Exhibition Stand Manufacture, Sales & Rental
Ref.CA042 Location MidlandsAsking Price £ 249,000Confidential offered for sale | |
Asking price includes:
All necessary stock + large client based
Also available if required:
Freehold 3,900 sq ft Showroom, Workshop, Stores and Offices: £249,000. | | Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA | Business profile: | 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 | 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.
Technology
The business has invested extensively in technology, enabling clients to see their design produced using cutting-edge creativity, for which every concept is modelled, rendered and developed using the latest Computer Aided Design technology.
The business produces technical working drawings specific to each project for the client’s approval. In order to ensure a smooth presentation and exhibition, time is taken in allocating the area for electrical and telephone sockets, taking into consideration the best possible solution to keep the stand free of any unwanted obstacles.
Complimenting this, the business ensures cable management systems are in place on the stand. | | Premises:
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.
Security:
The premises are self contained and secure. | Advertising and Marketing:
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. | | | Financial profile: | The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with no borrowings, low overheads, positive cash flow, no debtors, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.
The current turnover is in excess of circa £300,000 per annum with a gross profit of circa £205,000. | Employees:
The business employs 1 Sales Manager and 1 installation fitter who together with the 2 vendors are responsible for the day to day operations of this profitable business. | Support and 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! | Reason for Sale:
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. | | Turner Butler Disclosure Statement: This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business') The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business. For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions. Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler. You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler. Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision. Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information. This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006 |
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