- Listing ID: 861635
- (Seller ref: 16458)
Specialist Technology Maintenance Manufacturer For Sale
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Summary
- Asking price:
- Available on request
- Turnover:
- £230,000
- Net profit:
- Available on request
- Employees:
- Our client has reduced activity in the business recently but still takes a managerial overview. He is assisted by a full time manufacturer, 2 part time packers/cutters and a part time accounts administrator.
- Relocatable:
- This business can be relocated.
Business description
The business was established by our client in 1986, and has since developed its product range and a market leading presence. Manufacturing laminated products which are used to clean chip & pin, ATM, swipe card readers or indeed any devises and machines which employ magnetic strip readers; the business produces a multitude of different shapes and sizes for clients across the UK and Europe including amongst others; the French Lottery commission, several of the large supermarket chains and Ladbrokes; as well as maintenance companies employed to maintain ATM machines for major high street banks.
Property information
- Property:
- Leasehold
- Location:
- The business is operated from a lock up industrial unit but could be conceivably be relocated anywhere in the UK or Europe.
Other information
- Expansion potential:
- Our client feels that a new owner could develop the business further by actively canvassing to win new business. As the products could be of benefit to an almost limitless customer base, he feels that someone with a sales and marketing focus could increase turnover and profits significantly. The business could also be attractive as a ‘bolt-on’ acquisition to a company wishing to exploit the current database; as it has a number of large blue chip accounts with solid working relationships.
- Reasons for selling:
- Retirement
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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