Asking price: Undisclosed

Sales revenue: £500k - £1m

Net profit: 0 - £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
The business was formed approximately 30 years ago and designs and supplies technology based applications such as broadcast televisions, CCTV control rooms etc who require the housing of substantial amounts of electronic equipment with furniture systems. Many of the clients are overseas and as such the company has developed a modular range which decreases the lead times. Manufacturing of the equipment is outsourced. There are approx 1100 client accounts of which 275 have purchased from the company over the past two years.

Years established: approx 30

Employees: 3 staff

Relocatable: This business can be relocated.

Lease terms
The company operate from an office attached to the side of the vendors home and also occupy a 15,000 sq ft warehouse nearby.

Reasons for selling
retirement sale