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Business for sale in United Kingdom - Io019-leading snooker & pool cue manufacturer, importer & export distributor-midlands

Asking Price: 600,000 £ Real Estate: Lease
Sales Revenue: 480,000 £
Net Profit: 70,000 £
Year Established: 1989
Employees: Not Disclosed
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/Midlands

Business types:

Manufacturing

Business categories:

Other Manufacturing ; Sports equipment

Business description

we are pleased to offer this successful and industry leading business, founded in 1989 by the vendors which has grown since to become a significant enterprise manufacturing an internationally renowned and highly regarded range of specialist sports equipment. By adopting a commitment to a evolutionary development and enhancement policy, this company has established itself as the foremost manufacturer and distributor of a highly in demand product range that is second to none, the versatility and the manufacturing quality of which surpasses all competition. Such is the company's prominence and excellent reputation in this specialist manufacturing niche market, that in order to observe the vendor's wish for the business to be offered for sale with the utmost confidentially, we are unable to specifically identify the trade name or nature of the product produced. However, more specific information will be released to suitable parties, upon the signing of our standard non-disclosure agreement. The business offers a range of the same product in varying quality levels, including, budget, economy, medium price and professional, thus covering every level of affordability appropriate to their end use and market, many with uniquely designed features and it is this business's ability to operate in such detailed ways in both large and small volumes that creates a clear difference between this business and competitors meeting the customer's needs for cost, productivity, delivery and quality. The business has the technical and manufacturing capacity to increase production to meet the exceptional growth potential this product range offers. With the benefit of comprehensive manufacturing facilities, the highest quality through key business areas has been maintained and conforms to british standards where appropriate and to stringent strength and test standards. The business has also maintained significant control over costs in a demanding market. The ability of this business to grow and sustain its profitability is due entirely to the quality of its product. The business has a well developed network of established and appointed worldwide distributors affording the company a footprint of operations covering most parts of the uk with experts throughout europe, the far east and australia . In addition to the initial sale of the product range, the company enjoys a healthy residual income from the sale of user replaceable maintenance items and various peripheral supplies. Equipment: included as part of the sale is all necessary plant and machinery required in the manufacturing process. Additionally, stocks of product ready for immediate distribution and stocks of component parts will be offered as part of the sale and will be subject to separate valuation and negotiation. Customer service: one of the major features in the company's growth and success, apart from the quality of the product, is the importance of good customer relationships which has enabled it to maintain a first class service and establish itself as the uk's leading brand. Key strengths: this is a recession proof business with ample growth opportunity. The business is well established, with a strong, large and growing customer base managed by a comprehensive and sophisticated blend of management expertise and technology. Growth and expansion: with this particular sport and industry in general showing strong growth potential, satisfying the ongoing demand for competitive, high quality solutions with a rapid turnaround provides an excellent opportunity for this business and those with vision and customer focus. 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. The business is perfectly poised for expansion of its distribution network into europe and beyond.

Additional information

Additional information: Not Disclosed
Support & training: A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership.
Reasons for selling: Having spent the last eighteen years developing the business - and on the wrong side of 50, the Directors now seek a more leisurely lifestyle
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The premises incorporating the manufacturing operation also including a trade counter and offices is located on a well situated, busy and vibrant industrial estate, in a modern light industrial unit; access is via a roller shutter doors from a substantial surfaced yard with allocated parking spaces with separate personnel access. The unit comprising of circa 5,000 square feet benefits from heating, suspended ceilings, carpets, partitioning, WC and kitchen facilities.

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