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Anderstore Ltd




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Acquisitions

 
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Thinking of Selling?

You may have been giving the sale of all or part of your business, whether now, or in the next few years, some thought:

  • It may be the time for your retirement plan or exit strategy to be put into effect;
  • You may want more working capital to help other parts of your business; or
  • It may be opportune to ‘cash in’ now to maximise the value of your business.

Why Anderstore is Right for You

  • We’ll deal with you with honesty, discretion, professionalism, confidentiality and a straight-up approach. We have an excellent reputation for acquisitions in this trade which we want to see develop further still.
  • There's no middlemen to deal with - we're not brokers and we buy only for ourselves.
  • Over the past couple of decades, we’ve successfully acquired many businesses similar to yours through agreeing good, competitive, realistic valuations. We’re keen for this to continue so you won’t be dealing with time-wasters;
  • Your business, name, reputation, customers and staff will all be in good, safe hands. We appreciate the dedication and hard work involved over the years; we preserve identities and trading names; we maintain customer service and customer loyalty; and we keep a high retention of existing staff. In summary, we understand the businesses like yours that we’ve acquired and we're keen to see them develop.
  • Your transaction can be well structured for tax purposes thanks to our good knowledge, experience, and advice on tax matters. This can make an enormous difference in maximising your return and keeping the Treasury’s take to an absolute minimum.
  • Transaction costs can be minimised. Selling a business can be an expensive process with high professional fees...but it doesn't have to be! We can talk you through each step of the process, through each of the documents, etc. This leaves you free to spend more of the money where it really counts!
  • Guaranteed finance is already in place so you can talk to us if your company is large and we’ve the flexibility to buy it if it’s small. In short: if you turnover £20m, £20k, or anything in between – we are very interested.

Don’t Just Take Our Word for it…

Here’s just one comment from the many vendors that we’ve dealt with over the years:

“I have no hesitation in recommending Anderstore to any other prospective seller. All monies were paid in full, and on the exact due date. The whole process was carried out in a very professional manner with no problems or hitches.”

Additionally, in their letter of reference NatWest Bank say that:

“[Anderstore] has been known to [NatWest Bank] for five years, is held in very high regard, and during this period the Bank has supported the business in its acquisition of seven other operations.

Over recent years we have provided significant facilities to assist with acquisitions and remain keen to continue our supportive stance to this very well run operation”.

If You’re Thinking About Selling…

If you’ve given the matter some thought and you’re serious about selling whether now or in the future, then we should definitely talk. Please contact us by:

  • phoning Alex Goodwin on 0113 236 5358;
  • email to acquisitions@anderstore.com;
  • fax it back to us on 0113 236 5359; or
  • post using ‘snail-mail’. Please mark the envelope “FAO Alex Goodwin, STRICTLY PRIVATE & CONFIDENTIAL” and address it to Anderstore Limited, 71 Harehills Road, Leeds, LS8 5HS;

Confidentiality

At Anderstore we take your confidentiality very seriously. You may rest assured that throughout your dealings with us, the potential acquisition, along with any accompanying information given, will of course be treated with both the strictest of confidence and discretion as our exemplarily track record testifies.

Our pre-valuation questionnaire (requires Adobe® Acrobat® or other PDF reader) includes commitments regarding confidentiality.

Additionally, should you require a more formal non-disclosure/confidentiality agreement (“NDA” ) in place, we are happy to prepare and enter into a suitable agreement on standards-based NDA terms (again requires Acrobat® or other PDF reader).

Valuation

If you’ve given the matter some thought and you’re serious about selling, then undoubtedly one of the questions that will crop up early will be the value of your business.

As mentioned above, we’ve successfully acquired businesses similar to yours precisely because we give good, realistic valuations. In order for us to be able to give the best valuation for yours, we have a few questions that we would first need answers to. Indeed, it is impossible for us to proceed too far without this information.

To this end, we have compiled a very minimal and simple set of questions. These may be found on our pre-valuation questionnaire (again requires Acrobat® or other PDF reader). Instructions for the completion and return of the document are included.

Once you’ve got the information together, simply it to us as set out in the form and we will contact you to discuss the matter further in due course. Alternatively, please feel free to contact us as above with any questions or for any information.

We look forward to hearing from you!





We are members of FIA, the Fire Industry Association (formerly FETA and the BFPSA). Click here to find out more. We've over 70 years experience with parts of our group having been trading since 1947! Click here to find out more. We are BS EN ISO 9001:2015 certified by the UKAS-accredited independent third party, BSI. Click here to find out more. We are registered with BAFE, the British Approvals for Fire Equipment. Click here to find out more. We are members of the IFE, the Institution of Fire Engineers. Click here to find out more. We carry comprehensive Public & Product Liability and/or Professional Indemnity Insurance up to the value of a staggering £5m! Click here to find out more. We are members of IFEDA, the Independent Fire Engineering & Distributors Association. Click here to find out more.