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

Sold. Manufacturer Of Custom Cable Assemblies For The Data Communication Industry

LISTING DETAILS
Firms For Sale ID:
34839
Vendor reference:
IU184
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£300,000  
Turnover / revenue:
£758,502
Net profit / cashflow:
£55,966
Years established:
10
Trading hours:
Monday Friday 8:30 5:00
Number of employees:
13
Employees / staffing:
The company has two directors and employs 12 full time staff these include 1 workshop supervisor, 1 warehouse manager and 10 cable assembles. The part-time staff include 1 account/admin office worker.

OTHER DETAILS
Reason for selling:
The directors have genuine interest to retire
Support and training:
The current owners will provide all necessary training, to ensure a smooth transfer of the business to the new owners
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The property has a rolling lease.The annual rental is currently set at circa GBP 31,463 per annum incl. rates and water. The property has two offices and workshop which is 360sq metres. Storage 60sq metres. The property has a security alarm and CCTV. The services include gas, electric, water, sewage and broadband.
 
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BUSINESS DESCRIPTION
Manufacturer of Custom Cable Assemblies for the Data Communication Industry
Ref. IU184
Location : Essex
Asking Price : GBP 300,000
This company is recognised as one of the leading trade suppliers of custom cables and wires in the UK. Specialising in the supply and manufacturing of cable assemblies for the data communication industry. Providing excellent quality goods which are sourced to B2B specialist markets.
All products are bespoke to order this is to ensure the cables and wires satisfy their clients requirements. Their products cover CAT5e, 6 and 6a Networks, Telephone Wiring, MM & SM Fibre Optic technology and Soldered DType Data Leads. The technicians are highly experienced and accredited. As a member of the Fibre Optic Industries Association ISO 9001, the business is notably highly accredited.
The company has clients across the UK, Europe and Worldwide. Particularly catering to B2B clients, the business is now recognised as a reputable company in the Data Communication, Networking and Telecommunication industries.
The longterm staff retention level demonstrates the employees dedication to the company. With a team of 12 fulltime staff, the business is proven to be one which treats both their clients and staff well. The current employees are skilful and experienced in this sector, the owners recognised their loyalty and service to be second to none. All staff reflect the businesses reliable and competent reputation .
The company is wellknown for their environmentally friendly attitude to recycling. The business is mindful of their wastage and will recycle any materials which can we reused. Materials such as cable drums, reels and pallets are recycled back into the industry.

Expansion Potential
There is a huge potential to increase sales through broadened marketing and advertising.

The business currently has an attractive and informative website.

The market is ripe for growth ensuring fantastic opportunities to increase the market revenue, size and scope of the business.

Market / Competition / Non-Competition Agreements
Website, repeat business and customer referral.