Niche Manufacturer of Desk & Office Screens

Price:

Leasehold - £560,000

Turnover:

Seller Ref:

9899WV

Location:

West Midlands

Business Type:

Retail businesses

See Other:

Office suppliers for sale in West Midlands
Retail businesses for sale in West Midlands

Description:

THE BUSINESS:

HISTORY

• The business was founded by the current directors over 21 years ago

REASON FOR SALE

• The directors have reluctantly decided to offer the business to the market as they wish to pursue an alternative unrelated business venture

PRODUCTS

• The business manufacture and distributes nationally a niche office related product for which there are only around six producers in the UK
• The product is always manufactured to order and is available in different colours and sizes

CUSTOMERS

• The business has a database of circa 200 customers of which approximately 60 are live at any one time
• There is no over reliance on any single client or market sector
STRENGTHS

• A very well established business
• Niche product with limited competition
• Excellent annual sales which average circa £500,000
• High gross margins
• Good customer spread with no over reliance on any single client or market sector
• Experienced work force

SCOPE

• Employ a sales representative to find new customers
• Put in new complementary product lines, we are advised that the existing staff could produce an additional 10%
• Increase sales prices which are low in comparison to the competition
• Advertise in related trade magazines – the business does no advertising presently
• The business is an ideal ‘bolt on’ for another operator in the same market sector

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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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.

Location Details:

• The business is ideally located on a large commercial business estate in the West Midlands

Trading Hours:

• Weekdays 7.30am to 4.30pm • Occasional Saturday mornings as required

Accommodation:

• Pedestrian entry door into the reception corridor with 2 offices off and with male, female and disabled toilets • Full height electrically operated roller shutter door, which gives vehicular access to the manufacturing area • Equipment includes: • 5cm circular bed saw • 2 spindle moulder • 1 band saw • 1 stand drill • Numerous hand tools • The premises are fully double glazed and also have the benefit of an alarm system. • There is parking for around 12 vehicles in their own car park plus free of charge on street parking on the commercial estate.