Large Database of Clients
Contracted Income £200,000 Over 5 Years
Accounts Available Year End 31st May 2019
Intellectual Property Included In Sale
Blacks Brokers are pleased to bring to the market this rapid deployment CCTV system manufacturing business that can be operated anywhere worldwide.INTRODUCTION
Remview Limted has earned an enviable reputation as a high quality rapid deployment CCTV system manufacturer. The business currently has annual maintenance contracts in place producing guaranteed revenue totalling over £200,000 over the next five years. Along with the sale of the business is intellectual property for numerous designs on the security systems.LOCATION
The business is currently operating in the Preston area of Lancashire however the business can be operated from anywhere in the UK or worldwide. REASON FOR SALE
This opportunity has become available due to our client’s other business commitments and therefore the business has been placed on the open market at this appealing price point. LEASE
There is no property available with the business therefore no leases apply.The Remview Product
RemGaurd is the most technologically advanced, rapidly-deployable and portable CCTV system which uses cutting edge technology to provide 24 hour watch over sites and premises. It comprises a high definition camera with integral infra-red illumination, intelligent video analytics to detect unwanted visitors, video recording, 3G/4G/WiFi connectivity.
It uses intelligent video analytics to detect intruders
Integrated video analytics software and provides reliable intruder detection and control room notification of images recorded when detection occurs.STAFF
The business is currently operated by our client whom is supported by a full time engineer. FINANCIAL DETAILS
Currently the business is generating revenue from its existing accounts.
accordingly to the business accounts year end 31st May 2019 the annual turnover is £51,585. The business also has maintenance contacts that have a five year agreement in place securing a revenue in excess of £200,000. SUMMARY
The business is ready for expansion and therefore offers huge potential to increase turnover by recruiting a sales team to win new business accounts to build upon the residual income being generated each year. The business has a number of Blue Chip clients on board and can build on this reputation. Our client has already been approached by a number of companies for new sales but at the moment does not have the infrastructure in place to handle the enquiries and interest to take Remview onto the next level. The current turnover is based on existing contracts only but with Remview's USP’s and reputation selling new contracts could be relatively straightforward and would see turnover increase dramatically.
The business does not actively advertise or market itself at this current time and this would suit a corporate purchase who could push the business forward and build upon the solid trading foundations laid down by our client.
Our client has offered a handover period for the new buyer to allow a seamless transaction and help a new owner maximise their return on investment. This Is a unique proposition offering a lucrative opportunity with a secured income stream from contracted clients. Early interest is advised as a speedy completion is anticipated. Fixtures:
Branding & Trademarks
Other Chattels Available