Business for sale in United Kingdom – Hertfordshire – County of Hertfordshire – Jb022-b2b design, fabrication and supply of bespoke webbing straps

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Business for sale in United Kingdom - Jb022-b2b design, fabrication and supply of bespoke webbing straps

Asking Price: 150,000 £ Real Estate: Lease
Sales Revenue: 400,000 £
Net Profit: 60,000 £
Year Established: 2000
Employees: 5FT, 2PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Hertfordshire/Hertfordshire
Relocatable

Business types:

Manufacturing

Business categories:

Industrial supplies; Other Manufacturing

Business description

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.

Additional information

Additional information: Not Disclosed
Support & training: Not Disclosed
Reasons for selling: This is a genuine retirement sale and the vendor is prepared to remain as a consultant, if required.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
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.
Location: Not Disclosed

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