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Business description
Established in the 1950’s and acquired by our clients in the early 1970’s, this business, a family firm, is one of the leading specialists in the installation, maintenance and repair of television/radio aerials and satellite equipment in the region.
This represents an excellent acquisition opportunity for an existing operator in the aerial installation sector to acquire a presence in the Sussex coast area or for a new entrant to enter the sector by acquiring a very well established, profitable business with an excellent reputation.
The business operates from very well suited premise on a secure, gated site, which measures 360 square metres. The premises comprise of a storage area to the front with an office/administrative area with additional storage to the rear. There is a mezzanine which incorporates an office and additional storage. The site with the capacity for vehicles to ‘drive thru’ has parking for up to ten vehicles with additional free street parking available as and when required.
The business is available with or without the premises and the premises are available on either a freehold or leasehold basis.
Property information
- Property:
- Freehold
- Location:
- East Sussex
- Premises details:
- The business operates from very well suited premise on a secure, gated site, which measures 360 square metres. The premises comprise of a storage area to the front with an office/administrative area with additional storage to the rear. There is a mezzanine which incorporates an office and additional storage. The site with the capacity for vehicles to ‘drive thru’ has parking for up to ten vehicles with additional free street parking available as and when required.
The business is available with or without the premises and the premises are available on either a freehold or leasehold basis.
Business Operation
- Expansion potential:
- Formerly operating as a retailer, there is every opportunity to re-instate the retail side of the business even possibly moving into web based sales of equipment. But perhaps the biggest opportunity for this business is the Government’s planned shutdown of analogue television transmissions with the move to all digital service, a change that is due to hit the local marketplace for this business in 2012. Consumer awareness of this very important change is growing now and already stimulating the market. This will generate a very high level of demand for new digital aerial upgrades and Freesat satellite receivers.
The recent launch of High Definition (HD) television is bringing the consumer the best picture and sound quality ever seen. As more and more channels move to HD, demand for HD Ready televisions, LCD or Plasma, will inevitably increase, along with the necessary upgrades to internal cabling and satellite receiving equipment. 3D television is a further development which will stimulate the market in the short to medium term.
The market for installing and upgrading digital communal aerial systems, typically in apartment buildings, is increasing rapidly with digital switchover imminent. The company is one of the few in this area with the expertise to design, install and commission communal aerial and satellite systems.
Further development could come from expanding the geographical area covered.