Asking price: £165,000

Sales revenue: £200k < 500k

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: £20,000

Business description
Established in 1988 the business has grown to be possibly the largest supplier to the UK Church market as well as a leading supplier to schools and corporate bodies throughout the United Kingdom.
We have a large active database of around 13,500 churches across the country, many of whom come back time and time again as their needs dictate.
Customer relations has always been a prime aim of the business which is why we achieve repeat sales so often. We provide a national consultation service to churches across the UK offering help and advice as well as quotations to prospective purchasers of new sound systems.
As well as our church based market we also have a retail outlet to local customers in Kent where we are the only retailer supplying exclusively sound equipment and associated products to the end user.
The business also has good relations with a range of leading suppliers of major brand named products in areas such as microphones/wireless microphones, amplifiers mixing desks, speaker cabinets and associated accessories.
All day to day sales and delivery operations are computerized and are designed to run super smoothly and customers are kept up to date with regular mail shots.
Our large comprehensive website is purpose designed and is another major source of income as is our regular e-news subscriber based e-mail service,
The supply to the UK church, school and corporate markets is completely re-locatable and could be run from any location in the country including a home based environment and although the whole operation is easy to manage, full training could be given.

Years established: 20 Years

Employees: Available on request

Trading hours: Currently 9am - 5pm Monday to Friday

Relocatable: This business can be relocated.

Living accomodation
N/A

Location
Business Park

Expansion potential
There is tremendous potential for expansion into the installation of sound equipment for churches and schools etc., as well as a major expansion of the core mail order section of the business. In addition to these potential sources for expansion there is also, depending on the future location of the business, the possibility of expanding over the counter retail sales. Along side this, there is potential for the sale of own branded products which is at present at an embryonic stage. Because of the nature of the business, opportunities for expansion of the mail order operation into supplying sound equipment and portable sound equipment to other sectors of the market place such as golf clubs and the wider leisure markets are easily achievable using direct mail and email avenues.

Competition / Market
This business in in a niche market and there is very little direct competition. As the business is mainly run on a mail order basis, and our customers are largely organizations, in unique situations, most of what we supply in based on our recommendations. This results in our customers coming to us for the service we provide and not just sales based on prices alone. A large proportion of our business is based on the confidence our customers have in us as a long established leading supplier in our market sector.

Support & training
Full support and training can be provided

Reasons for selling
Retirement