| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 50,007 TIME(S)
BUSINESS REFERENCE : CV027 / RightBiz CV027 -BIRMINGHAM-£ 175,000-AUDIO VISUAL SERVICE CENTRE | | | | | | Audio Visual Service Centre Ref.CV027 Location Birmingham Asking Price £ 175,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £175000 | | | | | | | | | | | BUSINESS DETAILS: | This dynamic and well managed business offers an exciting opportunity for a new owner to take an already successful long established business with rising year on year turnover to a new higher level. Established 33 years ago, the business has been grown organically with a strong family influence stemming from many years of experience in the industry.
The company offers a repair and service operation for brown goods, and it also enjoys the enviable position of being the recommended service centre for several major household name brands. The company offers a virtually unique package of services and their renowned personal service has led to the company enjoying a status of high recommendation and extensive word of mouth referrals.
Equipment:
The company owns an impressive array of test and repair equipment which has been regularly updated in line with new technologies and techniques.
Customer Service:
The owners of the company have successfully developed a good reputation for their levels of customer service. This, along with their constantly refreshed technical ability has been the reason for their acceptance for “recommended repair and service centre” for several of the major brands.
Key Strengths:
The company’s key strength has undoubtedly been their ability to stay in pace with the fast moving technological industry in which they are involved.
Growth and Expansion:
Although the business has been consistently profitable and indeed growing year on year, the owners feel that an injection of fresh enthusiasm and further new technology would unlock the door to even further growth and profitability.
Premises:
The company operates from two premises, one leasehold and one yearly rental industrial units, containing their workshops and offices. The units are in a small development of similar units just off a main frontage. The square footage is believed to be approximately 2,000, with rental value being approx. £10,000 per annum. The leases are believed to have 4 years remaining, with renewal being possible for new owners.
Business Hours:
Monday – Friday: 9.00am – 6.00pm
Advertising and Marketing:
The company has developed and maintained an Internet website, but has never felt the need to advertise due to the endorsements that they carry, which automatically bring work to the company. The current owners do feel however, that a new owner may wish to re-visit a fresh marketing campaign.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler
Employees:
The company currently employs 4 full time staff, all having employment terms and conditions. The owner’s son has grown under the guidance of his father in terms of managerial potential and technical ability. He has also expressed a willingness to stay on and further develop his career under a new owner.
Support and Training
All necessary support and training would be available during handover as part of a successful sale package.
Reason for Sale:
The owners have reached the point in life where some relaxation in semi-retirement would be welcome | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | CV027 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
