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Finance And Services:

Business For Sale. Design, Manufacture And Installation Of Electronic Coin Operated & Sensor-based Products

LISTING DETAILS
Firms For Sale ID:
34661
Vendor reference:
IG035
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£200,000  
Turnover / revenue:
£328,000
Net profit / cashflow:
£85,000
Years established:
14
Number of employees:
1
Employees / staffing:
The owner is responsible for the design, manufacture, assembly and customer management.

OTHER DETAILS
Reason for selling:
The vendor feels he is running at maximum capacity; however he would very much like to stay and continue to work with the new owner to see the business benefit from the input of a new owner with fresh ideas and enthusiasm.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Formed in 2003, this business designs, manufactures and installs a wide range of high quality electronic coin operated and sensor based control equipment for the leisure, industrial commercial and public sectors, on both a National and International basis.
The business continually reviews regulation requirements for new and existing markets and is skilled in its capability to design, manufacture and install sensors to fulfil customer requirements.
Equipment includes electronic flume sensor systems designed for waterparks and the leisure industry, coin acceptor entry systems for internal and external use , height and width detection systems for bridges, and access control for vehicle parking and security solutions. All designs are constantly being developed and updated to keep the business ahead of the market.
This business would appeal to those seeking a well-established enterprise with a proven methodology and a steady, consistent pattern of growth, a consistently strong order book with further opportunities for future growth.

Expansion Potential
There is considerable scope for growth with clearly identified means to achieve this. The vendors believe this is best achieved with the impetus and resources available under new ownership. Investment in growth and the development of new products could allow the business to excel and reach its full potential.

Market / Competition / Non-Competition Agreements
The business has a company website but has not invested in any additional marketing to attract new business. Currently everything is referrals or word of mouth recommendations.