Long Established Quality Supplier of Specialist Metal Detection Equipment
Offering Sales, service, repairs, rentals, calibration
Ref.IG007 Location North of EnglandAsking Price £ 1,300,000Confidential offered for sale | |
Turnover is forecast to be circa £1,000,000 for 2007 Gross profit circa £400,000.
Asking price: £1,300,000
Balance Sheet value exceeds £200,000
Freehold
Asking price includes:
Regular Maintenance contracts – yearly, quarterly, monthly
(With many blue chip food company contracts)
Work in progress, material stocks, tools and machinery
Substantial number of annual maintenance contracts
Excellent opportunities and expansion capabilities
Qualified and highly skilled technicians
Sales, which are growing year on year
Extensive investment in technology
Un patented technical know-how
Extremely lucrative margins
Prime Location (freehold)
Informative Website
Sterling reputation
Security System
Goodwill | | 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 provides an extensive range of types and models of metal detector for the food industry to suit varying application needs. In addition the business builds bespoke equipment along with hiring, servicing and calibrating metal detection equipment.
A range of over 200 industrial metal detection systems are offered, which can be integrated into a production line to remove foreign objects from the product stream. The business holds a large stock of re-conditioned metal detectors and checkweighers and new systems can be built to customers specifications at competitive prices.
The range of equipment is complemented by in-house facilities to modify or upgrade customers existing systems to retailer specification and to provide associated and peripheral equipment, including metal detectors with belt conveyor systems, with and without automatic reject features. A speciality with the product range supplied by this business is the ability to design and supply special features, as may be required with any application.
The business provides full nationwide coverage, consistency, reliability, quality and attention to detail. The team offer a high quality of service and fast turn around times.
Customer Service:
The company's philosophy is to supply the very best value in terms of quality, reliability, and pre-sales and after sales service and cost with a fast and efficient service at competitive rates.
Key Strengths:
This well established business operates with a very flexible outlook within a strong market. The range of products supplied by this business offers the ultimate in quality, design flexibility, affordability and attention to detail and constantly attracts new referrals.
The strengths of this company include its expansive product knowledge, and its technical expertise. The business is well respected with excellent image & reputation and an excellent team. The business has forged strong links with some very high profile clients who have put their trust in the organisation owing to their genuine commitment to serving the client needs.
The business builds and supplies a product range, which is growing stronger on a daily basis. In an increasingly competitive market this business is the ideal resource for in-demand, guaranteed products. The business has been built on solid foundations and operates with prudent management; given the same common sense approach a significant growth in profitability is inevitable.
Quality Assurance:
The Company is committed to offering customers the reassurance of consistent quality and reliability at a competitive rate.
Growth and Expansion:
With further investment there is an excellent opportunity to build on the existing groundwork of this company, the market is buoyant and the potential for future growth is high.
Networking within the appropriate market sectors into expanded geographical locations will also encourage more business. All these viable avenues can be explored towards further growth and success of the business. With a strong demand for existing products and services there is a capacity to increase the turnover and profitability. A new owner with sound managerial experience would contribute fresh ideas and energy to expand on this excellent foundation. This business has achieved an outstanding reputation for quality and service. | | | Premises:
An expansive, well-suited Freehold facility houses this business.
The premises are situated on a thriving industrial estate and feature private phone and security systems, separate offices, highly visible signage, room for expansion, plenty of storage, easily accessible frontage and ample parking.
Security:
The business is secured with a modern remote monitored DVD security system. | Advertising and Marketing:
The business continues to grow as a direct result of increased exposure within the market by word of mouth recommendations, brochures, mail shots and an informative professional company website, which allows the customer to find out more about the business, and the products on offer and generates a large volume of new business. | | | 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 positive cash flow, no debtors, high gross and high net profit and has shown consistent strong growth in profits.
The current turnover on target to exceed £1,000,000 this year, with a Gross profit circa £400,000. | Employees:
The directors of this business currently employ a highly experienced, dynamic team of engineers with many years of experience between them. The talented long-term core staff have excellent technical ability and first rate and consistent service and are dedicated to providing a quality service as the company continues to grow. | Support and Training:
The vendors are happy to provide full support and training for the new owner | Reason for Sale:
A stage has been reached where the owner wishes to sell and it is being offered for sale not only as a strong and expanding going concern, but with further significant growth potential. | | 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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