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JE016 -Vinyl Record Manufacturing Company

Asking Price: GBP 250000
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Business Location: United Kingdom » City of London » North London 
Category: Manufacturing » Miscellaneous
Description:
Vinyl Record Manufacturing Company
Ref.JE016
Location North London
Asking Price £250,000
This unique Manufacturing business has developed a large niche over the years. Originally started in 2004 as a partnership, the current owner re-established the operation under a new company name, on the same site, in 2009. The business press 1.5 Million units per annum increasing to 3 Million per annum on double shift operation, the products are distributed to clients in both the U.K. and Europe.

The industry produces over 80 million units per annum and this business is in a very strong position for future growth and development with limited competition.

The business is unique in the marketplace, by having the facilities to record and master on-site, before transfer to the production plant in adjacent units. With a great reputation for flexible service, and fast turn-around for orders of all sizes, the company is the one of choice for a number of record labels of all sizes through-out the U.K. and Europe.

The operation is grouped across 4 units on one light industrial park in North London. Currently production is run daily on a single shift. However, there is capacity to increase to a 24 hour shift pattern, which would increase efficiency as well as output, turn-over and profit margin.

The business is able to fulfil smaller orders via an established website with automated on-line ordering. This offers customers the ability to upload audio tracks and artwork to the website for full vinyl production
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
696000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 2004
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 08
No of trading hours: Monday – Friday: 8:00 am – 6:00 pm
Reasons for selling:
After many years building the company from scratch, the vendor has lost his original passion for the business, and feels it could thrive under new ownership. He has other interests which require more focus on a day to day basis.
Market competition and expansion:
The company held a re-launch night, and invited many past and present clients to a good PR evening. The advertising now is now mostly web based, with the website gaining very high natural rankings on the major search engines. There is a real opportunity for a new owner to expand the marketing and gain new business.
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