Total of 18656 firms and businesses for sale today Saturday 20th April 2024
Sold. Reputable Telecoms & Datacomms Equipment Supplier
LISTING DETAILS
Firms For Sale ID:
34629
Vendor reference:
ID023
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£245,000
Turnover / revenue:
£792,000
Net profit / cashflow:
Undisclosed
Years established:
2013
Trading hours:
Monday to Friday: 09:00 17:30
Number of employees:
9
Employees / staffing:
The vendors both work full time in the business. The business employs 5 full time members of staff as well as 4 part time staff. Roles include: Marketing, Sales Admin, Accounts, Cleaning and Testing, Technical Sales, Technical, Web and Support Staff.
The staff are a real asset of the business and are highly skilled with many years of experience. Several staff members work closely with customers to ensure their requirements are met on a consistent basis.
OTHER DETAILS
Reason for selling:
This is a genuine retirement sale. Vendors wish to pursue their other pastimes and hobbies.
Support and training:
The current owners would be happy to provide full training and support at handover to ensure a seamless transistion of ownership. This should be relatively simple process as the business has key employees in place.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
As already mentioned the business operates from superb leasehold premises situated on a well-known industrial estate. The facility is significant with a floor space of circa 15,000 square feet. The vendors have spent considerable amounts on the premises over the years and as such enjoy beneficial lease rates. Rent is circa GBP 17,000 p.a. Rates are circa GBP 7,620 p.a.
BUSINESS DESCRIPTION
Reputable Telecoms & Datacomms Equipment Supplier
New & Refurbished Product ranges from leading manufacturers
Ref. ID023
Location : Yorkshire
Asking Price : GBP 425,000
This very well established and highly regarded UK Telco supply company was set up by the current owners more than 20 years ago. During that time it has established an enviable reputation for providing both new and refurbished telecoms products and data and installation products to the market, having built a client database of over 13,000 customers. For the last fifteen years the inclusion of data and installation products has grown as part of its offerings year on year, this pattern should continue into the future, providing additional income and revenue streams to the new owner.
Included in the sale of the company will be an estimated value of circa GBP 300,000 worth of quality stock items. Up until recently the company had never actively promoted these products to the open market preferring to keep them in stock for their established customers should they need them.
However they have more recently started to promote these products through the likes of Ebay and Amazon to take advantage of their search engines, using key words and tags. This strategy has already reaped rewards in a relatively short time by improving the companys profile and attracting new groups of clientele, such as maintenance contractors and end users who purchase items online.
The business has a huge range of in demand products and can supply everything from a simple cable tray right through to a fully integrated telecommunications system. As importantly it has the in house technical expertise to provide the right solution that is fit for purpose.
Expansion Potential
The business has performed consistently over the years. It has enjoyed new growth areas over recent years due to the implementation of new more proactive practices and as well as through the development of e-commerce sales channels. There is spare capacity within the current infrastructure to accommodate significant growth, should a new owner look to push the business forward.
There is no reason why a new owner could not significantly grow the business by being more proactive as well as targeting new customers. The business has the ability to enter new markets as it already has a sterling reputation in place.
Market / Competition / Non-Competition Agreements
The business could benefit from a more strategic medium/long term sales and marketing campaign. The company has its own informative website, which incorporates its own e commerce outlet. It utilises some of the leading consumer online portals to sell including eBay and the companys own website.