Manufacturing

Apparel & Accessories

This is a rare and outstanding opportunity to acquire a very profitable manufacturing company with a broad and varied client base, many of whom are blue chip national companies. This business was set up some 22 years ago by the current vendors and in that time has built up a sterling reputation within the heating services market. It serves both the commercial and retail market place with high quality reliable products with a service that is second to none. The company manufactures replacement tops for all types of radiator valves, wheelhead, lockshield and thermostatic. The tops are used by the heating trade and DIY markets to put radiator valves(irrespective of their age) back into full working order by replacing the missing tops. This is not just for aesthetic purposes. By replacing broken or missing thermostatic heads the valve can be placed in saving mode thus saving energy. Furthermore, making safe the exposed spindle on manual valves is essential under health and safety. The design and manufacture of these tops are unique to the company and as such it has no serious competition. Equipment: • The company is fully equipped with presses, dies and assembly tools for the complete manufacturing process. • Sage Financial Controller accounting and P.A.Y.E. system is used for administration. Customer Service: The highly desirable customer base this business enjoys (such as British Gas) is testament to the service levels it provides. The business enjoys very high levels of repeat business and referrals such is its ability to manufacture high quality consistent products that are delivered on time. Key Strengths: • Fully designed suite of proven products • All tooling, dies and assembly equipment • Superb reputation • No real competition • Desirable customer base including many blue chip organisations • Extremely lucrative margins • Lots of potential to expand as current owners have limited growth through choice • Website Growth and Expansion/Opportunities: Even though the business is well established there are further opportunities to expand. The company does not employ any dedicated sales representatives at present and it has not advertised its products for over 2 years. • A new sales approach would reap rich rewards, particularly in the private sector. There are excellent opportunities to increase sales with an advertising and marketing campaign. • The thermostatic replacement head is a new offering to the current range which should significantly increase turnover with the correct marketing. • The supply and fit of this range of products could be effortlessly turned into a franchised group or a dealer network could easily be established through complimentary businesses. Sales persons could visit the multitude of clients in each area (schools, colleges, hospitals, hotels, clubs etc) carrying out surveys on the condition of the radiator valves under Health & Safety regulations and energy saving requirements. They could then supply and fit the units and return each one/two years to maintain. There are literally millions of such premises in the UK.

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