* Business for sale
* Excellent opportunity to acquire a well - established family business
* Only available upon retirement
* Modern Unit ideally placed close to the M1 motorway
* Two fully equipped vans for mobile fitting
* Strong turnover and accounting figures
***Guide Price £200, 000 to £250, 000***
**Business for sale**
An exceptional opportunity to acquire this well - established provider of fluid
transfer solutions and on - site repairs specialising in hydraulic hoses, pipe
fittings & couplings which has built up an enviable reputation with a large
and loyal customer base coming from far and wide, situated in an excellent
location just off the M1 within a modern unit.
**Hosetech**
An exceptional opportunity to acquire this well - established provider of fluid
transfer solutions and on - site repairs specialising in hydraulic hoses, pipe
fittings & couplings which has built up an enviable reputation with a large
and loyal customer base coming from far and wide, situated in an excellent
location just off the M1 within a modern unit.
Long established business with excellent potential for growth and expansion
Prime location close to the M1 motorway network within a modern unit
Fully equipped to operate immediately
Only available due to the owner's retirement, a viewing is essential to
appreciate the opportunity on offer.
**Location**
The modern premises are located in Barlborough, close to Junction 30 of the M1
Motorway with excellent road links, being approx. 14 miles to the south east
of Sheffield, approx. 28 miles north of Nottingham, and approx. 30 miles north
of Derby. The business also come with two fully equipped vans which allow
repairs to be carried out on site allowing the potential to cover a huge
geographical area.
**Description**
The business was established in 1998 as a family business, on which basis it
continues today. The business specialises in both emergency and
none - 0emergency work, and has grown to become a highly regarded provider of
fluid transfer solutions and on - site repairs specialising in hydraulic hoses,
pipe fittings & couplings.
Hosetech offers a comprehensive range of fluid transfer solutions, products &
services to industries including agriculture, automotive, construction & plant
hire, environmental, manufacturing, material handling, mining & quarrying,
transport & logistics, and utilities. The majority of work undertaken is
replacing burst or damaged hydraulic hoses, with each service engineer
operating from a mobile workshop from which hydraulic hose assemblies can be
made on site.
The business also manufactures a range of specialist products including
bespoke power packs and other bespoke solutions for fluid handling solutions
from the modern and fully equipped premises, which include exceptional
workshop and office space.
The business does not currently have a huge online presence, instead mostly
relying on its long - established reputation and prominent position, however
this is an area which provides exceptional potential for growth with a website
and further social media advertising.
**Business**
Whilst the business has been impacted by the Coronavirus (covid - 19) pandemic,
the current owners have adapted to the ever - changing conditions beautifully,
and therefore the business is for sale providing a rare and exciting
opportunity to acquire an already successful business with excellent potential
for growth as desired, and which has performed very consistently over many
years.
The turnover in fye 2020 was in excess of £725, 000 despite the pandemic,
having shown consistent turnover in previous years, with excellent income
provided for the family team.
Full accounting information can be made available following on from a viewing.
**Premises**
We have not seen the formal lease documentation, but understand the premises
to be held on a 6 - year lease commencing from April 2019, with approximately
2. 5 years unexpired term. Rent is currently payable at a rate of £20, 538 per
annum exclusive, payable quarterly in advance at a rate of £5, 134. 50. Service
charges are payable in addition at a rate of £140. 50 per quarter.
**Business Rates**
There are no business rates payable at the present time for qualifying
occupiers
**Epc**
Energy rating D - Valid until 17 May 2025 - Certificate number
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