Business description

We are pleased to offer for sale the assets of this long established business which our client is placing on the market (vendor is over 70 y.o.a) as he wishes to retire.

The business was founded over 25 years ago and taken over by the vendors in 2003 as an ideal add on to the other companies within their group.

They manufacture and supply a wide range of electronic weather stations, monitors, displays & data loggers together with a variety of sensors for wind direction & speed, rainfall, temperature and sunshine duration. Standalone rain, sunshine and wind speed & direction display units. There is also an after sales element to the business offering spares and repairs for existing units although this only represents about 5% of the total turnover.

Their customer base is varied, ranging from farming and leisure through to industrial and marine applications as well as schools, Government agencies and amateur weather enthusiasts.

New developments are currently underway with a major water company and a wind turbine manufacturer.

In addition to their existing customer base new product sales are generated via their websites.
www.instromet.co.uk, www.weathermonitoring, www.weathermonitors.co.uk.
Interested parties can obtain further information on the products by visiting these websites which are currently being updated.

SUMMARY
We believe this business could suit an existing manufacturing company that is looking to acquire new product ranges together with all the necessary plant and equipment.
Alternatively, it could suit anyone seeking an easy to run small business with the potential for growth especially in light of the growing interest in ECO friendly wind turbines and concerns about global warming.

STAFF
Day to day management of the business is carried out by the vendors on a part-time basis plus four staff – 2 x assembly workers, 1 technical manager and a general manager.

TRAINING
The vendors are happy to supply training to interested parties, the exact nature of this would be by negotiation at the appropriate stage of the sale process.

FINANCIAL DETAILS
On application to the vendors.

ITEMS INCLUDED IN SALE
• Registered Trade Marks
• “Instromet” , “Aqualogic”,”Met4Net”
• Catalogue details.
• Web-sites and domain names.
• Finished goods and work in progress stock.
• Plant and equipment plus ancillaries
• Manufacturing data – hardware & software

Property information

Location:

This specialist weather station manufacturing business is currently run from the above industrial unit with a storage/production area of approximately 1,500 square feet. However, because of the nature of the business we feel that it would be easy to relocate and run from anywhere within the UK. Interested parties should note that premises are not currently included within the sale and that a new lease would be by separate negotiation with the landlord.

Other information

Support & training:

As required from the vendors

Reasons for selling:

Retirement

Trading hours:

Monday to Friday 8.30am to 5.00pm