Summary
- Asking price:
-
£1m < 5m
- Sales revenue:
- £4,000,000
- Net profit:
- £250k < 500k
- Years established:
- 6 years
- Employees:
- 6 directors and 16 employees
- Relocatable:
- This business can be relocated.
Business description
This Company is an Independent Designer and Manufacturer of well known MultiMedia Terminals and Digital Juke Boxes Based in the UK. This forward thinking multi-media company, has built its reputation and market position in the design and manufacture of multi media terminals for the leisure industry sector in the UK. The business employs a multiskilled team of design professionals, based in the Midlands, offering a fresh, innovative approach to a wide variety of design and modern media projects with specialists in the fields of product design, engineering, gaming and entertainment.
Property information
- Property:
- Leasehold
- Lease terms:
- The unit is subject to an 8 year lease with 4 year break which was originally signed in September 2006, and rental is set at £45k and £17k current rates.
- Location:
- This multi-media business is currently based in premises on a busy industrial estate with close proximity to the motorway network.
Other information
- Expansion potential:
- The current leasehold building housing this multi media design company could accommodate increased through put in production. The business at present operates as a tier 2 supplier through two main distribution outlets in the UK, but at present is looking to increase its distribution network further. Strategy is also to approach software houses as a tier one supplier and other manufacturers of multi-media swp products.
- Competition / Market:
- The business is in competition with other gaming cabinet designers in the industry, as well as other software houses for the swp leisure sector.
- Support & training:
- The owners would happily spend the necessary time with any purchaser of the business, to ensure a successful handover as needed. All directors would be happy to offer their services as consultants if required.
- Reasons for selling:
- The board's reason for selling is due to the company's success in moving from a niche market to a mainstream supplier
- Trading hours:
- Monday to Friday, 9am to 5pm
- Financing available:
- We can put you in touch with our expert financial contacts should you require this
- Related documents:
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