Electronics Design and Manufacture Business For Sale

Business description

This family owned business was founded in 1977 and has grown since inception to become an established UK company that specialises in bespoke electronic design, development and manufacture, particularly for 'non-electronic' companies who either use them in their products, or sell them on under their own brand name.

The company specialises in chemical analysers and controllers for various chemical processes, including electroless nickel plating. Their product range also includes industrial control timers, temperature controllers, current sense units, level controllers, fire display panels, flow meter totalisers, control equipment for the ground engineering equipment industry and gas leak detectors.

This company populates the circuit boards in their own workshop and is the only company in the U. K.manufacturing this type of chemical analysis equipment.

The equipment offers a complete turnkey solution, helping the manufacturing process, by analysing and measuring chemical components. Some chemical companies manually measure and calculate the raw materials, with the help of the control equipment, the process is automated, which keeps measurements constant and cuts out any reject production.

Components are kept in house, which allows for a quick turnaround for clients. All records, instructions and detailed diagrams, including many hundreds of different drawings and assemblies relating to over 150 different products are kept on file enabling easy access to details of clients bespoke control equipment.

The company runs on a low overhead basis and is extremly profitable,with high margins on their equipment.

The business would need to be re-located and would make and ideal add-on business for a current electronic manufacturer.

Equipment

The business has a CAD design system and fully computerised stock control and bill of materials system for a fast efficient service. The PCBs designed into the products cover all types; single sided, multilayer and surface mount, and the PCB assembly is all done by hand by skilled personnel.

Specialised testing equipment and tools used in the manufacture of circuit boards, plus the designs, plans, instructions and data are included in the sale of the business.

Property information

Location:

The business is fully re-locatable, premises are not included in the price of the sale.

Other information

Expansion potential:

This business maintains an extensive base of repeat clients, who appreciate the company’s superior service. There are excellent opportunities to increase the level of business. The company has invested limited money on marketing themselves apart from the company website. The majority of their business comes in from word of mouth recommendations. A large number of companies still manually analyse their chemical usage and these companies could be a potential source of further profits for the business if targeted on a specific marketing campaign. There is also a huge export market which has been neglected. The products would easily be transferable to the European Market, America and the Far East.

Competition / Market:

The company has never needed to advertise its products and services. To date the business has relied upon the quality of it products; and success has been achieved through word of mouth recommendations and repeat business. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and the practice regards its existing clients as its best advertisers and maintains an impressive base of repeat clients, whilst continuing to attract new referrals. The business has an excellent and informative website which showcases the business and gives detailed information on the goods supplied.

Reasons for selling:

The owner and his wife are approaching retirement age. They are happy to support a new owner of the business by providing support and training for a negotiated period of time. The vendors are keen that the integrity of their equipment will be retained following the years of building up their business and reputation.

Contact the seller