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 I sold my business through Daltons, which all went very smoothly & I thought your advertising site was great. 

Colin Morley (October 2016)
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Leasehold Price: £195,000 + Net Assets (Leasehold) Annual Turnover: £385,000
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Business Description
Established for over 15 years the business designs, manufactures and sells niche mobile communication products to the automotive market via two of the sectors most well known and respected brands.  

Based in Cambridgeshire the business exports in the region of 30% of products via an established dealer network.

Key Features:

Profitable and cash generative

Market leading brands

Huge installed base

Highly profitable aftermarket for spares, upgrades and additions
Established network of International Distributors  

Established websites with ecommerce

BuyOnline capability

Growing third party and merchandised product sales

Active new product development program

  • Turnover £c385,000 Adjusted Net Profit c£130,000
  • The business controls the two dominant brands in the sector, each commanding its own loyal following
  • Overseas dealer network covering the globe and including the USA, Australia and the Far East. Many of the dealers are long established and loyal. They include independent traders and manufacturers representatives. There is great potential to develop and expand export sales.
  • The business has extensive web presence attracting new dealer and end user interest and sells all products via fully functional and dedicated Buy Online options
  • Straightforward low cost manufacturing and assembly processes, easily transferable to alternative suppliers
  • Good quality, up to date financial and administrative records. There are efficient back office systems and robust management controls.
  • Range of income streams from established and new products. The majority of the business is independent of any one client or supplier
  • The target market in the UK grew by 11.7% in 2014 and by 14.2% in the first quarter of 2015. With consumer confidence recovering and discretionary expenditure growing the overall market for the company’s products is expected to grow substantially
  • Three new products have recently launched and there are well defined R&D and merchandised product opportunities
  • Although currently run by one the owners this is a simple business which can be run under management
Tenure: Leasehold

Listed by: Business Partnership
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