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Electrical manufacturing and sheet metal fabrication business offered as a sound going concern with additional potential for growth and diversification.
The company is a major UK theatre lighting power and sound installation products manufacturer with a sound, profitable history and, with the right future management has capacity to grow further.
On the approved supplier list for all the major theatre consultancy and installation companies, this is a turn-key business with everything in place and up and running to enable continued expansion and diversification.
The company are ISO9001:2015 Accredited there are procedures in place to cover most areas of the business.
Currently the business has a predominantly UK customer base, plus some exports to the EU or USA.
One of the key factors in the success of the business is the ability to turn enquiries into designs and then to a finished quality product in a short time.
Trading estate location with good vehicular access and on-site parking.
A modern self-contained secure 8500sq ft (790sq m) unit with ample room for expansion. Access and parking are excellent. Currently the upstairs offices are sub-let giving an additional income source. Current rent is £47000 PA and Rates £17500. Income from Sub-let £10800.
To enable retirement of the existing directors/shareholders.
The company has been set up to run with minimal input from the director, and a capable Business Manager deals with most day-to-day operations.
The current MD is prepared to remain with the business in an advisory/non-executive capacity for a short period. He is also prepared to assist with the handover in any way.
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