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BUSINESS REFERENCE : AL079 / RightBiz AL079-RE-LOCATABLE-£192,000 -ONLINE AND WHOLESALER OF VEHICLE REAR VIEW AND REVERSING AIDS | | | | | | Online and Wholesaler of Vehicle Rear view and Reversing Aids Confidentially offered for sale Ref No: AL079 Location:Re-locatable Asking price £192,000 plus SAV | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Motor & Transport | | TRADE TYPE: | Garages | | SALE: | Agent Sale | FREEHOLD: | £192000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business was established in 1992 and entered the market to provide rear view electronic systems to the motor trade as well as private clients through their website.
Under Health and Safety law many heavy goods vehicles entering construction sites and all large moving equipment must be fitted with a rear view electronic system. The owner saw a niche in the marketplace and has built the business up to become profitable and well respected with an excellent reputation. Products include Rear View systems, Cameras, Monitors and parking sensors.
Over the past 15 years, the business has established a varied and extensive client’s base of loyal and satisfied customers. The majority of the business’s revenue is from word of mouth recommendation and Internet exposure.
Customer Service:
The business constantly remains up to date on industry changes and trends, advising their clients on these, saving the clients money and providing excellent advice and solutions to individual needs. At present the company supply to the motor trade, large commercial transport companies and companies that supply the military and UK airports.
Key Strengths:
This business has an excellent up to date stock holding, with strong working relationships with its suppliers. It has little competition and is fully re-locatable to anywhere in the UK.
Growth and Expansion:
This specialist product is a niche in the market, with fantastic opportunities to grow. The products are user friendly and effective, and the new owner has the scope to promote it worldwide, to ensure a rise in turnover.
Key Opportunities:
This is a perfect opportunity for a first time buyer wanting to buy an established, profitable business for expansion or a company presently in the business that wishes to expand by obtaining the businesses strong client base.
Employees:
The company is currently run by our client and his wife, with no additional employees.
Advertising and Marketing:
The company has a well established and easy to navigate website, with high quality digital images of all products, makes, models and prices. It also has an attractive company brochure, and undertakes a 2,500 direct mail out every year. All methods of advertising generate new clients and interest in this specialist product, increasing turnover and gross profit.
Premises:
Not Applicable -This business is fully re-locatable.
Business Hours:
Monday – Friday 9.30 am– 5.30 pm
Financial Information:
All financial discussions will take place between the vendor and all interested parties. Current turnover for last year was £240,000 with a gross profit of circa £120,000.
Reason for Sale:
This is a genuine retirement sale.
Support and Training
Full support, training and handover will be given to the successful purchaser. | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | AL079 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
