Business Summary:
Manufacturer & Wholesaler of Fitness Equipment
Ref.IO023
Location Full Relocatable
Asking Price £ 645,000
The present owners established this business in 1990, which specialises in the manufacturing and wholesale of professional fitness equipment, which it supplies to both the trade and direct to universities, schools and leisure centers. The business is also contracted to fully refurbish equipment for one of the UK’s largest Gym supplier.
This business has established itself as one of the UK’s leading own brand suppliers of top quality equipment, and even makes bespoke fitness equipment made to order for groups such as the Military and JPL (who have been trading for 51 years) and are the company’s biggest client, ordering in excess of £200,000 worth of equipment each year.
The result is a business that has seen strong and controlled growth. The business is extremely well established with first class customer service and reputation.
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| Year
Business was Established: 1980 |
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| Facilities / Terms of Lease:
The business is fully relocatable; therefore no premises are included in the sale price. |
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| Potential
Growth/Expansion:
The current market for this business's services is upward and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs and has a strong customer base to consolidate and expand. The business stays ahead of current and new legislation and are in a strong position to win new business. |
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| Competition:
The business advertises through specific trade directories including Football, Rugby yearbooks and College directories. The business also has a company brochure, website and undertakes direct mailings. |
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| Owner
willing to train:
Full support and training will be provided to the successful purchaser. |
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| Reason for selling:
The current owner is looking to change direction following the sale of the business. |
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Seller Reference Number: IO023
BusinessMart.com Listing Number: 53553 |
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