| | Location Vehicles Business For The TV and Film Industry For Sale | | Seller ref: CF040
Advert ID: 803755 | | | Undisclosed, Hertfordshire, United Kingdom | |  | | Financials | |  | | Asking price: | £1,700,000 | | Sales revenue: | £1,122,766 |
| | | | Business description | | This business was established in 1991 and supplies location filming facility vehicles, with an entire fleet of custom-built location vehicles, all of which been specially designed for the TV & film industry, manufactured on site in the UK. The company has purpose-built premises with fully equipped workshops to maintain and expand its comprehensive range of vehicles.
The company currently has approximately £1,000,000 in asset stock consisting of 80 vehicles ranging from 6 x 3 position trailers, 5 x make up trailers, 5 x two position trailers, 7 x 3 O trailers, production offices, box camera trailer, 4 x Iveco Box’s, 3 x Honeywagons, camera slide out, production office slide out.
The business has an Instant Response Service Team on 24-hour standby, ready to immediately provide support as needed. All vehicles are continuously serviced, maintained and updated. The quality of the equipment is only half the story.
The company realise the importance of efficient and friendly staff. That's why all their drivers are properly trained, helpful, and willing to become part of the team.
Equipment:
The business uses Sage for all accounts and payroll.
Customer Service:
The business concentrates on customer satisfaction, and provides solutions that meet customer requirements, ensuring a reliable and friendly service. The motivated and highly skilled staff pays strong attention to detail and offer excellent value for money and reliability to its clients.
It is the policy of this business to provide high quality services on time and in accordance with the agreed client’s requirements. This quality policy is in line with organisational goals and expectation that revolve around the needs of customers.
Key Strengths:
The success of the business is based on the experience and dedication of its staff. The workforce prides themselves on their unsurpassed customer care, reliability and flexibility.
The business has established an excellent reputation within the film industry for exceeding expectations and meeting client's individual needs, ensuring that all consignments that are undertaken and promised are honoured.
Key Opportunities:
This firm maintains an extensive base of satisfied clientele, who appreciate superior service. There are many excellent avenues for growth, especially with additional staffing and adding more vehicles to the existing fleet.
There is excellent potential to expand the business by using more aggressive marketing and advertising, offering more commercial and overseas services.
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.
Annual turnover is circa £1,122,766, generating a gross profit of £195,000. The company currently has approximately £1,000,000 in asset stock consisting of 80 vehicles ranging from 6 x 3 position trailers, 5 x make up trailers, 5 x two position trailers, 7 x 3 O trailers, production offices, box camera trailer, 4 x Iveco Box’s, 3 x Honeywagons, camera slide out, production office slide out. |
| | | General information | | | Years established: | 1991 | | Employees: | The business is currently owner run with seven full time workshop and admin staff. The company also sub contract up to ten part time drivers on a needs lead basis. | | Trading hours: | The office hours are 9.00 am – 5.00pm Monday – Friday, but the location work hours vary depending on the country of filming and the length of the movie being filmed. |
| | | Property | | | | | Location | | | The business operates from freehold premises in Hertfordshire. The value of which is estimated at £2,000,000. Rates are charged additionally at £28,000 a year. The sale of the freehold will be made by separate negotiation to the business |
| | | Expansion potential | | | The current market for this business’s products is stable and is forecast in the longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. |
| | | Competition / Market | | | There are many opportunities to market the business further, and excellent scope to enhance the current website, enabling clients to browse the available services online as this is currently the only form of advertising the company undertakes.
The company does benefit highly from repeat custom, word of mouth recommendation and a company brochure. |
| | | Support & training | | | Full support and training will be provided to the successful purchaser. |
| | | Reasons for selling | | | The current owners intend to emigrate following the sale of the business. |
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