Supplier Of Hearing and Visual Disability Equipment
Business Type:
Retail businesses, Service Businesses, Work From Home Businesses
HEADLINE SUMMARY
NOTTINGHAMSHIRE
SUPPLIER OF HEARING AND VISUAL DISABILITY EQUIPMENT
• Established 15 years
• Turnover circa £145,000
• Secured long term contracts to 2015 IRO £500,000
• EBITDA averaging £28,000- Over the last 2 years
• BUSINESS ONLY £230,000 +SAV
• Fully re locatable
• REF: 1009 DN
BUSINESS SUMMARY
This successful and profitable company has developed an excellent reputation in the field of supplying a niche sector of the disability product market with excellent potential for growth and is run profitably, currently running on economical hours.
Since 1996, the company has been providing local authorities and health care trusts in the UK with a range of daily living aids to help people with hearing and visual difficulties in their daily lives both at home and at work. They specialize in much needed products to enhance the quality of life of customers, and it provides a very rewarding occupation for the vendor.
Over the last 15 years the company has successfully won and kept many long term contracts with numerous organizations and has few competitors. Current contracts with expiry dates up to 2015 are in place and being well serviced. There are many strong and lucrative contacts as a result of successful trading.
The vendor of the business has almost 40 years knowledge and experience of working with and meeting the needs of disabled people across the full spectrum of disability and especially, people with hearing and visual impairments.
The company is in an excellent financial position and ready to be taken forward, ideally by a competitor in the same market place, a manufacturer with the ability to diversify its sales into a secure market, or an overseas investor wishing to develop its activities.
SCOPE AND POTENTIAL
The overall market for audio/visual impairment products is substantial in financial terms, and global in geographical terms. The potential for growth is significant. To date, the core business has revolved around the product requirements of large corporate, Local Authorities and National Health Service clients, but it is clear that investment in business development activities, and possibly additional sales staff, could generate very considerable volumes of business in other areas.
There are many different areas of opportunity for the business to diversify, and expand its product and supply range to different markets including private healthcare companies and the general public. It would be sensible for a new buyer to explore additional markets in terms of industry sector.
SUPPLIES AND PRODUCTS
The extensive range of products, many of which are own design or where exclusivity exists, are manufactured by various UK and overseas companies in the Far East or the USA. For a small number of these items the company are resellers. The company has excellent relations with all UK and overseas suppliers. The product range can be divided into the following categories although the products described are not an exhaustive list:
• Alerting Systems
• Alarm Clocks & Doorbells
• Listening Systems
• Telecommunications
• Hearing Care
• Visual Impairment Products
FOR FULL DETAILS PLEASE SIGN AND RETURN THE CONFIDENTIALITY AGREEMENT
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
North Yorkshire
£ 750,000
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