business for sale

Established Promotional & Marketing Incentives Products

Businesses for Sale

Sale Memorandum

Established Promotional
& Marketing Incentives Products


Ref.CA027

Location Surrey

Asking Price £280,000

Confidential offered for sale


Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA
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Asking Price Includes
Reputation for honesty, reliability and responsibility
Successful range of products
Completely re-locatable business
Sales of circa £300,000 per annum
9 years of successful operations
Un patented technical know-how
Trusted and respected name
Excellent opportunity to grow
Excellent profit margins
Established client base
Training and handover
Company Website
Computer system
Goodwill

Business profile:

This business was founded in 1996 by the vendor and has grown since to become a significant enterprise with a reputation for the quality of its products and service, its honesty and reliability.

The business offers a comprehensive range of promotional and marketing incentives products for its customers’ promotional and marketing needs. The customers range from every industrial sector and operations are in place to meet customer needs for productivity, delivery and high quality standards.

The business operates from a prime location in Surrey and prides itself on its ability to meet the largest of customer orders and to also be small enough to offer a personal service and dedicated contact responsible for ensuring that deadlines are met. The business has the technical capacity to increase customer orders and activity, since this business is run for the benefit of the vendor who chooses to manage this controlled level of turnover within current operations.
For 9 years, the company has been offering its customers a comprehensive range of specialised products to a loyal and long term customer base.
The business is further supported by exemplary relations with personally vetted, key suppliers who have helped to ensure that delivery is never compromised and that customers are never let down. This commitment to supply chain relationships combined with significant industry knowledge has underpinned this business’s abilities in customer service and forms a part of its growing reputation.
With the benefit of comprehensive product portfolio and highly effective sales and management the best quality products through all business areas has been maintained; the business has as a result also maintained significant control over costs in a demanding market.

Customer Service

The business manages many customers in any normal week and has the systems, processes and people to ensure that both supply and customers’ orders are satisfied. The most important aspects of customer management and satisfaction considered by the business, are flexibility and reliability leading to problem solving and is responsible for the business retaining many of its customers over the long term.

Key strengths
The business is an organisation where the business owner has, over time developed and nurtured business and customer relationships founded on trading satisfaction and therefore is completely re-locatable to any part of the UK and capable of operation under any new management.

The business is well established and very profitable with sustained margins, and a strong, growing customer base, happy with the high quality value products. The business retains a high level of repeat custom, particularly among a number of customers returning on a regular basis and having done so for many years.
The company has earned an outstanding reputation for its honesty, service, reliability, efficient job completions, excellent quality work, ability to deliver multiple products, cost control and highly skilled, experienced staff.
Key opportunities

This is an opportunity to build on the existing products, services and customer base of this company. With a strong demand combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.
This firm maintains an extensive base of satisfied customers, who appreciate the company’s products and service. There are many excellent avenues for growth, especially with operations capacity, an investment in marketing & sales and market forecasts which are showing trends for growth and development.

Technology

Added to the investment in production technology, administrative and specific technical systems have been set up to provide the technology required for a modern and efficient business.
Premises
The business is located in an easily accessible area in Surrey with its many key road transport arteries and proximity to two of London’s international airports.
Advertising and marketing

The business has used limited advertising in the past and there are excellent opportunities to increase this in line with investment in marketing and sales to new markets and market the business more aggressively to significantly increase turnover.

The business has a subscription arrangement with a comprehensive website developed by one of the business’s key suppliers that illustrates many of their products in a complete fashion and includes a client secure area.
A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and has been used until now as a means of vetting suitable customers.
Growth and Expansion

The current market for this business is growing and is forecast in the near and longer term for further growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Business operations are not at maximum capacity and there remains considerable scope for an increase in production, turnover and profit simply by gearing operations in line with current market demand.
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, enjoys a strong order Book, good gross and net profit and has shown consistent growth over 9 years trading.
Sales revenue is circa £300,000 per annum and our client feels that with amendments to operations capacity and the investment in marketing, combined with an increase in market demand the business could dramatically increase its revenues.
Employees
The business employs the vendor who is responsible for day to day business operations.
Support and training
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Reason for sale
The business is for sale as result of the vendor’s wish to follow other areas of interest
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

Next steps

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