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This leading UK business was set up by the vendor’s father over 47 years ago and has grown in that time to become well established and profitable. The business specialises in the design and manufacture of unique trophies & awards for special events and awards ceremonies, featuring some of the best known TV awards shows in the UK as well as many corporate, sports and media events.
The vendor is responsible for key internal management matters including people and operations while client/customer matters are managed by sales and account managers. This approach to sometimes complex demands means that every customer is provided personal attention and is always kept up to date and deadlines, while sometimes “tight” are always met; every project results in the highest quality finish.
The company has become known as a reliable, quality-focused supplier of the finest quality awards for some of the UK’s most glamorous & prestigious events, with particular expertise in the creation of highly original designs.
A small portion of the company’s activities includes the production of replicas for permanent ownership relating to recurring or annual awards and while a large percentage of ceremonies and events are UK based, a small number are International.
The business combines its design & origination activities with a fully equipped workshop with in-house casting capabilities.
Clients include well known names in aviation, automotive, Banking, TV and media.
The business takes close care of its clients and has dedicated managers for business development and project management.
The business has many strengths including
• Business & production processes
• Design originality
• In house business development
• Enviable reputation in the sector
• Outstanding industry network
• Exceptional levels of service
• Repeat business levels and referrals
• Highly reliable employees
The business has enjoyed steady trading over its lifetime and this is expected to continue in light of its growing and loyal customer base. The clearest opportunity to grow the business would be by engaging in specific marketing campaigns backed by its strong reputation.
The market outlook for the business is excellent. With a strong demand for this business’s design services & products, a new owner who is capable of instilling additional ideas will have every advantage of building on an excellent platform. The business has reached a crucial stage, whether to invest in buraucracy and growth or to remain as a reliable cash-cow proposition for the longer term.
This is a unique opportunity to purchase a grown and matured business. It is a well-structured company generating excellent profit margins with excellent growth potential.
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.
Turnover: c. £366,000 per annum (2016 accounts)
Adjusted EBIT: c. £92,000 (before Directors’ drawings)
Gross profit: c. £220,000
The 2 storey premises is located in a secure, busy and modern estate, and includes parking area, workshop and administrative offices. We are advised that the Freehold is available for sale or a new lease would be available by negotiation.
The business has enjoyed steady trading over its lifetime and this is expected to continue in light of its growing and loyal customer base. The vendor believes that an opportunity to grow by investment in resources and in marketing activity and also believes that this business would be a perfect platform from which to grow by other acquisitions within the supply chain.
The company has an excellent website providing details on the range of services and considerable portfolio of previous examples.
A high proportion of the business s revenue has been due to its excellent reputation for quality and service and the business regards its existing clients and partners as its best advertisers, maintaining an impressive database of private clients, whilst continuing to attract new referrals and recommendations.
The vendor believes he has reached the limit of his management capabilities and wishes to concentrate on smaller, other business interests.
Monday – Friday: 09:00-17:00 (Projects permitting)
The current owner would be happy to provide full training and support at handover.
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