Other Service Businesses for sale in Nottinghamshire

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Ian McGregor (Nov 2013)
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Leasehold Price: £585,000 Annual Turnover: £448,104 Annual Net Profit: £133,280
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Business Description

Intelligent Business Transfer are delighted to bring to the market this superb opportunity to acquire a specialist company, based in the Midlands, which provides a range of safety product solutions for the road transport industry.

This award-winning business has been established since 1993 and has experienced steady growth. The business has designed, developed and supplied safety solutions for commercial vehicles, trailers and off-road vehicles and its core products include air brake locks, warning systems and hand brake alarms.

The business has a glowing reputation in their industry and amongst their blue chip clientele, which has resulted in a loyal customer base and impressive financial figures.

The turnover for the business last year was £448,104, with a gross profit margin of £238,274 and an impressive net profit figure of £133,280.

These impressive financial figures have been achieved with minimal advertising. If a potential buyer were to proactively seek new clients and employ a sales rep, the customer base and sales revenue would improve significantly.

The vendor is selling the business due to retirement. This business would suit an entrepreneur with experience and knowledge of the transport industry or a larger company looking for a lucrative bolt on acquisition.
Number of Employees: 2

Tenure: Leasehold

Listed by: Intelligent Business Transfer
Find out more about this business for sale opportunity by submitting the form below.
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