Asking price: £200,000

Sales revenue: £280,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This business, set up back in 2001, is an independent company specialising in all aspects of testing equipment. They supply a vast range of test & measurement products from PAT Testers to high voltage equipment. In addition to this the company also offers a comprehensive repair and calibration service programme.

The company is proud to supply all makes and models of Portable Appliance Testing and Installation Testing equipment from some of the worlds best known manufacturers, including Megger, Robin Seaward ,Martindale, Kewtech, Alphatek Kane, ETI and Transmille.

With their vast levels of knowledge and experience the business ensures clients get the right instrument for the job. The company also gives advice on which instruments comply with the latest regulations and keep customers fully up to speed with industry developments. Because of this the company is also able to provide the following range of products which it sources direct from leading manaufacturers.

• Multimeters
• Clampeters
• HV Testers
• Earth Testers
• Energy Analysers
• Cable Detectors
• Thermometers
• Data Loggers
• Microwave Leakage Detectors
• Light / Sound Level Meters
• Gas Detectors
• Combustion Analysers
• LAN Testers

It addition to the supply of products the business is able to offer a complete package for maintaining and logging customers equipment by offering all the top software packages enabling client’s to fulfil their record keeping obligations. This also includes help with installation, training and data transferal.

This is done by supplying a full range of high quality inspection & testing labels and barcodes for all applications including PAT testing and asset tracking. Labels can be produced in a variety of different materials and colours can even be produced to custom design if so required.

The business also offers a comprehensive calibration service for client’s instruments and tools including a truly nationwide collection and delivery service. For customers who cannot free their instruments for calibration during the working week the company offers an on-site calibration service where the instruments are calibrated on site on the same day as well as an out of hours weekend service.

As part of this programme the business notifies customers automatically when their instruments are due for calibration maximising revenue opportunities and ensuring complete customer satisfaction. When defects are found with equipment the company is able to carry out the necessary repairs.

Location
The business currently rents offices in a modern multi-occupancy building on a well known business park. It comprise 3 separate units, two being dedicated offices- general and sales(each one circa 450 square feet) with the third being a workshop (circa 450 square feet). Rent is £500 per month.

Expansion potential
Opportunities for growth would include the development of a proactive sales and marketing programme for NEW customers, especially within the South East as well as web based marketing to further encourage National growth. The market this business serves is vast and continues to grow. This business is ideally positioned to maximise such growth with the aid of some new business acumen and fresh approaches.

Competition / Market
The business has never felt the need to advertise in the past and there are excellent opportunities to increase this and market the business more aggressively. A large percentage of clients derive from recommendations and the business has surpassed growth expectations bearing testimony to the excellent reputation the business has earned since inception. The business has developed a highly informative website which allows for purchases of equipment securely online. In saying that, this still represents an area for development in the form of web marketing.

Support & training
The current owner will provide all necessary training and all relevant contacts to ensure a smooth transfer of the business.