Business Admin

31
Oct

SOLD – Hydraulic Engineers (Manufacturing Car Wash Systems plus Pressure Washer Sales), Cornwall – Marketing Price £300,000

Long established business continuing to grow 2005 Turnover £431,455. Net Profit over £100,000 Skilled workforce Little owner participation – retirement sale

10
Oct

SOLD – Joinery Business, Devon – Marketing Price £75,000

Established 1993 – strong repeat customer base Turnover £233,150 (y/e 31.03.07) Gross Profit margin 52% Net Profit £78,907 Scope for further development Well equipped workshop Retirement sale Directors willing to assist new owner

15
Aug

SOLD – Photo Shop, Devon – Marketing Price £50,000

Well established in excellent trading position Fast growing town bringing increasing trade Turnover £187,325 (at 53.6% Gross Profit margin) Net Profit over £27,000 with owner working only part time hours Hand over assistance offered if required

28
Jul

SOLD – Equine Products Distribution Business, U.K. – Marketing Price £75,000

Established 1999 K. distributor for unique imported product Small range of other U.K. products Supplying own distributors, retailers & end users in (primarily) the equine market Selling to growth market with product offering substantial benefits from traditional products No staff Small stock value Limited storage space required Turnover £208,000 (y/e 30.11.05) Turnover up 23% in 5 months to 28.02.06 Gross

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30
Jun

SOLD – Industrial Insulation Business, South West – Marketing Price £75,000

Established 12 years in same ownership Insulation of plant & plumbing in factories, processing plants etc. Operates from home (with workshop/stores rented elsewhere) Excellent customer base Currently owner + 1 employee Easily transferrable skills to right person Projected Turnover to 31.08.06 £165,000 Projected Operating Profit to 31.08.06 £60,000 Substantial order book Priced for early sale

30
Jun

SOLD – Manufacture & Supply of Exclusive Parts for Classic Cars also General Engineering, Devon – Marketing Price £75,000

Zeus Engineering Manufacturer of own design products – particularly brake calipers for jaguar & other quality classic cars & timing gear conversion kits 2 timing gear patents Direct sales (not via distributors) General engineering Turnover around £150,000 p.a. (y/e 31.03.05) High Gross Profit margin Net Profit around £64,000 (y/e 31.03.05) 1,500 sq.ft. Leasehold unit Little marketing undertaken Significant customer database

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30
Jun

SOLD – Manufacturer of Polythene Pet Requisites, Somerset – Marketing Price £350,000

Only known manufacturer of product type Much growth potential with both existing & new lines Turnover on target to achieve £294,000 with Net Profit around £79,000 Business not fully exploited Little input by proprietor Substantial freehold factory premises

9
Jun

SOLD – Private Hire Taxi Business, Cornwall – Marketing Price £25,000

Excellent identity logo – three high visibility cars Home operated – but centrally located office available Turnover £83,260 Net Profit £27,771 Reliable repeat trade with some contract work First time on the market Retirement sale

22
May

SOLD – Service Business Serving Property Professionals, Westcountry – Marketing Price £200,000

Conducting personal property searches for solicitors & conveyancers Part of large market-leading nationwide franchise Much inter-trading between franchisee offices Covering most of Somerset, west & north Dorset Turnover £285,000 (y/e 31.03.05). £167,000 in 6 months to 30.09.05 Net Profit £90,000 (y/e 31.03.05) – on course for substantial increase following year Genuine scope to expand Operating from home base (to be

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17
May

SOLD – Taxi & Private Hire Business, Cornwall – Marketing Price £79,500

2 private hire cars plus 2 hackney plated taxis Established 1935 – long standing private hire agreements Turnover on target to be around £90,000 at 76% Gross Profit Projected Net Profit around £55,000 Operated from home. Business to relocate