Business for Sale Overview:
Built around the current Owner’s thirty years’ experience in the industry, this business is one of the oldest established providers of audio equipment to the music industry. Concentrating very much on the ‘professional’ end of the market, this business has a Client list that features some of the biggest international music stars having provided equipment to an array of leading acts as diverse as Depeche Mode, Bob Dylan, Rat Pack, Madness and The Pogues – and at some of the biggest live concerts and festivals worldwide.
The range of hardware this business can supply is the most extensive and modern available including consoles, amps, crossovers, speaker boxes, microphones and monitoring and outboard equipment from most of the leading manufacturers in the world including Shure, L-Acoustics, Lab Gruppen, Denon, DBX, Behringer, Beyer and AKG. Working on UK, European and even Worldwide tours, this business can supply sound equipment from a single microphone up to a full concert arena system and beyond. In addition, the business has access to the very best professional technicians to ensure the optimum results are achieved from the equipment supplied.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
With its extensive stock of equipment stored in a rented warehouse nearby, the business currently operates from a home office environment. Whilst the warehouse facilities almost certainly could be secured by new owners, the operational base will be required to be re-located. With all trading being done remotely – by telephone, e-mail or in person at the offices of production Companies, on-site etc, this will have no impact on its trading position whatsoever.
The current warehouse is secured on an ad hoc rental basis. Including a small workshop facility for the maintenance equipment the warehouse is approximately 4,500 square feet in all. Rent is £10,200 per annum including Rates and electricity.
Market Competition and Expansion:
Whilst the business has a regular display ad in the most influential trade directory within the industry, the name, having been a consistent presence within the sector for over thirty years already benefits from significant trade awareness. What pro-active marketing is undertaken, is generally limited to direct approaches to Production Offices at the early stages of their event planning.
The business also has a very well designed and informative website that performs very well in all the major search engines for relevant search terms but by far the most effective form of marketing for the business is the strong word of mouth recommendation the business enjoys – testimony to its outstanding reputation within the music and entertainment industry.
Reason for Selling:
owner wishes to ease himself into retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.