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It Network Cabling And Infrastructure Company

Undisclosed West Midlands
IT Network Cabling and Infrastructure Company Ref.IU150 Location West Midlands Asking Price £275,000
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 46265
ADVERT IMPRESSIONS : 18,426 TIME(S)

 
BUSINESS SECTOR: Miscellaneous
TRADE TYPE: IT & Internet & Computing
SALE: Agent Sale

LEASEHOLD:

£275000
 

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BUSINESS DETAILS:

Business profile:
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This well known and respected company was established in 1997 and has developed an excellent reputation for delivering network and infrastructure solutions to their customer base all over the UK. These solutions include:-

• Fibre Optics applications
• Telephone systems
• CCTV etc.
• Project Management
• Test equipment
• Expert advice to support customers management and maintenance of systems.
• Network Expansion
• 1000+ Cat5e/Cat6 network expertise
• Voice/data integration to wireless LAN networks

The company has also developed a highly professional approach to the needs of their customers and their business. These extra measures include:-

• Their own training programme for staff
• Bespoke Software for work scheduling and management
• SAGE Accounts and Payroll
• All Engineers holding IPaf Licences and CS Cards
• Rapid response times

Circa 80% of their business has traditionally been sourced from large national companies, with circa 20% coming from direct sales and new enquiries. The company also provides full documentation for every installation, which includes:-

• Test Results
• Customer Information
• Site Drawings (with all outlets clearly marked)
• Component Warranty Certificates

As the company’s currently leased premises come up for lease renewal March 2011, this provides an excellent opportunity for a larger Midlands based company working in a similar industry sector to “bolt on” this company to their own and both expand their capacity in to possibly a new discipline, whilst amortising overheads by absorbing the business into a central base, along with all the other benefits of scale.

Equipment:

The company owns and operates an inventory of equipment, machinery and vehicles etc. in the daily smooth operation of its business.

All such inventory is expected to be included in a successful sales package.

Customer Service:

This company and its Principal have worked diligently end professionally throughout their lengthy history, to build and preserve an outstanding reputation with their client base, which has resulted in much third party referral business.

Key Strengths:

The key strengths of this company have already been mentioned, but include:-

• Their own training programme for staff
• Bespoke Software for work scheduling and management
• SAGE Accounts and Payroll
• All Engineers holding IPaf Licences and CS Cards
• Rapid response times

Key Opportunities:

The key opportunity here must surely be the opportunity for a larger player in this sector to bolt on this very well run business to their existing operation.

It is also worth mentioning that the current Principal would consider a period of retention under a new owner, if required.


Premises:

The company currently leases a circa 1,500 square foot Industrial Unit which is located on an Industrial Park of similar properties. The lease runs until March 2011 and this provides the new owner with a close breakpoint, if required, to enable any movement required as part of an overall new picture.

Business Hours:

Monday – Friday: 8.00am – 5.00pm Engineer Resource 24/7

Security:

The premises benefit from the fitment of an alarm system plus internal and external CCTV coverage.
Advertising and Marketing:

The company has developed and maintains an attractive and easy to navigate Internet 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.

Turnover for 2009/10 is circa: £500,000.
Employees:

The company employs 12 full time staff, including 2 Directors and 9 Engineers.
Support and Training:

Full support and any necessary training will be provided during handover as part of a successful sale package.
Reason for Sale:

Change of lifestyle.
   
  FOR SALE
   

REFERENCE:

IU150 / RightBiz
   
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ENQUIRIES:

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