A successful manufacturer of products typically used in the removals sector is being marketed for sale.
The business predominantly sells its own range of products, which are positioned at the quality end of its sector. It both wholesales to a longstanding client base, in addition to selling directly to consumers via its website. Through significant investment in SEO activities, its website ranks highly in Google and online sales now represent c 50% of revenues.
Operating from a leased premises in Essex, the business is well-equipped with appropriate tools and workbenches, but it could be easily relocated, releasing significant production and distribution efficiencies. It is anticipated that this will be the preferred route for the buyer and the owners / staff will assist purchasers with the transition.
The business typically generates sales in excess of £400k, generating earnings before owner drawings of c £25k. Earnings can be significantly improved by relocating, introducing more efficient manufacturing processes (ie CNC machining) and paring back on digital marketing spend, which is currently c 10% of sales.
The guide price for assets and goodwill is £49k plus stock at value.
Please do not attempt to contact the vendors direct.
