Freehold Sign Makers To Major Corporate Client Base For Sale

Business description

Over the past 100 years the company have invested in training, plant, machinery and key personnel to keep ahead of the competition and up to date with a changing technological world. With this investment the business are able to produce products of all specifications and types, on demand and importantly on time.

Unlike most other sign companies today, this business produces all of its products in-house. This is achieved through its diverse departmental breakdown, including amongst other silk screening, digital printing, vinyl cutting, carpentry, metal work, stove enamelling and a large routing department with two of the latest 3x2 meter CNC routing beds.

The company invests extensively in experience, with staff attending regular seminars and training days, ensuring they remain highly proficient with current techniques and technologies. Priding themselves in the knowledge that they have the skill base, technical know-how and manufacturing capabilities to produce a high quality product for each one of its customers, every time.

Equipment:

The business is fully computerised with Sage used for Accounts, Invoicing and Payroll.

Customer Service:

The business is fully committed to providing the very best service and the highest possible standard of work available. These levels of customer service are maintained through ongoing training and development and further backed up by the company’s impressive client retention.

To enhance their service reputation they work with clients closely, and are able to work with developers on short notice.

This business is a one-stop shop for its clients. They can provide every different type of sign required. These include illuminated or non-illuminated signs, point of sale material, modular signs and magnetic signs. The company has invested heavily on up to the minute technology and can produce high quality work including digital printing and flat cut lettering.

Key Strengths:

Because the company is able to offer a consistent high level of service and flexibility to its customers they have grown the business to its current size. Many times the company have been asked to produce quick turnaround jobs, and they have managed to fulfill the needs of their customer’s targets, by working around the clock.
With growing turnover and profits, the company has re-invested heavily in improving their own technology. This has enabled them to grow, and supply, a number of the UK’s most demanding Blue Chip companies including a major government sector and the metropolitan Police. There is a strong list of customers on their database, with a growing number of new, potential customers waiting in the wings

The business has now matured, with a strong team of managers and skilled workforce, who together, run a smooth and profitable company. They have a wealth of experience between them and this makes for a highly successful combination.

Key Opportunities:

The company runs smoothly from its current base, and there are many growth opportunities still to be developed within this highly lucrative commercial arena, in addition to their existing clients.

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Annual turnover is circa £1,400,000 for 2008/09. The gross profit of the business is £840,000 with a net profit of £341,000 and a net asset value of £75,000.

Property information

Property:

Freehold

Location:

The business operates from freehold premises in south east London, valued in the region of £475,000 - £500,000. Rates for the property cost £14,190 per year.

The property measures circa 7,500 square foot of workshop and offices, all fully operational with tools and CNC machines included in the sale price.

Other information

Expansion potential:

The company boasts a strong base of satisfied clients. The order book is always full, and there is no seasonal highs or lows for this type of business.

The current owner and his team have driven the company forward to its current size, but there is enormous potential to increase the order book and drive both the turnover and profits higher with further investment in the business.

Competition / Market:

This successful company does not use any formal advertising or marketing strategy, most new business is generated from client referrals and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation. The business does have an attractive and informative website detailing projects and services; along with a company brochure and some direct mailings.

Support & training:

Full support and training will be provided to the successful purchaser.

Reasons for selling:

This is a genuine retirement sale.

Trading hours:

7.00 am – 6.00 pm Monday – Friday.