Total of 18677 firms and businesses for sale today Tuesday 30th November 2021
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Finance And Services:

Sold. Manufacturer Of Own Brand Water Fed Window Cleaning Pole Systems/machines Worldwide Brand & Cust

LISTING DETAILS
Firms For Sale ID:
34286
Vendor reference:
IB018
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£165,000  
Turnover / revenue:
£500,000
Net profit / cashflow:
£90,000
Years established:
15
Trading hours:
Monday- Friday: 09:00-17:30
Number of employees:
6
Employees / staffing:
The vendor is Managing Director and he works part/full time in the business operating more at a strategic level. The business employs an excellent team of 6 full time staff who all share the company ethos and are a real asset of the business. Key staff include a General Manager, Production Manager and Senior Sales/Account Manager. In addition to this the business also has key supply relationships its worldwide manufacturing partners.

OTHER DETAILS
Reason for selling:
The vendor has other business commitments and cannot give this business the time it deserves to fully exploit the many opportunities at its disposal.
Support and training:
The owner is happy to provide full business familiarisation and handover to ensure continuity of trading and a seamless transistion. This should be a relatively simple process as he has key staff already in place. However he is prepared to stay on for a further period of time, if required, subject to negotiation.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Manufacturer of Own Brand Water Fed Window Cleaning Pole Systems/Machines
Worldwide Brand & Customer Base
Ref. IB018
Location : North West
Asking Price : GBP165,000
Established over 15 years ago this highly respected and very well known UK company are leaders in the field of Pure Water Cleaning Technology. The company manufactures, sells and distributes high-end quality pure water fed pole systems and equipment, via its UK base and through its network of UK and Worldwide distributors, all under its own very well known and instantly recognisable brand name.

The company designs, manufactures, markets and sells its range of pure water fed cleaning machines, pole systems and associated accessories to customers through its network of distributors, both in the UK and overseas, as well as direct and via its online e commerce website. The company currently has a good range of customers, including domestic and commercial window cleaning companies and facilities management companies.

The company has always focused on the top end of the market and its brand name and range is synonymous with quality. The company is regarded as a pioneer in the the pure water cleaning sector and has consistently introduced new innovations and technology to its machines to ensure they stay ahead of the field. The company has built up a loyal customer base who come back time and time again for new tools and equipment, such is its reputation for performance, price and reliability. The current product range comprises:

Water Fed Poles Pure Water Cleaning Machines Hot Water Machines

On Site Static Systems Portable Trolley Machines Internal Cleaning Units Spares & Accessories Hoses etc

Expansion Potential
The business has generated steady revenue streams to date but has been constrained by cash flow. Further investment and expansion would offer potential for the business to expand its operation as the market this brand serves is truly global. The opportunities that currently exist far outweigh this companys current resource levels. The business does very little in the way of proactive sales and has a huge target customer base ripe for development. It has some 12,000 contacts on its own database that have yet to be developed.

As already stated the markets for this companys products are vast and it is currently serving a very small proportion of these markets. The opportunities to increase market penetration are significant. Whilst the company has enjoyed steady performance over recent years it could certainly speed up this process with a more dedicated sales team or further development of its distributor and reseller network. This growth trend is expected to continue in line with new globalisation creating more opportunities in emerging and existing markets.

Further innovation opportunities will come with such expansion including new product design and improved efficiency. This business is perfectly positioned to develop these opportunities, such is its standing in the market.

Market / Competition / Non-Competition Agreements
The business has an excellent website and fully functional e-commerce online shop as part of this. The business does carry out some online marketing via Google Adwords but further activity in this area could reap significantly rewards. The company also has a suite of informative brochures.

There are many other avenues to market the business but the vendor has simply not had the time to develop any of these to date, due to other business commitments.