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CV025-Bespoke Designer & Manufacturer of Wireless Handcrafted Audio Systems and Custom Made Speakers

Asking Price: GBP 251000
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Business Location: United Kingdom » Relocatable » West of Ireland / Relocatable 
Category: Manufacturing » Electronic & Electrical Equip.
Description:
Bespoke Designer & Manufacturer of Wireless Handcrafted Audio Systems and Custom Made Speakers
Confidentially offered for sale
Ref No- CV025
Location: West of Ireland / Relocatable
Asking Price: £251,000

Established 1999, this company specialises in the research and development, design and manufacture of a range of high quality wired speakers and sub-woofers, plus discrete in-wall and in-ceiling products and powerful high definiton wireless audio systems. The products are bold in terms of design and technology and create a statement wherever they are installed.

The company has established a reputation for combining cutting edge design with superior audio performance throughout its extensive product range.

The wired range of speakers have received accolades in a wide range of audio and design publications and have been selected to feature in movies and in celebrity owned hotels.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: na
Year Established: 1999
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 6
Reasons for selling:
The vendor started the company from scratch and he now considers that the time is right for a purchaser to bring this business up to its next operating level, he has stated he would be happy to remain on a full time basis or as a consultant.
Market competition and expansion:
The company has an excellent website providing details regarding company products provided. Marketing activities include product reviews, PR, advertising, trade show attendance, dealer and distributor details and high quality sales literature. A high proportion of the business's revenue has been due to its excellent reputation for quality and service and the practice regards its existing clients as its best advertisers. Along with this there is a constant ongoing review of where they need to be in a changing market and creative advertising is used regularly to keep them in the front of new potential clients.
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