- Businesses for sale
- Advert Details
- Advert ID: 692818
- (Seller ref: CH070)
Manufacturer of Award Winning Personal Attack Alarms Business For Sale
- Cambridgeshire, United Kingdom
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- Business description
- Turner Butler are delighted to be appointed as the sole selling agents for this exciting business opportunity, which has never been brought to the market for sale before.
This opportunity will appeal to an investor/marketer as, in our opinion, these are the only facets which require strengthening in this offering and, in doing so would release the true potential of a range of products widely accepted as the best in the market.
The company has been trading for some 26 years under the management, expertise and vision of its Managing Director, who has designed and assembled a comprehensive range of personal attack alarm products which cover the spectrum of the public’s requirements in the market, whilst meeting the sensitivity of price points.
The range of products is 13 strong, with some holding comprehensive patents and others being subject to design register. The products have received critical acclaim in consumer product review magazines and awards from other areas of the industry, thus providing a solid platform to drive forward in to bigger markets than are currently being supplied.
As these products were designed and manufactured by the company, they could be distributed and sold to all the worlds markets, and with correct investment and marketing, we believe this opportunity could be made to be very profitable indeed.
- General information
- Years established:1982
- Employees: The company currently employs 5 full time staff including the Managing Director.
- Trading hours: Monday – Friday: 9.00am – 5.00pm
- Property:Leasehold
- Lease terms:The Freehold of the building is held by the Managing Director who wishes to retain it. This will, however, allow the new owner to negotiate the terms of a new lease. We believe that annual rent will be set at approximately £15,000, with rates payable per annum being in the region of £6,000.
- Location:The company operates from fully serviced Factory/Warehouse/Office premises in an Industrial Estate of varying designed other buildings. Total square footage is believed to be circa 3200 square feet, with circa 800 square feet used for office purposes etc.
The Freehold of the building is held by the Managing Director who wishes to retain it. This will, however, allow the new owner to negotiate the terms of a new lease. We believe that annual rent will be set at approximately £15,000, with rates payable per annum being in the region of £6,000. - Expansion potential:Due to age and the wish for less workload the current Directors feel the time is right to attract new investment and drive to take the products on to a greater platform of public awareness, acceptance and greatly enhanced turnover and profitability.
- Competition / Market:The company has developed and maintained an Internet Website along with a range of product brochures
- Support & training:Full support and training will be undertaken during handover by the current Directors as part of a successful sale package.
- Reasons for selling:The Managing Director and driving force of the business, in respect to his age, feels that the time is now right to hand over the reigns of the business to a new owner with capital investment and fresh drive, who may well wish to benefit the company by retaining his services on a consultancy basis.