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BUSINESS REFERENCE : EH005 / RightBiz UK BASED, RELOCATABLE-£4,250,000 -MANUFACTURER & DISTRIBUTOR OF BEVERAGE EQUIPMENT | | | | | | Manufacturer & Distributor of Beverage Equipment Confidentially offered for sale Ref No: EH005 Location: UK Based, Relocatable Asking Price: £4,250,000 Turnover £2,200,000 Gross Profit £1.035Million Net Profit £367,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Manufacturing | | TRADE TYPE: | Food & Drink Manufacturing | | SALE: | Agent Sale | LEASEHOLD: | £4250000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
Occasionally buinesses come along for sale that have made major contributions to their particular industry. This is the case with this company. Their brand is a famous one, within the beverage industry, and as such commands the respect from all of the countries major drinks manufacturers. Patents, design rights and trade marks are held on a number of differing products, reaffirming the position of the company as the leading supplier to the trade.
This is a business, which has been built up over the past 30 years, and has been driven forward by the current owners since the early 90’s. Their customer data base lists all of the major UK brewers and a growing number of export partners, with healthy supply and maintenance contracts in place.
Their principal services are providing the finest quality beer dispensing equipment available on the market. From design to manufacture to production to service and repair, the company offer a full turnkey solution to beer dispensing. The product is precision engineered, with only the finest materials available used.
The company back up their reputation with continuos training days for their brewing partners employees, and also have a free phone service line for their customers. They also re-furbish tired equipment in their well equiped workshop on a regular basis.
Equipment:
All the machinery and equipment is part of the asking price for the business, and includes;
· Buffing machines
· Extractor fans
· All tools
· Stock/Parts
· Fixtures & Fittings
· All office furniture and equipment .
· Computer system
· Rented and leased vehicles
All intellectual property including, patents, trade marks, design rights, drawings and plans.
Key Strengths:
The company produces and supplies the finest product available on the market with an after sales service which is second to none. The reputation of the company is faultless and because of this their product can be seen in the majority of pubs and clubs throughout the UK.
They supply all of the major brewers and the majority of the other small brewers in the UK. They have long term contracts with many of their customers, to provide not only their product, but their servicing and repair facility.
The company turnover has shown double digit growth over the past 3 years and the forecast is for another year of comparative growth with new contracts being secured all the time.
Growth, Expansion and Opportunity
The company is in the process of developing new ,bespoke equipment for new projects. These include the development of condensating fonts.
The current owner has suggested that there is a growing market for supplying bespoke designed equipment , something that the company is pursuing at present..
Whilst three years ago, the premises were ideal for the volume of work the business handled, they have subsequently become rather stretched, with the increase in work load. Because of this situation, there has also been a small amount of sub contracted work placed.
With new investment into the company and larger premises, the business can grow to another level, taking on further new contracts whilst increasing the level of service and products that can be supplied to the trade.
Employees:
Apart from the Managing Director, there are 18 other employees within the company
Advertising and Marketing:
Most of the business comes in from repeat customers and word of mouth recommendation.
The company exhibits at annual shows for the beverage industry.
They have an up to date website, which is regularly updated and also have leaflets and brochures for mail out purposes.
Premises:
Leasehold, circa 8,000 sq.ft modern factory on two floors on a modern industrial park. First floor factory used for assembly, manufacture and storage.
The second floor is used as offices, boardroom and training room/testing area.
Rental is circa £45,000 per annum with lease up to 2015, with an option to release, if required, in 2011. There is space above the factory to put a mezzanine floor for use as storage and there are other premises nearby within the industrial park.
Business Hours:
8.00am – 5.30pm
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.
Turnover £2,200,000
Gross Profit £1.035Million
Net Profit £367,000
*Turnover has increased circa 45% in the past two years
Reason for Sale:
The owner would like to pursue other business opportunities.
Support and Training:
The current owner would be keen to help. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | EH005 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
