The Business Wizard
IV017-Agents and distributors for Pallet Wrapping Machines & Systems representing leading manufacturers database of customers in excess of 2000 - Greater London , London      £195,000
This highly regarded business was founded in 1967 and has grown since the current vendor acquired it in 1999, to become a significant enterprise with an international reputation among its blue chip customers predominantly in the food industry, for the quality of its products and service, honesty and reliability.

This business offers many advantages to customers, allowing a strong relationship to build up which improves product quality at all stages in the development and production process a commitment which has lead to consistent long term trading relationships.
Potential:
This industry sector has been though very hard competitive times and has emerged as one of the tried tested and robust survivors and now the current market for this business is still competitive but growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. Business operations are not at maximum capacity and there remains considerable scope for an increase in production, turnover and profit
Lease Details: The business is located in an easily accessible area in Middlesex with its many key road transport arteries and operates from a seven building circa 3,500 square feet area including factory, storage and administrative offices on a mezzanine floor.
The premises are leasehold with 5 years remaining on a renewable lease. Rent is paid annually at circa £30,000 with rates payable of circa £10,000
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