Clean It Up

UK Floor Cleaning Forum => Carpet Cleaning Forum => Topic started by: CATMAN on November 15, 2009, 09:51:09 am

Title: Is This Hydramaster-John Gotta Go??
Post by: CATMAN on November 15, 2009, 09:51:09 am
Carpet Cleaning Machinery Manufacturer And Importer For Sale
Location:
UK > England > South West > Cornwall

Summary
Asking price:£1,300,000
Turnover:£1,000,000
Net profit:Available on request
Employees:One director One company secretary One general manager One front office accounts One sales One workshop operative One sheet metal bender One laser cutting operative One water cutting operative One designer

Carpet Cleaning Machinery Manufacturer and Importer with optional three acre business park

This is a great opportunity to acquire a multi faceted business operation with the additional ability to acquire a small, fully occupied newly built business park constructed using the very best quality materials and offering the highest degree of insulation.

The core business imports and retails specialist heavy duty carpet cleaning equipment that it retails to contractors and sole operators working in the cleaning sector. It also supplies a full range of hand held tools and accessories plus the prerequisite cleaning fluids essential to carry out the work.

It has also designed its own machinery that is built on site. This has necessitated the acquisition of specialist laser cutting machinery and lately the company has also bought a CNC water cutter capable of handling materials up to eight inches thick . This has in turn brought in new additional revenue streams from a broad range of customers from contractors to the tourist industry
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Mike Halliday on November 15, 2009, 10:45:17 am
certainly look like it, a bargain!!
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Doug Holloway on November 15, 2009, 10:48:59 am
Hi Guys,

Well, there are only two CC supply companies in Corwall that I know about and Solutions were sort of bailed out by Hydramaster earlier in the year, so it unlikely to be them.

Must be Hydramaster but could they be selling up and keeping Solutions as a seperate brand with much reduced overheads?

Where did you find this Catman?

Cheers

Doug
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Mike Halliday on November 15, 2009, 10:54:34 am
http://uk.businessesforsale.com/uk/Carpet-Cleaning-Machinery-Manufacturer-And-Importer-For-Sale.aspx
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Shaun_Ashmore on November 15, 2009, 10:59:43 am
Suprised about the sale of the metal bending part as I would have thought that they would keep that and make their own TM's under the Solutions brand.

Shaun
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: jasonl on November 15, 2009, 11:38:48 am
Basically he is giving away the business, as commercial  property is changing hands regularly at under 5% of its annual yeild in this case this is 65k making the property worth 1.3 million , plus there is space to build another unit.

Bargain for someone.
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: derek west on November 15, 2009, 11:42:15 am
if you type in "Carpet Cleaning Machinery Manufacturer And Importer For Sale" on google its on all the generic business for sale sights.

its got to be hydramaster.

i'm gutted

derek
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Shaun_Ashmore on November 15, 2009, 12:17:14 pm
I think it is a bargain but you have to look if the original units are full? when I went to HM there was Hm and laser master which is a JG company and I guess there's Solutions also so the park is filled by one company there's no additional income.

Shaun
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: CARPET KNIGHTS on November 15, 2009, 01:17:03 pm
don't think it includes the property


This is a great opportunity to acquire a multi faceted business operation with the additional ability to acquire a small, fully occupied newly built business park constructed using the very best quality materials and offering the highest degree of insulation.
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: daysdeepclean on November 15, 2009, 01:21:14 pm
Fancy going half half Goron?
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Shaun_Ashmore on November 15, 2009, 01:29:31 pm
That sounds as though it's been cut and pasted.

Shaun
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: CARPET KNIGHTS on November 15, 2009, 02:26:42 pm
Shaun that is cos it is from the first post!

Colin not this week mate i'm a couple of quid short, did a lady contact you about a job in coinage hall street?

Cheers Goron
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Mike Osbourne on November 15, 2009, 02:31:56 pm
What's the betting it's bought by a competitor and we have even less choice and more price rises.  :'(
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: daysdeepclean on November 15, 2009, 02:49:04 pm
Shaun that is cos it is from the first post!

Colin not this week mate i'm a couple of quid short, did a lady contact you about a job in coinage hall street?

Cheers Goron

No mate, not heard anything yet! Thanks for the lead Goron.....

Col....
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Peter Sweeney on November 15, 2009, 03:07:20 pm
What's the betting it's bought by a competitor and we have even less choice and more price rises.  :'(

Hi Mike

I would have thought that the competitors have already been offered the opportunity before on went on general sale. Still, whoever buys it, I hope they come from within the industry, nothing worse than 2nd generation suppliers like when a parent hands it down to a non CC. All the passion goes out the window.

Pete
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Mike Osbourne on November 15, 2009, 03:13:15 pm
You are probably right Pete. Hope so anyway. It will be difficult to top Mr Gotts.
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Shaun_Ashmore on November 15, 2009, 03:28:23 pm
But who's got the money? majority of suppliers are skint or won't take it on because of location unless they relocate it, the midlands would be a great place I bet it would increase sales over night as everyone in England and Wa;es can get there and home within a day.

Shaun
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: elliott cleaning on November 15, 2009, 06:01:45 pm
If it is HM which does sound likely, you have to ask yourself what the ongoing arrangements with HM in the States are.    Could be interesting - fancy looking into it on a potential  50/50 basis Shaun?
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: robert meldrum on November 15, 2009, 06:17:29 pm
Question you should be asking is.............WHY /
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: elliott cleaning on November 15, 2009, 06:21:36 pm
You can ask the question "why" about any business  being sold.   No matter what the answer is, you can always be sceptical about it.   Until you look into it in detail & decide whether "you" can see a potential with it, the present owners reason for selling is immaterial
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Joe H on November 15, 2009, 06:33:54 pm
Why would Hm bail out Solutions some 12 months ago, and then sell up?

and that with the rumour Solutions have a new portie on the go.

Some things not making sense.
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Shaun_Ashmore on November 15, 2009, 06:39:44 pm
My thoughts are (not that I'm looking to buy as I'm poor) HM could be feathering the nest and setting up new machines, chemicals and TM's into the Solutions brand and then selling the Hydramster name to the next distributor.

Shaun

Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Peter Sweeney on November 15, 2009, 06:51:08 pm
I hope that is the case Shaun as I think it would be the industry's loss if JG was'nt involved any more.
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Martin S on November 15, 2009, 06:54:32 pm
My thoughts are (not that I'm looking to buy as I'm poor) HM could be feathering the nest and setting up new machines, chemicals and TM's into the Solutions brand and then selling the Hydramster name to the next distributor.

Shaun



A very shrewd observation that Shaun  ;)
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Shaun_Ashmore on November 15, 2009, 06:59:08 pm
John works hard for his company but also hard for our industry I don't want him to leave it but if he's got a bigger plan I'd like him to do well and succeed he has done well for CCDO and other donating loads for charity and also giving his time.

Shaun
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Joe H on November 15, 2009, 07:11:25 pm
I've got it! I've got it!

Theres no future in truck mounts.

Porties the way to go!
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: jasonl on November 15, 2009, 07:14:08 pm
The sales particulars say the owner has a land portfolio to develop, any buyer would probably ask for a non competition clause.
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: elliott cleaning on November 15, 2009, 07:40:06 pm
Non competition clauses don't work. They are virtually impossible to enforce & there are to many ways around them.  If you invest in a business, you have to have the belief that you can make a success of it irrespective of competition.
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: derek west on November 15, 2009, 07:46:19 pm
sounds to me that john has had enough of the cleaning industry and just wants to try something new, good luck to him and lets hope who ever buys it, gives as much as john did. top man.
derek
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Matt Lindus on November 15, 2009, 08:05:07 pm
Where's the confusion. He's selling up and going into property development. He has the land. Labour & materials can found cheap now.
Wishing him all the best for the future.

Matt
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Fintan_Coll on November 17, 2009, 11:42:31 pm
Now is the time to develop property if you have the land to build on and many people diversify in business all the time. I spent many years in the retail business myself before diversifying into the cleaning business.
I remember those who were in our line of business some years ago who are now doing other things.
Everything moves on , nothing remains the same for long.
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: cloverclean on November 20, 2009, 03:56:32 pm
Hydramaster is not for sale it was to just test the market,I spoke to John
Title: Re: Is This Hydramaster-John Gotta Go??
Post by: Mike Osbourne on November 20, 2009, 04:19:23 pm
No interest then.  :(