Hilton Smythe are delighted to welcome to the market this well-established and busy filtration business, which is currently located in Newport/Bristol, but could be relocated to anywhere within the United Kingdom.
The business was originally established in 2002 and has been in our client's careful ownership since 2007. Only now is the business being offered to the market due to our client's desire for a well-deserved retirement. The business operates 5 days per week and by appointment only at weekends, generating a turnover in the region of £183,000 per annum, with a gross profit of approximately 30%, as per the 2016 accounts.
Our client supplies bespoke filter solutions for all different types of businesses including pharmaceutical, chemical, nuclear, micro-electronics and semi-conductors, to name a few. All the products are manufactured to both British and EU standards. The technical team provides advice in the selection of specific filters for the job and can design and arrange production of filters designed for specific needs.
The business ensures clean air within all types of workplace and provides products, analysis, monitoring and management. The company's extensive air filtration portfolio includes the bonded carbon filter range, Duraflow long life bag filters, HEPA filters, panel and bag filters, liquid filtration and Dust filtration.
The sale price includes a number of lucrative contracts with blue chip companies, education and health authorities, and nuclear power stations. Our client is keen to ensure the continued success of the business and is therefore prepared to offer an extensive handover period, and would happily work within the company until a new owner is confident to take over the business completely.
The business has built up an excellent reputation within the industry for the high quality of the goods and services offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.
A new owner could embark on a modest marketing campaign to highlight the excellent service offered. The business already has an informative website in place to promote the business.
This is an excellent opportunity for a new owner to take this already thriving and busy business to the next level; therefore early viewing must come highly recommended to avoid disappointment.
HOURSThe business operates:
Monday - Friday: 9.00am - 5.00pm
Saturday - Sunday: By appointment only
STAFFThe business is owner run and managed with 1 x full time staff member.
FINANCIAL PROFILEThe business generates a turnover in the region of £183,000 per annum, with a gross profit of approximately 30%, as per the 2016 accounts.
T and T Filtration Ltd is currently run from premises within Newport/Bristol, although we are advised that the premises is not included in the sale and the business could be re-located to anywhere within the United Kingdom.
We are advised business only.