Winching Systems Design Assembly And Installations Business Now Sold Stc | | Lichfield Staffordshire | | This business was established 17 years ago by the present owner who now wishes to retire. It has gained a leading position in the market for design, assembly and installation of specialised raising and lowering equipment for, principally, lighting systems. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 59972
ADVERT IMPRESSIONS : 10,298 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Building Services | | SALE: | Agent Sale | LEASEHOLD: | £195000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | This business was established 17 years ago by the present owner who now wishes to retire. It has gained a leading position in the market for design, assembly and installation of specialised raising and lowering equipment for, principally, lighting systems. Both manually and electrically operated winch systems are supplied capable of lifting loads of up to 560kgs. The central component, which provides the electrical connection to and locks and releases the lighting system, is of a unique design.
The customer list includes many of the great, historic buildings of Britain including The Royal Palaces, Museums and Galleries. In addition, the Company installs its systems in hotels, sports arenas and flag-ship high street stores. With ever-increasing health & safety regulations there is also demand for lowering and raising systems in more mundane office and factory environments.
The Company has 4 employees in addition to the owner and his wife and its offices and a small assembly facility are located rurally in the West Midlands. It is expected that the new owner will wish to relocate the business.
Following 2 difficult trading years, the business is now emerging from recession and in the year to May 2011 sales are expected to reach around £400k producing a gross margin of between 37.5% and 40.0% and an Operating Profit of around £50k. The company expects sales in 2011/12 to be at about the same level. At present there is no active marketing but the business typically has an order book of 6 to 8 weeks.
The Guide Price for this business is £195,000 for 100% of the shares on a ‘debt-free, cash-free’ basis. The owner wishes to retire in Spring 2012 but he is prepared to stay on, after this, on a part-time basis, if required. This Company will be of interest to individual entrepreneurs and companies within the facilities maintenance sector. At present, nearly all manufacturing is out-sourced, providing a significant margin opportunity for manufacturers. | | | | | | FOR SALE | | | | | REFERENCE: | ASCFL/WIN / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
