| (REF: 9650SG) Design And Manufacture Of Gaming Tables And Accessories Relocatable |
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| Seller Reference: |
9650SG |
| B4S Reference: |
17589 |
| Asking Price: |
£159,950
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| Net Profit: |
£45,000 |
| Sales Revenue: |
£181,711 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
13 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
United Kingdom |
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HISTORY
• Established by vendors in 1997
• Steady growth with careful development of the customer base
• Website introduced
• Excellent reputation now held within the industry
PRODUCTS
• Full range of gaming tables, including poker, roulette, craps and cards
• Tournament tables
• Personalised poker chips
• Roulette wheels
• Money and prize wheels
• Fun casino furniture and accessories
• Fun casino props and trophies
SERVICES
• Design and manufacture of bespoke tables to customer specifications
• Bespoke design service for all casino related gaming equipment and accessories
• Sourcing staff for fun casino events where required
CUSTOMERS
• Casinos and leisure clubs in the UK and overseas
• Private members clubs
• Companies running fun casino and corporate events
• Private individuals, often affluent
SUPPLIERS
• Traditional wholesalers for wood and sundry supplies
FINANCIALS
Turnover
2008 £181,711
2007 £178,731
• Gross profit margin consistently around 49%
• Reconstituted net profit has averaged £45,000 per annum over the last 2 years
• Highly consistent trading pattern
OVERHEADS
Staff £8,547pa
Gas/Electric £2,400pa
PREMISES AND EQUIPMENT
• A large two storey council industrial unit located on a farm
• Several sizeable workshops
• Fully equipped spray shop with full extraction
• Second storey showroom area
• Office
• CNC milling machine
• Band saw and cutter
• Compressors
• CNC lathe
• 2 presses
• Sundry woodworking tools
• Diesel fork lift truck
• 51 Plate diesel Ford Transit
STRENGTHS
• Excellent reputation with customers
• Very well known within the industry
• Website
• Re-locatable
• Consistently profitable with sound financials
VIEWINGS:
• A non disclosure agreement will have to be signed and returned prior to any further information and viewing.
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 Advent Business Sales. 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).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
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Property: |
Leasehold |
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Living Accommodation: |
Yes |
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Details of Accommodation: |
• A large two storey council industrial unit located on a farm
• Several sizeable workshops
• Fully equipped spray shop with full extraction
• Second storey showroom area
• Office |
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Location: |
• Currently trading from industrial unit and workshop in Hertfordshire
• Fully re-locatable throughout the UK
• Excellent links to M25 and London transport infrastructure |
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• Further expansion into lucrative marketplace
• Website development
• Direct involvement within fun gaming market
• Business development activity
• Sub-contacting elements of manufacturing process
• Increased focus on margins
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• Vendors wish to concentrate on alternative business interests |
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Is this a home-based business? |
No |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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• Office hours Monday to Friday
• Weekends as contracts dictate
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• Two vendors
• One full time staff member in the workshop
• One part time financial and clerical support
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