Architectural Lighting Manufacturer For Sale

Business description

Well established and profitable manufacturer of Architectural Lighting with diversified customer base and strong export content.
Turnover is growing and pre-tax profit is rising in line.
Good core of repeat business and export potential is excellent.
Purpose built 30,000 sq ft factory with room for expansion

Property information

Property:

Leasehold

Lease terms:

Vendor owns the property. Proposed annual rental is £21,250.

Location:

The company is located on a quiet Industrial Estate close to the M5 and M42 which provide quick access to the M40 and M6

Other information

Expansion potential:

Massive Export potential in the Middle East. No active marketing is carried out and much business comes as repeat business or word of mouth

Competition / Market:

The company is very busy even though it has three competitors but the support and quality delivered by this company is superior to that given by its competitors

Support & training:

The Managing Director will work for two to three years as required to help develop the sales potential which has been identified. A further key worker is also prepared to make a similar commitment Any new hourly paid workers can be trained as required

Reasons for selling:

The Managing Director wishes to plan his retirement

Trading hours:

Monday to Thursday 8 30am to 5 30pm, Friday 8 30am to 4 15 pm.

Financing available:

Finance may be arranged for suitable Buyers by Transfer Solutions

Furniture / Fixtures value:

£53,000

Contact the seller

For more information about this business for sale, click the Contact Seller button.

Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.