business for sale

Designers, Manufacturers & Suppliers of Dust Control Equipment.

Businesses for Sale

Sale Memorandum

Designers, Manufacturers & Suppliers of
Dust Control Equipment.


Ref.IG008

Location East Midlands

Asking Price £ 229,000

Confidential offered for sale

Intellectual property rights and Copyright to a unique core product range which benefits from regular repeat orders as a result of stringent COSHH and Environmental
Health regulations.
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:

Established in 2000, the company manufactures and distributes dust control equipment and specialises in developing solutions both electrical and electronic for the dust extraction industry.

The company’s “in demand” product range includes, but is not limited to:

Differential pressure monitors
Reverse jet Valve controllers (for online / offline cleaning)
Shaker controllers
Diaphragm / pilot valves
Pressure Gauges (Dwyer, airflow etc.)
Hand held manometers / anometers
Custom Made control panels ( star/ delta motor starters to full inverter / plc control systems )

Additionally, the company offers a full “in-house” design and development capability, ranging from software changes to full product solution.
The business operates from private premises in the East Midlands close to main road arteries and busy town centres and benefits from offering its range of products nationally.

The business has been established in this area for 7 years and is well known and regarded by competitors and peers and considered part of the industries national community. The vendor has been involved in the business since its first days of trading and can offer considerable advice and information concerning all aspects trading in this sector.

Exemplary relations with key suppliers have helped to ensure that client service and product quality is never compromised and that customers receive the highest possible quality of service, leading to the existing high levels of return custom. This commitment to suppliers and customers has underpinned this business’s abilities in service quality and sustained business success.

The business has invested to a suitable degree in technology and has an up to date administration, accounting system and web presence, it is an excellent opportunity for any business seeking an opportunity to expand their current services into this region or perhaps an owner manager, choosing to take advantage of this established business avoiding time consuming, costly and risky start-up conditions.
Equipment:

1 x Blundell cropmatic lead cutting machine
1 x contasold 260 flow solder machine c/w extract fan
A quantity of anti-static pcb racks & trays
1 x bench mounted din rail cutter
1 x small compressor sip tornado
1 x chop saw
1 x grinder + stand
1 x 240-110 vac site transformer
1 x dewalt 110vac sds drill
1 x dewalt battery drill
a quantity of hand tools and site tools
2 x oscilloscope
1 x cable dispensing stand with wheels
2 x large silverline storage cupboard
1 x gratnells multi draw storage unit
Various storage units.
Various office furniture.
3 x PC’s.

Customer Service:

• Research and Design services are provided completely in-house.
• Staff prides themselves on adhering to strict deadlines.
• The business manufactures and provides labour on a 24-hr basis
• Staff understands the requirements and complexities of the dust control industry.

Key Strengths:
• Substantial Research and fabrication facilities available
• Machine shop provides quick turnaround.
• State of the art equipment.
• Complete build and site installation service.
• Quick response to customers needs
• Staff have ability to build, make and install without needing to contract out,
Key Opportunities:

• Vast opportunity to further establish the business’s presence in the Wood manufacturing, Furniture manufacturing, Shop fitting, Paint spraying, Chemical, Pharmaceutical and food industries
• A new owner would be in very good position to substantially expand the existing client base by targeting newly regulated industry sectors.
• Further advertising will greatly increase turnover.
• The ever increasing regulatory controls governing numerous industry work place environments serves to constantly expand the company’s potential market.
• An opportunity exists to dramatically increase sales by introducing Sales Rep(s) or agents.

The current market for this business’s products is expanding and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Clients:

The business’s clients base is wide and varied and includes the Wood manufacturing, Furniture manufacturing, Shop fitting, Paint spraying, Chemical, Pharmaceutical and food industries and all and any workplace environments subject to COSHH and Environmental Health regulation implementation and enforcement.
Premises:

The business operates from modern industrial Leasehold premises of approx’ 2,100 square feet. An option to renew the lease in 2008 exists and the current rent is only £10,000 per annum fully inclusive of Commercial Rates.

Business Hours:

8am – 5pm Monday - Friday
Advertising and Marketing:

Most of the business’s orders and design commissions are generated through the current client base. The finest form of marketing, word of mouth recommendation, is used to advertise and market the business. There is vast scope to generate substantial further income by introducing a policy of advertising and marketing.
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, and good gross and net profit and has shown consistent growth over 7 years of trading.

Sales revenue is circa £180,000 per annum with a Gross profit of circa £80,000. The vendor feels that the expected increase in market demand coupled with the introduction of a pro-active sales approach would quickly and substantially increase revenues.
Employees:

The business currently operates under the direction of two Directors and one employee.
Support and Training:

Following completion, the Vendors will provide full support and assistance for a minimum period of three month period and thereafter will continue to provide an ongoing third party consultancy and design service if so required.
Reason for Sale:

The Vendors have other business interests which make substantial demands upon their time and as a consequence of the unexpected ill health of one of the Directors 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

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]