| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 4,550 TIME(S)
BUSINESS REFERENCE : GJ017 / RightBiz GJ017 -HEREFORDSHIRE-£ 410,000-PORTABLE AIR CONDITIONING AND HEATING HIRE COMPANY | | | | | | Portable Air Conditioning and Heating Hire Company Ref.GJ017 Location Herefordshire Asking Price £ 410,000 | | | BUSINESS LOCATION: | Undisclosed Herefordshire UNITED KINGDOM | | BUSINESS SECTOR: | Manufacturing | | TRADE TYPE: | Electrical Manufacturing | | SALE: | Agent Sale | LEASEHOLD: | £410000 | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
This business started trading in 2003 and was established by its managing director who brought with him years of experience in the same market place. Because of this background and its geographical location the company quickly established itself as the leading suppliers of portable air conditioning units and heaters in an area covering an eighty-mile radius from its base.
The operation sells and hires its units to a broad range of clients that includes racecourses, marquee companies, factories and commercial premises.
Equipment:
The equipment comes from a variety of UK based importers and suppliers. Every item is fully serviced after each and every hire. Prior to delivery it is fully tested and all electrics are checked.
Customer Service:
Attention to detail pays dividends and helps create customer loyalty. Upon delivery the unit is demonstrated and training given to the operative where necessary. A delivery / satisfaction note is signed and invoices are sent out monthly.
Key Strengths:
High net profit
Low overheads
Little competition
Quality multi skilled staff
Growth and Expansion:
This business model would be easy to replicate in selected areas across the UK. The majority of the major players have all established depots in key city centres where the overheads are high and the margins reduced by competition.
Premises:
The business is located on a small business park near the centre of a well-known and highly desirable rural town. The unit covers a total area of circa 1250 sq ft that includes a distribution warehouse with mezzanine and service area, a staff kitchen and an office. There is ample parking.
The lease is renewable on an annual basis and presently costs £9600 per annum
Advertising and Marketing:
The business does not advertise its services apart from having a website.
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. This is a highly profitable business in a growth market sector. Turnover is in the region of £280,000 with net profits being around £117,000.
Employees:
Two directors
One general manager and administrator
One driver, engineer and administrator.
The directors have specifically trained the staff to carry out every aspect of the business.
Support and Training
It is anticipated that the staff will stay and continue to play key roles in the day to day running of the business. The director will be willing to complete a handover period for a timeframe to be agreed as part of the sales negotiations.
Reason for Sale:
The director has commercial interests overseas and wishes to spend more time abroad with his family. | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GJ017 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
