Financial Details
Asking price: £260,000
Sales revenue: £400,000
Net profit: Undisclosed
Fixtures value: Undisclosed
Stock value: £3,000


Business Description
We are pleased to have been instructed to offer to the market this niche supplier of audio visual educational equipment.

The business, which was founded by the vendor almost three years ago, is only now being reluctantly offered for sale to enable him to pursue an alternative unrelated business venture.

The business specialises in the design, supply and installation of audio visual educational equipment including assessment systems, digital signage, mobile learning, school hall audio visual systems and much much more.

The business has an excellent customer database of schools, colleges and universities, which accounts for approximately 95% of sales with the remainder being charities and corporate customers.

The vendor, who operates alone in the business, achieves annual sales of circa £400,000 with a gross profit expected in the order of 25%. Overheads are very minimal which should ensure healthy net profits are achieved consistently.

New customers come from referrals, word of mouth and via its own web site, which is fully optimised so is almost permanently on page one of the search engines.

The vendor is prepared to work with a new owner to ensure a smooth transition and to effect any introductions to customers and suppliers.

We are advised that stock at cost is approximately £3,000.
REF: 9521HP

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through broker. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
General Information
Employees:1
Trading hours:Mon-Fri: 8.30am – 5.30pm
Relocatable: This business can be relocated.
Property:Leasehold
Lease terms:TENURE: Monthly licence Rent: £3,600 We are advised that the annual business rates are currently included in the rent
Location:The business operates from a shared office facility based in Buckinghamshire.
Premises Details:The business operates from a shared office within modern purpose built premises in Buckinghamshire.

It has its own extensive car park with more than enough spaces available.

The premises are fully double glazed, has its own alarm system and its own CCTV.
Expansion potential:This is clearly already a very successful business, it does however, still offer tremendous scope to increase both sales and profits by: 1. Extending the product range 2. Having commission only salesmen or agents who have experience within the educational sector 3. Having a corporate version of the web site 4. Email all the schools etc on the database to offer their services 5. Have small sub offices in Scotland and Wales as both areas prefer to deal locally 6. Have an interactive facility on the web which would allow customers to order directly This is an ideal ‘bolt on’ opportunity for an existing operator in a similar market looking to break into the educational sector.
Support & training:The vendor is prepared to work with a new owner to ensure a smooth transition and to effect any introductions to customers and suppliers.
Reasons for selling:To pursue an alternative unrelated business venture.
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