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Asking price: £675,000
Sales revenue: £680,000
Net profit: £223,000
Business description: £680k Turnover. £223k Profits before Tax and Directors costs in 2007. Gross Profit margin 51/54% in last 3 years. Highly cash generative. 80% repeat business. Niche specialist quality Product designer and manufacturer.Long standing Customer base.Diversified Product applications.Considerable growth potential.Retirement Sale. 100% of company shares for a cash consideration. South of England.
Relocatable: This business can be relocated.
Property : Leasehold
Expansion potential: The founder/owners have built the company over many years to achieve a 40% market share in its current main market. The products are also sold into a range of other markets, which have considerable potential for further growth.
Support & training: A suitable handover period is fully available by mutual negotiation.
Reasons for selling: Retirement Sale