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Finance And Services:

Sold. Specialist Manufacture, Sale And Hire Of Exhibition And Conference Display Systems

LISTING DETAILS
Firms For Sale ID:
34475
Vendor reference:
CA095
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£295,000  
Turnover / revenue:
£289,713
Net profit / cashflow:
£89,089
Years established:
1985
Number of employees:
15
Employees / staffing:
The director works full time in the business and employs a secretary, 2 stand fitters and 12 self-employed fitters.

OTHER DETAILS
Reason for selling:
The business is being sold due to the pending retirement of the owner.
Support and training:
The vendor is happy to provide support and training to ensure a smooth transition of ownership.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Specialist Manufacture, Sale and Hire of Exhibition and Conference Display Systems
Ref CA095
Location Suffolk Fully relocatable
Asking Price : GBP295000
This specialist business is a one stop shop providing the exhibition industry with cost effective light weight display panels and stands. The vendor has owned the company since 1985 and over the years has transformed the business into a premier hire company for the products.

These products are primarily provided to the corporate market across the UK, with many repeat customers choosing to hire stands rather than buy, the business has fitted most large exhibition arenas around the country.

The business designs, manufactures and installs exhibition and display stands. The prime activity is the hire of exhibition stands. The stands snap together and form a display area in exhibition halls. The business has built up an excellent reputation for providing quality products. This reputation has led it to becoming one of the top suppliers of shell schemes systems as it provides a complete design, build, dismantle and removal service for venues both large and small.

The exhibition panels are for hire or sale and are split 95percent hire and 5percent sale at this time. The business has grown on recommendation and repeat business due to the excellent service and value on offer.

This is an excellent opportunity for an individual to acquire a profitable business as a starter opportunity or alternatively as a bolt on for an existing business looking to expand.

Expansion Potential
This is a marvellous opportunity for an individual or an existing company to build on the excellent foundations, developing and expanding the market and the product base of the business. Very little investment has been made in this area, with a high percentage of work achieved through word of mouth recommendation and repeat business.

Market / Competition / Non-Competition Agreements
The business has an excellent website, however, with more and more people using social media expansion into Facebook, Twitter etc. could certainly benefit the business and bring in additional enquiries.