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

Leading UK Provider of Computer-Generated Imagery (CGI) for sale in Essex, UK

Essex, UNITED KINGDOM - UK (UK)

Asking Price: Gross: Cash Flow:
£ 620,000 Undisclosed Undisclosed

Business Summary:
Location: North EssexLease AvailableAsking Price: 620,000 plus Net AssetsBusiness highlights include:Turnover 2019 circa 488,000 p.a.Gross profit circa 113,000 p.a.Adjusted EBITDA circa 141,000 p.a.Net assets inc Cash at Bank c160,000Very well established over 16 yearsSuperb profit marginExperienced StaffExcellent loyal and repeat customer baseBusiness Profile:The company was originally founded in 2004 to provide high-quality Computer-GeneratedImagery (CGI Visuals) to the property sector. CGI visualisation is an essential tool for architects, Interior designers, planners and property developers. They are used extensively to communicate design concepts and to accelerate off-plan sales. They are being seen as increasingly important in the planning process in the form of verified visuals that combine CGI and photography.CGI visualisation involves using specialist software to create 3D images of buildings andinteriors. The buildings in question may already be constructed, but more often than notthey are still in the design stage.CGI Visualisation is also used in product showcasing and to communicate operating procedures, traffic flow, infrastructure layout and much more.Over time the business has become one of the most respected UK providers of CGI Visualsnot just to the property sector but to a diverse range of clients in the areas described above.The business is well structured with an excellent and consistent trading history and repeatclient base showing continuous profit. The owners have been running the company from their premises based in North Essex, but their client base covers many parts of the UK. There are 9 members of staff employed across the business. The business is well established, profitable and has enormous potential to grow further. This business provides a highly competitive portfolio of CGI services and has received glowing testimonials from a range of clients.Services include:Architectural Visualisation: 3D visualisation aids for architects, planners, propertydevelopers and estate agents. This gives photorealistic images and valuable insights intodesign ideas and options.Interactive Walkthrough: Walkthroughs and Interactive visuals provide realistic true-lifeidea for your project with Interactive 3D models, 360 Degree images and video animation.Interior Visualisation: Working with commercial and residential clients this providesmultiple design ideas without large costs. Visualisation can change textures, colours,decorations, accessories, furnishing and lighting.Product Visualisation: Virtually any product at concept stage can be shown in stunningvisuals showing real life materials and textures before manufacture.Virtual Staging: The business can provide images to empty interiors or exteriors and showa space fully furnished with sofas, chairs, soft furnishings. This can be used in virtualrenovations and low-cost room dressing.Augmented and Virtual Reality: The business has produced ground-breaking material in this field, and it is a growing communication medium for both enterprise and consumer markets.Clients:The business has a large and loyal client base ranging from multinational companies to local businesses and has established itself as a key player in the property sector.Technology:All necessary software and digital equipment are in place required to run a successful CGIVisualisation business; a full inventory of equipment is available to all genuinely interestedparties. There is an operational website with huge potential to expand and promote a greater online presence for clients.Key Strengths:With many years of experience in the business, the owners take pride in the reputation ithas established, placing it above much of the competition and gaining plenty of referralwork by word of mouth. The business is sited prominently and is well appointed, offering a welcoming and professional environment for clients to discuss their needs.The business employs 9 fully trained staff, with an average experience level of 15 years.Growth and Expansion:The CGI market is predicted to grow dramatically over the next 10 years as consumerdemand increases for video animation, 360-degree views and interactive visualisation.This business is well positioned to take maximum advantage of this trend.There are multiple further income streams that could be developed including diversifying into other markets and industry sectors. The online presence and ability to commercialise a number of products offers great potential to increase revenue.Advertising:The business engages in trade press advertising & social media and has a comprehensiveand attractive website, detailing its services and has profited from strong word of mouthreferrals and recommendations. Further business could be generated by a clear social media campaign with a range of SEO and PPC advertising.Employees:There are 9 staff including:1 Production Director1 Sales & Account Director1 Production Manager4 Artists2 Studio AdministratorsBusiness Hours:Monday to Friday: 9:00am 5:30pmPremises:The business operates from prominent and well accessed premises in North Essex. Aflexible lease is available. Car parking is on site.Full details available.Financial Information:The business is being offered for sale on a going concern basis, all financial discussionswill take place directly between the vendor and all interested parties under the auspices ofTurner Butler. The business has achieved a history of excellent turnover and profits consistently over 5 years.Turnover 2019 circa 488,000 p.a.Gross profit circa 113,000 p.a.Adjusted EBITDA circa 141,000 p.a.The Asking Price of 620,000 plus net assets of c160,000 is for 100% of the issued capitalof the company (calculated on a zero cash-zero debt basis). A complete asset list isavailable. There will be a for adjustment to the final sale price to reflect any movementat completion away from the 160,000 net asset figure.Reason for Sale:This is a retirement sale.Support and Training:The existing directors and shareholders will provide full support and training to anypurchaser.

 

   
Year Business was Established: 2004
   
Number of Employees: 9  
   
Potential Growth/Expansion: Growth and Expansion: The CGI market is predicted to grow dramatically over the next 10 years as consumer demand increases for video animation, 360-degree views and interactive visualisation. This business is well positioned to take maximum advantage of this trend.There are multiple further income streams that could be developed including diversifying into other markets and industry sectors. The online presence and ability to commercialise a number of products offers great potential to increase revenue.  
   
Owner willing to train: Support and Training: The existing directors and shareholders will provide full support and training to any purchaser.  
   
Reason for selling: Reason for Sale: This is a retirement sale.  
   
Seller Reference Number: CA100
BusinessMart.com Listing Number: 259388
 

 

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For more info contact:

Andrew Hudson

Turner Butler
01895 25 6000

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