Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Nationwide Signage & Festive Display Contractor Design, Manufacture And Installation
LISTING DETAILS
Firms For Sale ID:
28831
Vendor reference:
CA076
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£450,000
Turnover / revenue:
£800,000
Net profit / cashflow:
£100,000
Number of employees:
11
OTHER DETAILS
Reason for selling:
After years of working in the industry the owner has decided to pursue other opportunities and believes this would be a perfect time for new owners to take the business to a new level.
Support and training:
The vendor would be happy to help with a smooth transfer of the business in any way possible.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The company runs from two leasehold units, one in the North of England and the other in Essex. The northern base acts as the head office with two adjoining industrial units which are used for print, production, offices and storage. The two units measure circa 2,900 square feet and circa 3,100 square feet respectively. The rental for each unit is circa £15,000 per annum.
The Essex base is a small secure industrial estate with a unit measuring circa 1,600 square feet, and is used for production, storage and office. The rental is circa £14,000 per annum.
BUSINESS DESCRIPTION
Nationwide Signage & Festive Display Contractor Design, Manufacture and Installation
Ref.CA076
Location Northern England & Essex
Asking Price £ 450,000
This is an excellent opportunity to aquire one of the UK’s fastest growing and successful national retail and commercial signage contractors, a trade marked and well regognised brand, who have a secondary income stream from Christmas decoration hire & installation. Both parts of the busines complement each other and work easily side by side with a number of complimentary similarities.
The signage contractor prides itself on being a one stop shop for their customers. They design, manufacture and install a wide range of signage varying in size from internal point of sale, estate signs, illuminated signs exhibition stands and fleet vehicle graphics. The company have successfully completed projects in over 150 towns and cities throughout the UK and are continuing to expand their database of customers, some of which are “Blue Chip”. Much of the growth in the past few years has come from corporate sales and this is an area which continues to flourish.
The Christmas decoration hire is high margin work with the company providing corporate customers, shopping centres and hotels with all of their requirements for the festive season both indoors and outdoors. The decorations include varying sizes of artificially decorated trees, wreaths & atrium schemes, which can be assembled in corporate colours, animals including polar bears and reindeers and other display material and lighting. The company owns wide inventory of christmas decorations which are included in the asset register.
This national company has two bases, one in the North of England and a second in Essex. They also have a small fleet of vans which are fully kitted out as “mobile sign making units” equipped with computer and sign manufacturing plotters, ladders and tools etc. allowing them to manufacture a wide range of signs on site.
Expansion Potential
The company have been very active in tendering for new business, and widening their offering during a period which has seen many other companies in their sector struggling. This has helped the company to not only maintain their turnover and profits but to increase during the recession. This years forecast is for double digit growth is on target, and plans are already being made to continue the success over the coming years.