Business Sales

7
Jul

SOLD – Marine Engineering Company, Cornwall – Marketing Price £45,000

Established 1975 – first time on the market Fully equipped workshops on harbour quay Agencies held for well-known marine engines Reluctantly for sale for health reasons – much work turned away Major harbour redevelopment plans Price reflects need for early sale

30
Jun

SOLD – Prontaprint Franchise, Hampshire – Marketing Price £60,000

Established and in same ownership 22 years Part of Europe’s largest network Town centre location Excellent customer base and reputation Turnover £187,646 net of V.A.T. (y/e 30.09.04) Gross Profit margin 69.8% Net Profit £41,643 5 days per week operation Premises on 4 floors Lease to 2008 Retirement sale

21
Jun

SOLD – Wholesaler of Organic Fruit & Vegetables, Devon – Marketing Price £300,000

Established 1993 Largest in south west Purchasing from farms & ‘Covent Garden’ Distribution throughout south west Turnover £670,000 p.a. Rapid growth – expected to continue Gross Profit margin 39% Net Profit £211,000 Directors willing to remain part time if required Available for relocation

1
Jun

SOLD – Security Fencing Business, U.K. – Marketing Price £80,000

Established 11 years Operates from home Clients include major contractors & property owners Excellent contacts & reputation Turning some work away (prior to retirement) Single owner. No employed staff No stock Turnover £182,771 (y/e 30.11.03) Gross Profit £68,246 (37.3%) Net Profit £56,798

31
May

SOLD – Suppliers of Garage Doors, Gate Automation & Security Products, Somerset – Marketing Price £350,000

Established 1986 No manufacturing or assembly. Supply & installation only Supplying domestic, commercial & industrial properties Quality customer base – public & private sectors Turnover around £750,000 (projected y/e 31st March 2005) Gross Profit margin 36% Net Profit around £160,000 Excellent staff Large premises with new attractive lease offered

23
May

SOLD – Distributor of Workshop Consumables to Engineers, Garages & Factories, Cornwall/Devon Border – Marketing Price £25,000

Home based business close Plymouth – to relocate Long established with excellent customer base Takings around £125,000 at 37% Gross Profit Customised sign written van Easy hours – scope for growth Retirement sale

6
May

SOLD – Car Sales, Repairs & Maintenance with new M.o.T. Bay plus Trailer Hire & Sales, Cornwall – Marketing Price £50,000

Established business with Turnover approaching £1 million (without M.o.T. Bay) Widespread reputation for service & quality Excellent new 3,000 sq.ft. Premises and ample parking New lease offered Preferential stock purchase scheme One of only 2 garages in Cornwall installing l.p.g. Systems Skilled staff employed