Total of 18656 firms and businesses for sale today Saturday 27th April 2024
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Sold. B2b Design, Fabrication And Supply Of Bespoke Webbing Straps & Fabric Assemblies With A Technica

LISTING DETAILS
Firms For Sale ID:
32556
Vendor reference:
JB022
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000  
Turnover / revenue:
£400,000
Net profit / cashflow:
£60,000
Trading hours:
Monday – Friday: 8:30 – 5:30
Number of employees:
7

OTHER DETAILS
Reason for selling:
This is a genuine retirement sale and the vendor is prepared to remain as a consultant, if required.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The Company currently operates from two rented units with no tie-in. Both are approximately 1,200 sq. Ft. Relocation to another area is entirely possible.
 
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BUSINESS DESCRIPTION
B2B Design, Fabrication and Supply of Bespoke Webbing Straps & Fabric Assemblies with a technical content.
Example being knapsack sprayer harnesses
Ref.JB022
Location Hertfordshire
Asking Price £ 150,000
The Company manufactures and supplies webbing harnesses, security straps, and other bespoke assemblies. All products are tailored to individual customer specifications including specific bespoke innovations where required. The Company’s impressive blue chip client base includes many household names and brands, supplying clients in the leisure, logistics, retail and automotive sectors on either a tier 1 or tier 2 basis.

The Company uses state of the art computerised sewing machines and in-house CAD facilities to produce a comprehensive range of high quality, innovative products and also to develop new components and assemblies. A number of the Company’s products are distributed globally.

Originally formed in 1986 as a sole trading company, the group has seen changes, whilst always keeping its consistent brand image. The Company was restructured last year whilst retaining its strong and competitive market standing.

The brand name is revered within the industry and the vendor informs us that the current client base could easily grow on the back of its trading record and reputation.

Expansion Potential
There are opportunities to expand the marketing programme to significantly increase both in UK and export markets. Indeed, a number of triple ‘A’ rated companies have indicated that opportunities are on offer should the Company wish to take them up.