Business Summary:
Specialist Automotive Air Conditioning Company
Ref.GJ021
Location Lincolnshire
Asking Price £ 395,000
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
This interesting opportunity involves a company which offers excellent bolt on benefits for a perhaps larger company operating in a similar or parallel sector, through a shared interest client base and the attendant extra profits associated with amortization of overhead ratios.
Having been a player in the automotive air conditioning sector since 1988, the company has evolved through changing market conditions, into a specialist designer, supplier, installer and repair and maintenance source for a range of specialist niche market automotive air conditioning solutions.
Their product range consists of their own systems, manufactured and designed to meet their customer’s requirements and products purchased from leading suppliers around the world. Their trained and experienced field engineers complete installations to a wide variety of vehicles both at customer’s premises throughout mainland UK and at their base in Lincolnshire.
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| Year
Business was Established: 1988 |
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| Facilities / Terms of Lease:
The company’s leasehold premises are a modern factory/ office building in a development of similar building. The footprint is believed to be circa 4,000 square feet and the 3 year remaining lease has an opt out after 12 months. Annual rental comes in at circa £21,000, with rates coming in at circa £10,000 annually. |
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| Potential
Growth/Expansion:
N.A. |
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| Competition:
The company has spared itself the cost of hard to measure traditional marketing campaigns, in favour of a more focussed approach involving direct marketing contact. The company has however developed and maintained an explanatory and helpful internet website. |
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| Owner
willing to train:
Full support and any necessary training will be provided during handover as part of a successful sale package. |
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| Reason for selling:
This opportunity exists for a new owner to buy the business, invest in its partially developed future and reap the benefits of a profitably focussed company. |
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Seller Reference Number: GJ021
BusinessMart.com Listing Number: 60285 |
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