Manufacture And Supply Of PVC Covers For Boats For Sale

Business description

Manufacture and Supply of PVC Covers for Boats, Trucks etc, plus Supplier of Promotional Banners, Signs, Flag Poles and Accessories

Established 25 years, this family business manufactures and supplies pvc covers for boats, trucks etc, plus supplying quality promotional banners, signs, flag poles and accessories.

This is a good opportunity to aquire a profitable business with a range of products that is continually growing in order to meet the needs of its clients. The range of products includes quality promotional PVC coated nylon banners for use at leisure and sporting events, festivals, country shows, trade fairs exhibitions and promotions.

Highly versatile the business manufactures and supplies indoor, outdoor, permanent and temporary signs using the company’s computer cut lettering system, signs can be provided up to almost any size required. Vehicle signage for cars, vans and side curtains on large trucks are also part of the variety of products..

There is a vast choice of product designs, the majority of which are produced to the customers specific requirements, with no job too large or too small.

The business is well established and has a repeat customer base who regularly employ the services of the company, some of which work exclusively with them for all of their needs. They are also the agency for a Spanish flag pole company and believe other agencies could also be obtained.

The business runs with a small team of staff who look after the administration, design, sales and production of the work.

Customer Service:

Customer service is paramount to the success of this business. Reputations are built and lost on how good the team are at customer care and they pride themselves on making life as trouble free and simple as possible for their clients. The company ensures that all designs and specifications are confirmed with their customers before production commences.

All of the team are fully trained and knowledgeable giving sound advice to their customers of the best solution regarding their needs and budgets. Wherever possible this advice and guidance is handed out to customers with the sole aim of achieving positive results. The vast experience of the company ensures that they can work with even the most demanding and difficult of customers.

Key Strengths:

The business has been developed in such a way so that it can cater for the most demanding of clients. The experience that has been gained over the years gives the company the flexibility to produce a wide variety of products. This has earned the business a reputation which has been achieved by supplying excellent quality products with a first class service and their processes have been developed and perfected their over the years

The company has grown steadily and has a wide ranging customer database. It is well run with good cash flow and no bad debt. They have an expertise and knowledge second to none in all forms of this niche market. There is excellent scope for growth within the company.

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.

Turnover for 2009 circa €250,000. The vendor feels there is potential for the turnover to be doubled.

Property information

Real Estate:

Real Property Included

Location:

Central location with room to expand. The premises are two units circa 5,000 sq ft in total on an industrial site and comprising of offices with toilet facilities.

The premises have a security hut on site

The vendor owns the freehold of the property that is valued at circa €250-300,000 and are included in the asking price fro the business. Alternatively the vendor will lease the premises to the successful purchaser at a rate to be negotiated.

Business Operation

Expansion potential:

The business is very profitable with low overheads, runs smoothly and has grown consistently over the years.There is an excellent opportunity for new owners to grow the business, simply by building on the successful formula that the owner and his team have put together. We have been informed that grants are available to buy new machinery and therefore enable to business to take on extra work. There is great potential to develop due to the specialised work and the possibility to include the erection of flag poles into the company’s range of services. With investment in a new sale rep there is potential to cover up to 32 counties.

Competition / Market:

Whilst the majority of their business comes from word of mouth recommendation and from their existing client base. The company advertises in their local press and in a number of periodical magazines. The is a company website featuring the products and services offered by the company.

Reasons for selling:

Retirement.

Trading hours:

Monday – Friday: 9am – 5:30 pm or by appointment

Employees:

Family business employing the owner his wife and daughter 1 Bookkeeper 2 production employees

Other information

Support & training:

The owners would be happy to help out with training and support for the new owners to ensure a smooth transition of ownership.