Online Tools & Equipment Retailer Business Successfully Sold by Turner Butler

Turner Butler successfully sold Online Tools & Equipment Retailer Business

Turner Butler were delighted to handle the successful sale of this young online rapidly expanding tool supply business. The vendor wanted a quick sale as he had other business interests he needed to concentrate on so the price was set to attract a quick response.

Turner Butler where instructed at the start of September and Heads of terms agreed with the successful purchaser during November!!

The sale completed just prior to Christmas 2015 . “A great result in terms of the price secured, ease of transaction and the timescale” said a delighted vendor.

Online Tools & Equipment Retailer Business Successfully Sold by Turner Butler. Turner Butler is happy to announce this sale of Equipment Retailer Business.

Another bumper year in sales of engineering businesses

Turner Butler are happy to announce yet another bumper year in sales of engineering businesses.

Leading ‘No sale, No fee’ broker, Turner Butler are having another bumper year in sales of engineering businesses.

Tony Bell, Regional Manager, Turner Butler 

comments; “Although 2014 showed significant growth in sales of manufacturing businesses throughout the UK, we are still experiencing further growth throughout 2015 as a result of the Government’s focus on the manufacturing sector and the banks re-entering the sector and showing greater appetite to support buyers keen to acquire profitable manufacturing businesses. This extends to first time owners of engineering businesses, as well as existing engineering businesses looking to expand. Once you add in the overseas investors looking to establish a foothold in the UK marketplace and UK based high net worth individuals, the buyer pool has increased significantly in the recent past resulting in significant increased transactional activity’.

Over the past few weeks Turner Butler have completed on a number of business transactions from right across the full spectrum of the engineering sector – ranging from Bristol based KM Engineering Limited, a well-established sub-contract engineering company specializing in CNC machining exotic materials for the oil and gas industry, right through to Merlx Limited, an East Riding based electrical engineering business specializing in design, installation, testing and repair. Both businesses sold as a result of Turner Butler’s comprehensive marketing campaign appealing to a wide number of interested parties, resulting in, in KM Engineering’s case, of a sale within just two months of the Business being brought to market.

Another bumper year in sales of engineering businesses by the leading 'No Sale, No fee' broker, Turner Butler

Turner Butler successfully sold A Plus Joinery

Turner Butler successfully sold A Plus Joinery

In the latest transaction it has completed in yet another busy year for business sales, ‘No sale, No fee’ Business Broker, Turner Butler has sold Hertfordshire based A Plus Windows and Doors Limited, a manufacturer of hardwood timber, windows, doors, conservatories and orangeries.

A Plus, a subsidiary of the Stillwater Group of Companies was acquired by North Yorkshire based Adrian Goodall Builders & Contractors – a very busy construction company with an on-going demand within its own business activities to supplement the throughput generated by A Plus’ own significant, high quality customer base.

Acting for the Stillwater Group, Turner Butler undertook a confidential marketing process from which Adrian Goodall Builders & Contractors was chosen, from many, as the preferred bidder.

Tony Bell, Regional Manager of Turner Butler comments: “I am delighted that Turner Butler was chosen to act for Stillwater in the sale of the business. Stillwater took advantage of strong market conditions in the business sales sector and were able to agree and conclude terms much more quickly than can often be the case with joinery shop sales. We wish Adrian Goodall Builders & Contractors the very best with their acquisition which gives them a significant and quality presence in the joinery sector’.

Turner Butler successfully sold A Plus Joinery

Upsurge in sales of on-line businesses, reports Turner Butler

Reflecting the increasing maturity of the e-commerce sector, ‘No sale, No Fee’ business broker, Turner Butler has seen an upsurge in on-line businesses successfully sold during 2015.

‘E-commerce as a sector has firmly established itself amongst the top ten sectors of businesses brought to market currently’ said Rupert Cattell, Managing Director of Turner Butler.

Interest in acquiring e-commerce style businesses is equally prevalent, significantly shortening the period of time it takes to achieve a sale, particularly for companies that have a proven track record of many years of successful trading.

Two recent examples are UK Wristband Limited sold by Turner Butler earlier this year and The Footy Shop – a market leader in on-line retailing of football sportswear, both of which sold to private investors easily within the time constraints set out by their original owners, with the latter completed within an astonishing 20 weeks from Turner Butler’s appointment.

Rupert Cattell, who handled both sales added: ‘There was substantial interest in both of these businesses from buyers from the UK as well as overseas. The sales demonstrate that where businesses are competitively priced, such as UK Wristband and The Footy Shop, they will attract high levels of interest. In the past few months, we have successfully completed on the sales of several other e-commerce businesses, with more deals in the pipeline due to complete shortly.”