Specialist Granular Mineral Drying System Company Patent Granted Design | | Undisclosed Cheshire | | Specialist Granular Mineral Drying System Company (Patent Granted Design) Confidentially offered for sale Ref No: IM013 Location: Cheshire (easily relocatable) Asking price: £350,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 24558
ADVERT IMPRESSIONS : 33,136 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | ASKING PRICE: | £350,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This company, based in Cheshire has invented and developed a totally unique and specialised drying system capable of achieving accelerated moisture reduction in sand and similar material stockpiles, reducing gravity drainage time from a period of days or weeks to a matter of hours.
The patent granted system is the creation of the current owner who first devised the concept several years ago but has only recently put the system to the marketplace due to other business interests preventing the vendor from doing so earlier. The system now has been available since 2004 and has already been installed in some very high profile sites throughout the world.
Through its subsequent research and development work on accelerateed vacuum-assisted drainage the company has positioned itself in the market as a trusted producer of a totally unique cost-effective moisture reduction pumping system which is available in the form of a complete design and installation service package that can be tailored to suit most material producers’ requirements.
Not only does the system provide end users with huge improvements in their own operational efficeincy, it also provides them with huge energy savings by further reducing kiln drying times for finished product at the same time resolving company’s environmental issues by treating drainage water prior to it being released back into the environment. All these benefits make this unique, yet simple system, a very viable propostion to clients with pay back periods of under two years.
The company now has the expertise, knowledge and apparatus to carry out free simulated “drawdown” pumping tests on most materials to provide clients with specific data that will ensure the most efficient and suitable pumping installation is provided.
Equipment:
Test Rig that allows the company to carry out comprehensive and accurate tests on sample materials for particular sites/projects enabling the business to design and install suitable scale systems that will effectively dry the materials to the required level.
Customer Service:
The excellent customer service delivered is because the business fully understands the issues facing its clients and they have the expertise, knowledge and test systems to ensure they can comfortably meet their requirements 100%. This is done by offering tailored solutions that have already been proven at test stage giving the customer complete piece of mind that the system they are acquiring will provide them with increased productivity and efficiency, at the same time enabling considerable savings in terms of energy usage, not to mention the positive environmental effects.
Key Strengths:
The company is very well positioned for future success as there is no real competition for its services. The system it provides is of unique design (patent granted), simple and extremely effective. Not only does it save customers time and money by cutting drying times and fuel costs, it is also environmentally friendly. The profit margins the systems generate are very very impressive, as is the customer list this business boasts. It now has many high profile reference sites throughout the world which ensure future enquiries from very satisfied clients. The cost of the systems are very low in relation to the savings they provide for their clients.
The test rig the company has designed enables the business to demonstrate the systems benefit to customers prior to purchase which makes sales something of a formality.
This business has achieved a recognised name through supplying a highly effective solution to an increasing customer base that is growing stronger and broader daily. With its bespoke product offering, this Company is able to respond quickly and positively to client demands and over the years they have built up a reputation for honesty and integrity, and for being easy to deal with. The market outlook for the longer term is excellent.
Growth and Expansion:
As the company is relatively young and its product a purely global solution the opportunities for growth and expansion are endless. The owner has not been able to fully develop the business to date due to health reasons. The markets for this product and variants of it are vast. With further resource in terms of advertising and marketing this business could significantly increase is revenues over a short time frame.
Key Opportunities:
There are many opportunities to grow this business. Most clients have multiple sites throughout the world and a more strategic sales and marketing strategy would undoubtedly generate further sales and revenues for the business.
The opportunity to set up a network of agents/licensees throughout the world is a very real one and would give the business a real global presence.
As a listed supplier to some very reputable and large companies growth is assured by maintaining the present ability to deliver workable solutions.. The very fact that these Blue Chip Companies are part of the client bank opens the doors to many additional opportunities with other prospective customers.
Employees:
The business operation is currently run by the vendor and his wife on a part time basis. In addition to this the business has a pool of some 6 self employed staff who carry out test and installation work as and when required.
Advertising and Marketing:
The company currently undertakes some advertising in the main trade press magazine in its sector (Quarry Management Magazine) and also attends several exhibitions a year throughout Europe including the Quarrying Industries Exhibition. The company also has a website which could be further developed at minimal cost to increase company exposure and sales. It is understood that additional promotional work would lead to significant increases in sales revenues.
Premises:
There are no premises associated with the sale. The current owner runs the business from a home office environment. The business is fully re-locatable.
Business Hours:
As required.
Financial Information:
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.
The business has achieved sales in excess of £300,000 per annum for the previous years with impressive gross profits of circa £170,000 p.a. Sales figures for next year could be at least 500,000 and could be significantly greater. Net profits are equally impressive due to the low overheads and high profit margins this business enjoys. This business represents an ideal investment opportunity to acquire a company with a truly global product that is unique, an fully patented, environmentally friendly and cost effective to its clients. The potential for this business cannot be underestimated.
Reason for Sale:
The owner is selling the business for health reasons.
Support and Training
The current owners would be happy to provide full simple training and support at handover. The vendor is prepared to stay on for a further period as a consultant should a new owner so require and has outlined the type of involvement he is prepared to undertake in a “draft” restrictive covernant.
| | | | | | FOR SALE | | | | | REFERENCE: | IM013 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
