Manufacture & Sales of Air Compressors Business For Sale

Business description

This well known manufacturer and retailer of air compressors was founded by the current owners in 1982. Since that time it has developed to be recognised as the air compressor specialist of choice in its locale, a busy part of North London, and further afield.

Operating from excellent light industrial premises, the company assembles the compressor systems and then sells them directly and through a network of dealers. To avoid ‘brand confusion’ those sold directly trade under a different brand name to those sold through the dealer network. The breakdown of direct and dealer sales is circa 50/50.

A range of circa thirty standard models are manufactured of varying capacities, with the full bills of material of each model being held on computer. Compressors are either electric or petrol motor driven: electric models are of either single or three phase electricity.

Property information

Location:

The business operates from excellent light industrial premises of circa 2,000 square feet. The current lease expires in 2012. The passing rent is £6,850 per annum: business rates are circa £2,600 per annum. The landlord is the local authority and will look favourably to the renewal of the lease in due course.

Other information

Expansion potential:

Investment funding for the recruitment of a dedicated sales team, initially modest in size, would be of great benefit and would drive an immediate increase in sales. Similarly, an increase in marketing activity would create greater awareness of the business and the products sold.

Competition / Market:

In the past some advertising has been placed in Yellow Pages™ and Thomson Local™. The business has now reached the stage where the development and execution of a strategic marketing plan addressing all media activities, including the establishment of a website, would be most beneficial.

Support & training:

A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership.

Reasons for selling:

This is a genuine retirement sale. A stage has been reached where the owner wishes to retire and is offering the business for sale not only as an organically expanding going concern but with further significant growth potential.