Business description

• Long term customer base with high % repeat business
• Innovative product line
• Strong gross margins
• In-house manufacturing capability
• Established import supply lines for key products

This highly regarded business was formed by its founder in 1980 and specialises in lighting and visual effects for the entertainment, display and architectural sectors throughout the UK and in the EU. Operating from a manufacturing and supply base in East London, the company supplies a host of blue chip clients with lighting products tailored to their particular requirements. It has the capability to design and fabricate one-off specialist lighting concepts in addition to a range of standard products. The established name and reputation would enable sales to grow from their existing base and open doors for the acquirer in this market.

Property information

Property:

Leasehold

Lease terms:

New lease to be negotiated with owners

Leasehold rent:

£15,000 per annum

Location:

East London. Self-contained wharehouse and manufacturing unit in residential area.

Size in square feet:

Approx 4,000

Other information

Support & training:

Most key staff will transfer with the business and a handover period will be arranged for training.

Reasons for selling:

Family bereavement

Trading hours:

Monday-Friday normal business hours

Inventory / Stock value:

£100,000 (included in the asking price)