to retire but will support a transition of the business into new ownership.

Financial overview

UNDER OFFER