Reference: VEX00887
Business Overview
Vexus.co.uk is exclusively retained to find a buyer for this established business. Over the past 100+ years, our client has built a successful business as a leading manufacturer. The business distributes worldwide and works with DIY wholesalers and retailers, craft stores and builders’ merchants, 90% of whom provide repeat business.
Established for 100+ years
Operating across a number of brands, the business offers a wide range of products, including but not limited to:
Display Hardware
Frame Accessories
Picture Hooks & Pins
Upholstery & Carpet
Nails & Screws
Miscellaneous
Recognised brand with multiple new growth areas
The Directors work in business on a day-to-day basis and are supported by a strong team. A full and mutually agreeable handover period will be provided, the vendors are also open to an extended handover if appropriate.
Reason for Sale
Our client has built a solid business which is highly scalable and ready for the next phase of business growth. They believe the business would benefit from becoming part of a larger organization with the expertise and resources to take the opportunity to the next level and drive business growth internationally and into new market areas.
The Opportunity
Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to other buyers with strong market or client synergies looking for a scalable ’bolt-on’ business opportunity.
Established & Proven Business Model
Strong Goodwill & Business Reputation
Profitable Growth Business
Scalable Business Opportunity
High Levels of Repeat Business
A Timely Vendor Handover
Summary
This is a rare opportunity to acquire an established business. 100% of the business shares are available to a suitable buyer with the resources, experience and energy to drive this business forward to the next level. A full and mutually agreeable business support and handover period will be provided by our client.
Offers are invited for 100% of the shares in this business
All proposals to be based on a cash free / debt free basis.
The Next Steps
On completion of our non-disclosure agreement, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.