Design And Manufacture Of Gaming Tables And Accessories Hertfordshire Relocatable | | Undisclosed Hertfordshire | | HERTFORDSHIRE - RE LOCATABLE DESIGN & MANUFACTURER OF GAMING TABLES & ACCESSORIES Located in Herts but re locatable throughout the UK Specialist design & MFR of gaming tables for the casino and leisure market A/T: £181,000 GP: 49% Substantial quanitity of CNC woodworking equipment, spray booth and sundry tooling included Excellent website - Plenty of market niches to exploit Scope to acquire profitable business with potential ASKING PRICE: £159,950 +SAV REF: 9650SG | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 49791
ADVERT IMPRESSIONS : 18,908 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Design Agencies | | SALE: | Agent Sale | LEASEHOLD: | £159950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | • Currently trading from industrial unit and workshop in Hertfordshire
• Fully re-locatable throughout the UK
• Excellent links to M25 and London transport infrastructure
HISTORY
• Established by vendors in 1997
• Steady growth with careful development of the customer base
• Website introduced
• Excellent reputation now held within the industry
REASON FOR SALE
• Vendors wish to concentrate on alternative business interests
PRODUCTS
• Full range of gaming tables, including poker, roulette, craps and cards
• Tournament tables
• Personalised poker chips
• Roulette wheels
• Money and prize wheels
• Fun casino furniture and accessories
• Fun casino props and trophies
SERVICES
• Design and manufacture of bespoke tables to customer specifications
• Bespoke design service for all casino related gaming equipment and accessories
• Sourcing staff for fun casino events where required
CUSTOMERS
• Casinos and leisure clubs in the UK and overseas
• Private members clubs
• Companies running fun casino and corporate events
• Private individuals, often affluent
SUPPLIERS
• Traditional wholesalers for wood and sundry supplies
STAFF
• Two vendors
• One full time staff member in the workshop
• One part time financial and clerical support
TRADING HOURS
• Office hours Monday to Friday
• Weekends as contracts dictate
FINANCIALS
Turnover
2008 £181,711
2007 £178,731
• Gross profit margin consistently around 49%
• Reconstituted net profit has averaged £45,000 per annum over the last 2 years
• Highly consistent trading pattern
OVERHEADS
Staff £8,547pa
Gas/Electric £2,400pa
PREMISES AND EQUIPMENT
• A large two storey council industrial unit located on a farm
• Several sizeable workshops
• Fully equipped spray shop with full extraction
• Second storey showroom area
• Office
• CNC milling machine
• Band saw and cutter
• Compressors and CNC lathe
• 2 presses
• Sundry woodworking tools
• Diesel fork lift truck
• 51 Plate diesel Ford Transit
STRENGTHS
• Excellent reputation with customers
• Very well known within the industry
• Website
• Re-locatable
• Consistently profitable with sound financials
SCOPE
• Further expansion into lucrative marketplace
• Website development
• Direct involvement within fun gaming market
• Business development activity
• Sub-contacting elements of manufacturing process
• Increased focus on margins
VIEWINGS:
• A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises. | | | | | | FOR SALE | | | | | REFERENCE: | 9650SG / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
