THIS BUSINESS IS NOW UNDER OFFER

Lighting and Sound Manufacturer with ISO9001. South UK

Undisclosed

Status

UNDER OFFER

Date Submitted:

11/05/21

Advert ID

276398

Reference

2648 / Rightbiz
Leasehold: £350,000

The company is a quality lighting systems and sound installation products manufacturer with a sound, profitable history and, with the right future management has ample capability and capacity to grow further.

With ISO 9001 and on the approved supplier list for all the major theatre industry consultancy and installation companies. Also supplying schools. colleges, universities, churches, auditoriums.

Products include:
- Lighting bars
- Audio panels
- Patching systems
- Lighting panels
- Dip traps
- 19in rack cabinets
- Power distribution units

For more details please enquire or download and return the NDA below.

Property: Leasehold

Location: Located on a busy trading estate with good HGV access and on-site parking.

Premises Details: A modern self-contained secure 8500sq ft (790sq M) unit with ample room for expansion. Access and parking are excellent. The upstairs offices could be sub-let to give an additional income source. Current rent is £47,000 PA and Rates £17,500. Income from sub-let potentially £10,000 - £12,000.

Reasons for selling:  To enable full retirement of the existing directors/shareholders. One is not working in the business, and the other is part-time but prepared to remain for a handover or longer consultancy.

Employees: 9

Support & training: The company has been set up to run with minimal input from the director, and a capable Business Manager deals with most day-to-day operations.  
The current MD is prepared to remain with the business in an advisory/non-executive capacity for a short period. He is also prepared to assist with the handover in any way.

 

Key Features
  • Fully Fitted
  • Retirement Sale
  • Prime Location
  • Company for Sale
  • Unique Business
  • With Car Park
  • Potential for Alternative Use
  • Established Business
  • Close to Local Amenities
  • Accounts Available
Contact Agent
Advert Reference:
2648 / Rightbiz
Particulars / More Information
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THIS BUSINESS IS NOW UNDER OFFER
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