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Business For Sale

Bespoke Designer & Manufacturer Of Wireless Audio

Relocatable, United Kingdom, GB

Recreation: Entertainment

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$490,000
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FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
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225514382

Business for Sale Overview:

Established 1999, this company specializes 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 definition 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. The company has undertaken a six year Research and Development program into wireless audio streaming focused on producing a wireless transmission and amplification system that is reliable, robust, flexible, easy to install and use.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Based in the West of Ireland, the business is run from a new purpose built facility, which is complimented by a state of the art AV showroom incorporating the latest range of products. The property is leasehold and the annual rent is €10,800 per annum. The business is fully relocatable.

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.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • This may become a homebased business opportunity.
  • This may become a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

Resources:

 

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