Asking price: £229,000

Sales revenue: £300,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This dynamic business has grown steadily and gained an enviable reputation for Exhibition stand manufacture, sales and rental, able to create memorable, effective and price competitive solutions.

Established in 1989, offering a full support service to exhibitors across the country this business is at the forefront of design, build and installation to health and safety standards.

Able to undertake projects of all sizes, this business aims to give something extra. Whether it’s in time given at the inception of a build design to achieve the right solution, or the commitment shown during implementation, this company always seeks to satisfy. This business does everything possible to enhance their excellent reputation and to develop commitment to customers' needs. The company client list incorporates a wide range of trades and industries in both trade and public exhibitions, these clients provide excellent on going repeat business and referrals.

This business offers a bespoke stand concept that is individually styled using the client’s corporate colours and branding and their unique stand hire solution (which is often up to 20% less expensive than their competitors) remains highly profitable. Additionally, the company can offer graphic design and production, furniture hire, AV hire, platform hire, carpet contracting, below the line marketing and corporate gift and promotion products, all of which presents an ideal opportunity for cross selling through their own discounted cross hire scheme.

The company in house services include:

• Project management and construction.
• In house installation teams.
• Full graphic design.
• Full graphic production.
• Audio Visual and multimedia.
• Product literature, brochure and promotional item production.
• Website allocation for each client design and CD-ROM animation

Location
The business has for many years operated from well known historic 2 storey Freehold premises of circa 3,900 square feet. On the ground floor the premises house workshops and storage and on the 1st floor, offices and showrooms.

The premises are available Freehold at £249,000.

Expansion potential
Key Strengths: The business possesses the staff, skills, knowledge and experience to develop situation specific ideas and designs appropriate to individual clients needs. At the forefront of innovation, this company is proud of its excellent reputation for responsible practices and dedicated customer care, which is a result of the company’s ethical culture, skilled committed staff, and quality control over its products and services. Growth and Expansion: This company maintains an extensive base of satisfied clients who appreciate superior service at competitive rates. There are many excellent avenues for growth, especially with additional staffing and further promotion within the appropriate market sectors. There is an excellent opportunity to build on the existing base of this company. With strong and constant demand for the company services and the capacity to fulfil more orders the opportunity exists to double the present turnover. The business is perfectly poised for substantial further development by the implementation of a more pro-active approach to marketing and prospecting. A new owner would contribute fresh ideas and outside influence to build on the existing solid foundation. Key Opportunities: • Excellent growth opportunity to expand further into the international market • Opportunity to enhance revenue by further advertising • Additional technical staff would increase capacity extensively • Excellent foundation from which to build on. • The company has developed a database of 20,000 prospective clients. Quality Assurance The business supplies all its clients with an efficient and cost effective service for the design and supply of exhibition and display stands on time and within budget. The business’s services and exhibitions comply with all local legislation relevant to its activities including those of the Health and Safety Act. The business also operates a quality management system.

Competition / Market
Much of the business’s revenue is a result of word of mouth recommendations, bearing strong testimony to the excellent reputation enjoyed by the business. In addition to this, the business currently promotes itself via its website and of course the excellent exhibition stands themselves serve to promote the company. The business has used limited advertising in the past and an immense opportunity exists to build on this business’s reputation and implement further and more assertive methods of advertising to expose the business to even greater markets. Various methods could be used in this regard, including trade press advertising, a direst sales force, trade exhibitions, leaflets, brochures, direct mail or a telesales initiative. Additionally, the potential client database of over 20,000 exhibitors offers great potential.

Support & training
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading and may if required be prepared to provide ongoing support and guidance on a part time consultancy basis. This is a genuine "trade from day one" turn – key opportunity!

Reasons for selling
The Vendors have various other interests which make substantial demands upon their time and as a consequence of the unexpected ill health of one of the partners the Vendors have taken the decision to streamline and consolidate their various business interests.