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Businesses For Sale > Business For Sale in Cambridgeshire, UNITED KINGDOM - UK (UK)

AI024 -Cambridgeshire- £430,000-Leading Suppliers of Audio Equipment to the Music Industry for Live for sale in Cambridgeshire, UK

Cambridgeshire, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 430,000 £ 365,000 Undisclosed

Business Summary:
Leading Suppliers of Audio Equipment to the Music Industry for Live Concerts and Festivals Ref.AI024 Location Cambridgeshire Asking Price £430,000 Built around the current Owner’s thirty years’ experience in the industry, this business is one of the oldest established providers of audio equipment to the music industry. Concentrating very much on the ‘professional’ end of the market, this business has a Client list that features some of the biggest international music stars having provided equipment to an array of leading acts as diverse as Depeche Mode, Bob Dylan, Rat Pack, Madness and The Pogues – and at some of the biggest live concerts and festivals worldwide. The range of hardware this business can supply is the most extensive and modern available including consoles, amps, crossovers, speaker boxes, microphones and monitoring and outboard equipment from most of the leading manufacturers in the world including Shure, L-Acoustics, Lab Gruppen, Denon, DBX, Behringer, Beyer and AKG. Working on UK, European and even Worldwide tours, this business can supply sound equipment from a single microphone up to a full concert arena system and beyond. In addition, the business has access to the very best professional technicians to ensure the optimum results are achieved from the equipment supplied.

 

   
Number of Employees: 3FT  
   
Facilities / Terms of Lease: The current warehouse is secured on an ad hoc rental basis. Including a small workshop facility for the maintenance equipment the warehouse is approximately 4,500 square feet in all. Rent is £10,200 per annum including Rates and electricity.  
   
Potential Growth/Expansion: N.A.  
   
Competition: Whilst the business has a regular display ad in the most influential trade directory within the industry, the name, having been a consistent presence within the sector for over thirty years already benefits from significant trade awareness. What pro-active marketing is undertaken, is generally limited to direct approaches to Production Offices at the early stages of their event planning.  
   
Owner willing to train: The current owner will fully assist with all hand over and training to ensure a smooth transfer of the business to new owners – and would consider an on-going Consultative role in any organization acquiring the business, subject to negotiation.  
   
Reason for selling: The current owner wishes to ease himself into retirement.  
   
Seller Reference Number: AI024
BusinessMart.com Listing Number: 72218
 

 

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For more info contact:

Andrew Hudson

Turner Butler
0044 1895 25 60

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