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BUSINESS REFERENCE : IZ006 / RightBiz NORTH WEST - £99,500 - WALLCOVERING & PATTERN BOOK DISPLAY MANUFACTURER | | | | | | Wallcovering & Pattern Book Display Manufacturer Confidentially offered for sale Ref No:IZ006 Location: North West Asking price £99,500 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Joinery & Building | | SALE: | Agent Sale | LEASEHOLD: | £99500 | | | | | | | | | | | BUSINESS DETAILS: | Based in the North West this unique and creative company has successfully established itself within the market as a highly regarded and reputable manufacturer and supplier of wallpaper and wall coverings display units and sample books to the trade. The company has built up excellent relationships with many of the wall covering manufacturers direct and these organisations, both large and small, provide the company with a steady stream of work to help promote their new designs and product lines as and when they are made available. These pattern books are required both in house and also by the various distribution partners each manufacturer works with so represent significant business.
This niche company has been successfully trading for over 7 years and continues to grow. All manufacturing is carried out within the business using many of the more traditional methods of binding and finishing from cutting and gluing right through to screen printing and final assembly. The business owns all the plant and equipment and this is included within the sale.
With a remit of supplying quality presentation at an economical cost the company has quickly grown into one of the U.K.'s leading sample book manufacturers with a reputation based on loyalty, flexibility, speed of response and integrity.
The business works to clients’s exact requirements and will manufacture in big or small quantities and will also assist with presentation designs if so required. Competition is limited and the company is ideally positioned for future growth.
Equipment:
The business owns various items of plant and equipment to aid in the production process. These items include a semi-automatic 52” guillotine, a cutting machine, a Swift gluing machine, and a screen printing machine.
Customer Service:
The business considers simply that satisfied customers come back and on this basis has maintained levels of product and service quality intended to best guarantee this satisfaction. The results of this commitment are evident in the degree of return custom and the high level of repeat business the company enjoys.
Growth and Expansion:
The company has grown to date without any real sales or marketing activity. The company infrastructure is such that it could easily accommodate increased levels of business without having the need to significantly alter its current set up.
Key Strengths:
The company can proudly boast the fact that it supports a wide range of national and international customers including many top brand names within the decorative interiors and furnishing industry.
This business has achieved a recognised name through supplying an exciting product range to an increasing and loyal customer base that is growing stronger by the day.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. This business is the ideal resource for in-demand products for which the market outlook is excellent.
Key Opportunities:
Operating within a specialist design and manufacturing market means very limited competition.
As a listed supplier to some major national wall covering suppliers, growth is assured by maintaining the present ability to deliver. 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.
There is no reason why the company's product portfolio should not grow in the future, in line with its customers requirements, which will offer many further opportunities. The company's own product range could be further developed to provide new revenue streams that complement the existing range.
Employees:
The operation is currently run by the three co-owners of the business.
Advertising and Marketing:
The business has used no advertising in the past and there are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors.
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue.
The business could also benefit from having a website as to date it does not have an internet presence.
Premises:
The business is located within an old mill. The premises are rented and comprise a small office of approx 150 square feet with a production/storage area of circa 2500 square feet. The warehouse has excellent storage racking with room for expansion. The site has excellent parking and good accessibility. The location is close to the town centre with good accesss to all major routes. All services are connected to the building as you would expect.
Business Hours:
09.00- 17.00 Monday to Friday
Security:
The building is alarmed and secure.
Financial Information:
The business has low overheads and a solid client base. Rental is £440/month including rates. Current turnover is circa £150,000, Gross Profit consistently in excess of £100,000 p.a. The business is being offered for sale on an ongoing concern basis. All financial discussions will take place directly between the vendor and any interested party under the auspices of Turner Butler.
Reason for Sale:
The current owners with to pursue new business interests.
Support and Training:
The owners will fully assist with hand over and training | | | | | | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | IZ006 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
