business for sale

High Quality Voice & Data Communications Installation Company

Businesses for Sale

Sale Memorandum

High Quality Voice & Data Communications Installation Company


Ref.ID008

Location Liverpool

Asking Price £ 375,000

Confidential offered for sale

Asking price includes:

Projected Turnover of circa £600,000 for new financial year
Excellent Profit Margins
Plant & Equipment
Established Blue Chip client base
Outstanding relationship with suppliers
Industry approved supply & install certification
Excellent opportunities for future growth and further expansion
In-depth technical knowledge
Qualified staff
Reputation within the industry for reliability and trustworthiness
Completely portable business offering
Low overheads
Computer database
Full training and handover
Significant goodwill
Website
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:

The business was first established in 2000. Its core business is the supply and installation of voice and data communications cabling systems to the commercial marketplace. The business provides high quality business solutions that will allow the customer to easily manage their existing and future voice and data requirements.

In addition to this the business offers customers a range of additional telecommunication and security products and services including CCTV, Access Control, Audio/Visio and Fire Protection Systems, as well as all the necessary maintenance and servicing contracts that are required with such systems.

The company understands that providing support for and maintaining mission critical IT and networking systems is critical to customer satisfaction. The level of support received once a product or service is sold and installed is a key factor in deciding what company to purchase from. Because the business fully understands this concept it is able to provide a variety of service level agreements that will meet the specific needs and requirements of the most demanding client.

By providing a complete package including consultancy, design, project management, tender evaluation, installation and commissioning the business ensures the best possible return on investment for its clients.

The business has partnerships with many of the leading suppliers to the industry and can boast the following approvals.

• Krone Approved
• Ortronics Approved
• Panduit Certified Installer
• Connectix Approved
• PremisNET Associate Installer
• Nexans Approved Installer

By partnering with these key suppliers the company can also provide a solution that fits with each of its clients own unique model and budget.
Customer Service:

The company’s mission statement is centred on selling high-quality products and servicing customers in a professional and efficient manner. Because of this the business only partners with reputable manufacturers and suppliers, so they have the confidence in the products they sell and services they offer. This approach, together with the company’s expertise and knowledge is the basis for its excellent customer service levels. This is illustrated by the very high customer retention levels the business achieves.

Key Strengths:

The business has been built around the levels of expertise and service it can provide. The vendors have been careful to ensure that its business partners have the same approach to business so as to ensure complete customer satisfaction at all times. Because of this they are able to offer high quality solutions that their customers can be proud of. Partners include Connectix, Panduit, PremiseNet and Nexans to name but a few.
The company prides itself on its knowledge base and can provide solutions for most situations. It is this expertise, flexibility and personal approach to business that has built up the company’s excellent reputation within the market place and led to many word of mouth recommendations that have resulted in securing new business.

The business has a strong and growing customer base managed by a comprehensive blend of management expertise and technology. The company has earned an outstanding reputation for its honesty, service, reliability and customer satisfaction, resulting in very high levels of customer loyalty. The client list boast some very impressive organisations, both in the public(schools and hospitals) and private sector and is ripe for further development.

Growth and Expansion:

The current market for this business is good and is forecast to continue to grow significantly in both the medium and long terms by the continued emergence of new technologies.

Business operations are not yet at maximum capacity, and there is considerable scope to increase both revenues and profits by gearing operations in line with current and forecast market demands.

Key Opportunities:

This is an outstanding opportunity to build on the existing services and diverse customer base of the business. With a strong demand for services, combined with a capacity to increase turnover further, a new owner contributing fresh initiatives and energy will have every opportunity to build on an excellent platform. There is also a substantial opportunity to increase turnover by promoting the other services the company can provide more aggressively. This includes security installation, electrical installation as well as the more specialised audio/visual offerings.

The firm maintains an extensive base of satisfied customers who appreciate the company's superior levels of customer service. With a new and simple sales and marketing push the company could further exploit its current client base and increase revenues.
Premises:

The business currently operates from a new secure industrial estate in the city . The unit is single storey (approx 250 square feet) and has adequate parking. It is protected by on site CCTV, which is in operation 24 hours a day. The property is leasehold and runs on a yearly agreement. The annual rent is £4,000 with rates at an additional £700 per annum. The site has all services you would expect from a modern building including electricity, water, and broadband.

Business Hours:

Monday - Friday 8.00am -4.30pm

Security:

See Premises Detail.
Advertising and Marketing:

The company currently undertakes no direct advertising or marketing of the business and the majority of their work has come from word of mouth recommendation and referrals. Whilst it does have a website this portal has yet to be fully utilised and it is understood that investment in the sales and marketing function as a whole would reap financial reward in terms of new business and increased revenues.
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 projected turnover for the coming financial year is a conservative £600,000.
Employees:

Besides the two directors who are involved in the day to day running of the business the company has eight full time installation technicians who work on a self employed basis.
Support and Training:

Full training and handover will be provided as necessary
Reason for Sale:

The business is for sale as the current owners wish to pursue other 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

Next steps

If you are interested in finding out more about this business please:

  1. Click here to generate the Confidentiality agreement with your details
  2. Print the confidentiality agreement
  3. Sign the confidentiality agreement and fax each page of the document to 0870 432 3611
  4. We will contact you and put you in touch with the seller of the business.

[back to businesses for sale] [return to top]