Design Agencies for sale in Essex

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Leading UK Provider of Computer-Generated Imagery (CGI)

Essex, England

  • Leasehold Price: £620,000
  • Annual Turnover: £488,000
  • Annual Gross Profit: £113,000
Seller Reference: CA100
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Business Description
Leading UK Provider of Computer-Generated Imagery (CGI)
Seller Reference: CA100
Request Details
Business Description
Location: North Essex

Lease Available

Asking Price: £620,000 plus Net Assets

Business highlights include:
Turnover 2019 circa £488,000 p.a.
Gross profit circa £113,000 p.a.
Adjusted EBITDA circa £141,000 p.a.
Net assets inc Cash at Bank c£160,000

Very well established over 16 years
Superb profit margin
Experienced Staff
Excellent loyal and repeat customer base

Business Profile:

The company was originally founded in 2004 to provide high-quality Computer-Generated
Imagery (CGI Visuals) to the property sector.
CGI visualisation is an essential tool for architects, Interior designers, planners and property developers. They are used extensively to communicate design concepts and to accelerate off-plan sales. They are being seen as increasingly important in the planning process in the form of verified visuals that combine CGI and photography.
CGI visualisation involves using specialist software to create 3D images of buildings and
interiors. The buildings in question may already be constructed, but more often than not
they are still in the design stage.
CGI Visualisation is also used in product showcasing and to communicate operating procedures, traffic flow, infrastructure layout and much more.
Over time the business has become one of the most respected UK providers of CGI Visuals
not just to the property sector but to a diverse range of clients in the areas described above.
The business is well structured with an excellent and consistent trading history and repeat
client base showing continuous profit. The owners have been running the company from their premises based in North Essex, but their client base covers many parts of the UK. There are 9 members of staff employed across the business. The business is well established, profitable and has enormous potential to grow further. This business provides a highly competitive portfolio of CGI services and has received glowing testimonials from a range of clients.

Services include:

Architectural Visualisation: 3D visualisation aids for architects, planners, property
developers and estate agents. This gives photorealistic images and valuable insights into
design ideas and options.

Interactive Walkthrough: Walkthroughs and Interactive visuals provide realistic true-life
idea for your project with Interactive 3D models, 360 Degree images and video animation.

Interior Visualisation: Working with commercial and residential clients this provides
multiple design ideas without large costs. Visualisation can change textures, colours,
decorations, accessories, furnishing and lighting.

Product Visualisation: Virtually any product at concept stage can be shown in stunning
visuals showing real life materials and textures before manufacture.

Virtual Staging: The business can provide images to empty interiors or exteriors and show
a space fully furnished with sofas, chairs, soft furnishings. This can be used in virtual
renovations and low-cost room dressing.

Augmented and Virtual Reality: The business has produced ground-breaking material in this field, and it is a growing communication medium for both enterprise and consumer markets.

Clients:
The business has a large and loyal client base ranging from multinational companies to local businesses and has established itself as a key player in the property sector.

Technology:
All necessary software and digital equipment are in place required to run a successful CGI
Visualisation business; a full inventory of equipment is available to all genuinely interested
parties. There is an operational website with huge potential to expand and promote a greater online presence for clients.

Key Strengths:
With many years of experience in the business, the owners take pride in the reputation it
has established, placing it above much of the competition and gaining plenty of referral
work by word of mouth. The business is sited prominently and is well appointed, offering a welcoming and professional environment for clients to discuss their needs.
The business employs 9 fully trained staff, with an average experience level of 15 years.

Growth and Expansion:
The CGI market is predicted to grow dramatically over the next 10 years as consumer
demand increases for video animation, 360-degree views and interactive visualisation.
This business is well positioned to take maximum advantage of this trend.There are multiple further income streams that could be developed including diversifying into other markets and industry sectors. The online presence and ability to commercialise a number of products offers great potential to increase revenue.

Advertising:
The business engages in trade press advertising & social media and has a comprehensive
and attractive website, detailing its services and has profited from strong word of mouth
referrals and recommendations. Further business could be generated by a clear social media campaign with a range of SEO and PPC advertising.

Employees:
There are 9 staff including:
1 Production Director
1 Sales & Account Director
1 Production Manager
4 Artists
2 Studio Administrators

Business Hours:
Monday to Friday: 9:00am – 5:30pm

Premises:
The business operates from prominent and well accessed premises in North Essex. A
flexible lease is available.
Car parking is on site.
Full details available.

Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions
will take place directly between the vendor and all interested parties under the auspices of
Turner Butler. The business has achieved a history of excellent turnover and profits consistently over 5 years.

Turnover 2019 circa £488,000 p.a.
Gross profit circa £113,000 p.a.
Adjusted EBITDA circa £141,000 p.a.
The Asking Price of 620,000 plus net assets of c£160,000 is for 100% of the issued capital
of the company (calculated on a zero cash-zero debt basis). A complete asset list is
available. There will be a £ for £ adjustment to the final sale price to reflect any movement
at completion away from the £160,000 net asset figure.

Reason for Sale:
This is a retirement sale.

Support and Training:
The existing directors and shareholders will provide full support and training to any
purchaser.
Trading hours:
Business Hours:
Monday to Friday: 9:00am – 5:30pm
Number of employees:
9
Tenure:
Leasehold
Listed by:
Request Details

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