Total of 18657 firms and businesses for sale today Friday 29th March 2024
Time to Sell or Time to Buy !

Sold. Supplier Of Branded Lighting To Uk Businesses Plus Maintenance And Servicing

LISTING DETAILS
Firms For Sale ID:
29778
Vendor reference:
JC022
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£425,000  
Turnover / revenue:
£726,000
Net profit / cashflow:
£55,000

OTHER DETAILS
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Supplier of Branded Lighting to UK Businesses plus Maintenance and Servicing
Ref No: JC022
Location:Relocatable
Asking price: £425,000
Established in 1995, this business has grown to become the U.K.s leading supplier of lighting to the retail sector. The business provides an installation and maintenance service for numerous nationwide retail businesses.

The country operates across the U.K., by working with a high quality team of electrical contractors who are all NICEIC registered.

The business provides a service for anything from a major shop fit for a new opening or refurbishment right through to an emergency call out to one of the 5,000 clients that the business has worked with over the years. The business prides itself on its environmental benefits and has convinced many customers of the cost savings that are achieved.

The business has a sales team that takes inbound calls from clients generally looking for a very prompt delivery. The business can in fact provide a next day service on orders placed before 4 pm.

The business markets its product range through a unique system created in-house as well as via its website and mail shots.

This business is fully turn-key ready for a new owner to develop on to the next level from the solid foundations laid by its current owner and, if required, could be relocated by a new owner. This business is known for its excellent reputation for quality, service and flexibility.

This acquisition offers a unique opportunity for a buyer to purchase a successful business that is just waiting for the right person to provide the management and marketing skills necessary to enable it to move to the next level of performance. The business has a great base on which to build and the demand for its products is strong, this is not an opportunity to be missed.

The business would make an excellent bolt on to an electrical or facilities management company.

Expansion Potential
The business has potential to grow by opening up discussions with facilities management companies. This is a very exciting route that the business could take that could add offices, shopping centres etc to the long list of clients the business already has.

An investment to the website could allow for orders to be placed online.

Market / Competition / Non-Competition Agreements
The business benefits from a constant flow of repeat business and word of mouth referrals. The business only markets itself through mail shots at present. A more proactive approach and an investment in some online advertising should have a significant positive effect on sales.