Retail Office And Vehicle Graphics Installation For Sale

Business description

Retail, Office and Vehicle Graphics Installation Business

Established in 2005, this profitable business quickly built an exceptional name and key client base in a competitive sector. The company’s main area of expertise is in the installation of large print vinyl’s and retail store graphics for retailers of all sizes across the country. The business tends to work with 2 key design and print houses, who between them supply a range of national and international blue-chip retailers, as well as PR and Advertising Agencies managing major brands. Once the retailers or brands look to roll-out new point of sale, merchandise or season displays, the company is called upon to provide installation services. This can be from one flagship store in Central London to a chain across the country. As the company is based in the South East, it tends to focus on the Southern part of the UK, London and the Home Counties although they can compete on a national level.

Alongside the key retail sector, the business also installs bespoke office graphics, partitions and frosted glass designs. The client for the commercial offerings tend to be the occupiers of high-spec offices. Currently this makes-up around 10% of the revenue stream and has exceptional potential for further growth. Historically the business has been involved in the vehicle livery sector and whilst there are still numerous potential customers for this side of the business, it could be re-energised under new ownership.

Whilst the vendor of the business is still very much involved in the day-to-day operations of the business, and regularly visits sites to oversee projects, he has built a network of qualified and skilled freelance installers whom work in teams to roll-out material during peak periods. This organisation allows for ease of operations, and a streamlined low overhead business with great flexibility. It also means that the business is ready for a straight forward transition to new ownership.

Technology:

The business is operated with a Lloyds Factoring account which handles all payments and cash-flow on-line, this integrates with the back-office system, running SAGE for all financial accounts, invoicing supplier and customer records.

Customer Service:

Over the years the business has thrived on continual repeat business, this is mainly due to the reputation for reliability, quality of finish and responsiveness all at competitive rates. Customers know that with the ‘one phone call, the job is done’.

Key Strengths:

The key strength to this business is the key client accounts, which provide a wide range of work and excellent levels of future bookings for a stable revenue stream. These relationships have been cultivated over many years, and seen off competitors, and are expected to be a cornerstone of the business. The business is streamlined, with low overheads and an easy to operate model from a Directorship point of view.

Financial Information:

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.

For the last financial year the Turnover was circa £350,000, with a Gross Profit circa £93,000 and a Net Profit circa £40,000. Assets are negotiable.

Business Operation

Expansion potential:

The business has many directions for further growth and development. The market for the services of the business is massive and growing. With the respected trade name the business can easily be expanded by marketing, advertising and direct contact to gain new clients. The business can serve a wider geographic area on a more regular basis by expanding the team of freelancers to call upon across the country. The vendor has also considered growth via franchising, and believes some of the Freelance team currently employed would be excellent potential trial franchisees. The business also has a relatively basic web offering, which via investment could draw in new private and commercial clients.

Competition / Market:

The business conducts minimal advertising, with the majority of the work received from the main clients, recommendation and referral. The vendor has conducted direct sales in previous years to increase trade, which could be easily re-adopted under new ownership. There is a company web page detailing the businesses offerings, which could be developed.

Reasons for selling:

The owner of this business moved into the market from his background in graphic design. Whilst it has proved very successful, he is looking to return to his design background, and is looking at internet services.

Trading hours:

Monday – Friday: 9:00 am – 6:00 pm (Office hours) with installation services outside trading hours

Employees:

The business is operated by the vendor as Owner. He is currently responsible for overseeing all day-to-day operations and business administration. In support are a team of regular freelances. Usually the core team of installers numbers around 10, although the workload can require up to 20 at relatively short notice for larger jobs.

Years established:

2005

Other information

Support & training:

The vendor is agreeable to a period of training and handover. He would also consider a longer term consultancy agreement, if that would be of interest to all concerned.

Relocatable:

This business can be relocated.