SOLD (Subject to Contract)
Key Features
• Provision of a range of telecoms products and services to businesses across the UK and Europe
• Strong growth with projected turnover well over £1m in 2008 and profits rising to £250k
• Income stream moving from dealer commission to reseller status allowing direct client billing
• Development in telephony especially VoIP present substantial growth opportunities, this organisation is recognised as one of the most advanced knowledge centres for this technology in the UK
• Company’s portfolio of products ideally suited to take advantage of changes in a dynamic market
• Solution based business providing genuine performance improvements for clients, whilst also reducing their costs
• Good management team in place with existing owner operating in a part time capacity
• Extensive range of suppliers allowing best fit strategy
Business Profile
The business was established some 9 years ago and is a telecommunications consultancy providing a broad range of products and services across the UK and Europe. The expansion of broadband has made a huge impact on the telecommunications market, with traditional providers experiencing margin erosion and seeing a decline in their customer base as clients migrate to new generation products and services. The company has set out to provide informed unbiased advice to their clients and to assist them navigate through the complexity of new telecommunications technology.
Whilst much of the revenue the company currently generates is from traditional dealer commission, the company has now reached a size where it can port clients onto reseller agreements. This has been possible as the company have always retained contact with clients offering them advice and where appropriate further products and services. Operating under reseller agreements will allow the company to increase revenues and profits dramatically. However since the company has the necessary skills and experience to provide the latest telecommunication products and services it will also benefit from the forecast growth in this sector.
The owner MD has been grooming his management team to take control of the business in his absence and currently spends approx 1 - 2 days a week on company business. However if required he is prepared to provide on going services under some form of consultancy agreement.
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