Specialist Design & Manufacture of Museum Displays
Presentation & preservation for museums and private collectors
Ref.CA035 Location OxfordshireAsking Price £ 400,000Confidential offered for sale | |
Asking Price Includes
Established and Highly Prized client base
Very attractive offices & workshop area
Reputation for quality and reliability
Sales of circa £ 260,000 per annum
Un patented technical know-how
20 years of successful operations
Excellent opportunity to grow
Successful range of products
Training and handover | | 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 business was founded in 1986 by the Vendors to provide a wide range of specially designed services for Museums and Private Collectors, including manufacture, supply and restoration of rare and valuable artefacts. It has grown since to become a significant and well respected enterprise with a reputation for the quality and variety of its products, flexibility and speed of service and reliability.
The business operates from a discrete rural location in Oxfordshire and has established itself as one of the country’s leading providers of bespoke and standard museum exhibition products in many materials with excellent margins and always to unparalleled standards of quality and workmanship.
Artisanship and its associated virtues are held in the highest esteem at this outstanding business, as is the commitment by all staff to the final product and client satisfaction.
Many current clients have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality products, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment, its product and materials portfolio and its methods of business, for example its unique expertise in the manufacture of acrylic products, ensuring that valued customers receive the very best service and quality of product.
Product areas
The business’s catalogue range is possibly one of the largest range of stock display items specially designed for Museums and Private Collectors with over 300 different models including picture hangers, gallery hanging systems, museum display systems, information displays, gallery display systems and art display systems.
Products are designed specifically for museum and high integrity environments and have been developed through close consultation with some of the worlds leading institutions including the Ashmolean and the Imperial War Museum.
The business manufactures in house, wall mounted and free standing cases in both acrylic and glass some with humidity control and UV protection, all made to the most highly specified and demanding standards. Plinths and columns made from acrylic, stone or wood are also available; as are custom made mounts and armatures for individual artefacts.
Restoration
Staff are experienced and trained in a comprehensive range of restoration skills and are accustomed to working with rare and valuable artefacts including: ceramics and pottery, paper and parchment, textiles and tapestry, statuary and stonework, leather and metal work. | Key strengths
The business is an autonomous organisation where the business owners have, over time developed and nurtured a team capable of overseeing business operations effectively, reducing the need for constant or daily input from the vendors. This has resulted in customer relations founded on a history of trading satisfaction and not contingent upon the presence of the vendor.
The business is well established and very profitable, with a loyal and growing customer base, retaining a high level of repeat business, 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 knowledge, professionalism, service, reliability, flexibility, efficient order fulfilment and a willingness to help.
Growth and Expansion
The current market for this business’s services is stable and is forecast in the near and longer term for growth. The business is well positioned to take maximum advantage of this growth as it occurs.
Key opportunities
This is an outstanding opportunity to build on the existing services and customer base of this company. With a strong demand for services combined with a capacity to increase turnover, a new owner contributing fresh ideas and investment in resources will have every advantage of building on an excellent platform.
This firm maintains an extensive base of satisfied customers, who appreciate the company’s superior services. There are many excellent avenues for growth, especially with marketing investment and forecasts which are showing early trends for growth and development.
Technology
Specialised and administrative systems have been implemented to provide the required technology for a modern and efficient business including a fully equipped manufactory able to produce all bespoke requirements to the highest standards any where in the world. | | Premises
The business is located in an easily accessible and discrete rural area in Oxfordshire close to all main trunk roads and communication links to Oxford & London and operates from a circa 4,000 square feet area including 1x workshop, restoration room, storage, facilities and administrative offices.
The premises are extremely well appointed and represent the professional qualities and service the company has built its significant reputation upon. | Advertising and marketing
The business has used no advertising in the past and there are excellent opportunities to introduce this and market the business more aggressively to significantly increase turnover.
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.
The company has a web site outlining the business’s products and services. It is possible that turnover could increase through further development of this additional medium. | | | 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 low borrowings, low overheads, positive cash flow, good gross and net profit and has shown consistent growth over 20 years’ trading.
Sales revenue is circa £250,000 per annum, circa £130,000 gross profit with net assets of £70,000 and the vendor feels that with investment in resources, sales and marketing to the extensive and highly sought after client base; combined with the expected increase in market demand the business could dramatically increase its revenues. | Employees
The business currently employs eight full time staff:
4x Workshop
1x Accounts
1x Auxiliary
2x Administration
Other day to day responsibilities are shared between the vendors. | 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 a result of the vendors’ wish to retire and 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 |
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