| (REF: IL007) Market leading design and supply company of power transmission equipment |
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| Seller Reference: |
IL007 |
| B4S Reference: |
13915 |
| Asking Price: |
£700,000
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| Net Profit: |
Undisclosed |
| Sales Revenue: |
£2,200,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Freehold |
| Location: |
Staffordshire, England, United Kingdom |
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This business was originally set up by the current owner some 24 years ago and in that time has built up an enviable reputation in the market place as a high quality and reliable company with unparrelled technical expertise. The company provides full design,supply and installation when required for all types of power transmission equipment as well as carrying out service and repairs.
A comprehensive range of gearboxes and motors, both single and three phase are stocked at the business enabling the sales engineers to be able to provide drive solutions at any time to suit any application. In addition to this the company also stocks sprockets, chains, bearings, vee and wedge belts, bushes, lock pulleys and pump spares.
As part of its development the company can proudly boast the following much coveted supplier accreditations:
David Brown Service Centre
As a David Brown Service Centre, the business carry the full range of their market leading gearboxes and couplings. Most of the gearboxes supplied are assembled by the company’s own technicians and carry the full David Brown warranty. David Brown is part of the giant ‘Textron’ group and their UK operation is complemented by their sister companies, namely Benzler in Sweden, and Cone Drive in the USA.
Main Distributor For Lenze
As a main distributor for Lenze, the business provide a same-day, next day or standard service to theirr customers. Lenze’s vast range of power transmission products will usually provide a solution. Products include:
Clutches & Brakes
Locking Bushes
Actuators
Inverters & DC Controllers
Electric Motors
Couplings
AC & DC Geared Motors
TorqueLimiters
Main Distributor For Flender Gearboxes
Again the company can provide this well respected range of gearboxes as ad ehn specified by its clients.
In addition to these brand leaders the company has also developed its own brand range of products and accessories to complement the current offering.
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Property: |
Freehold |
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Living Accommodation: |
No |
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The business has never felt the need to advertise in the past. There are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue. It does have a well designed informative website that could be further developed in line with new marketing strategies. |
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The business is currently in the process of acquiring new premises which will provide further capacity and improve productivity and efficiency. This will also enable the business to increase its scope of works which will result in increased turnover and better profitability. |
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The owner will assist fully with hand-over and training to ensure a smooth transfer of the business. It is understood that the vendor would be willing to remain within the business for an agreed handover period up to 2 years subject to negotiation. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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Monday to Friday 08.30-17.00.
The company also offers a 24/7 call out facility to those clients who require an emergency breakdown service. |
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The employees are one of the key strengths of the business. The current owner has put together an excellent team of people who all share the same ethos that hard work brings results. As well as the owner who works full time within the business the company employs some 9 full time employees and also has a pool of well qualified sub contractors to call upon as and when required. The staff comprise:
1 Managing Director
1 Company Secretary/ Finance Controller
1 Works Manager
1 Internal Sales
1 Stores Manager
1 Secretary
3 Fully Qualified Fitters
1 Driver |
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