| IO019-Sports Equipment Manufacturer |
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United Kingdom
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INDUSTRY
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BUSINESS SUMMARY
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UK Leading Specialist Sports Equipment Manufacturer & Distributor
Confidentially offered for sale
Ref No:IO019
Location: Midlands
Asking Price: £1,149,000
We are pleased to offer this successful and industry leading business, founded in 1989 by
the vendors which has grown since to become a significant enterprise manufacturing an
internationally renowned and highly regarded range of specialist sports equipment. By
adopting a commitment to a evolutionary development and enhancement policy, this
company has established itself as the foremost manufacturer and distributor of a highly in
demand product range that is second to none, the versatility and the manufacturing quality
of which surpasses all competition.
Such is the company's prominence and excellent reputation in this specialist manufacturing
niche market, that in order to observe the vendor's wish for the business to be offered for
sale with the utmost confidentially, we are unable to specifically identify the trade name or
nature of the product produced. However, more specific information will be released to
suitable parties, upon the signing of our standard non-disclosure agreement.
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BUSINESS FINANCIALS
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GENERAL COMPANY INFORMATION |
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Organization Structure: |
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Headquarters/Main Location: |
Home Based
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Time on lease/mortgage: |
N/A
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Is Business Relocatable? |
No |
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MARKET OUTLOOK/COMPETITION
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| The business has formed a stable marketing base with its network of distributors which
offers a vast opportunity for expansion. Other than producing a colour product range
brochure, the business undertakes minimal advertising and generates most new business
from trade awareness, which is of course the finest and most cost effective form of
marketing.
The Vendors acknowledge that a more pro-active approach to marketing would
substantially increase the turnover of the company in the UK alone. The company does
have a web site which would benefit from an online ordering facility allowing both new
and existing customers to browse and purchase online |
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DETAILS ABOUT THE SALE
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Support & Training
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A full period of training, handover and familiarisation will be provided to ensure a smooth
transition to new ownership |
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Reason for Selling
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Having spent the last eighteen years developing the business - and on the wrong side of 50,
the Directors now seek a more leisurely lifestyle to enable them to indulge personal
interests and passions. The vendors also acknowledge that the time is now right for a
purchaser to bring this business up to its next operating level and that the business would
benefit significantly by the influx of new marketing skills, particularly those relating to the
acquisition of overseas distributors and online marketing |
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Is Management Willing to Stay?
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No
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Are You An Intermediary?
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No
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Web Site Design
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