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Finance And Services:

Sold. Manufacturer Of Equestrian & Agricultural Equipment

LISTING DETAILS
Firms For Sale ID:
34907
Vendor reference:
GE096
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£70,000  
Turnover / revenue:
£145,000
Net profit / cashflow:
£48,000
Years established:
15
Trading hours:
Usual office hours are Monday Thursday: 8.30am 5pm
Number of employees:
2
Employees / staffing:
The business along with the vendor employs two part time fabricators who also mange deliveries.

OTHER DETAILS
Reason for selling:
The vendor wishes to retire.
Support and training:
The vendor is happy to provide support and training for a negotiated period.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Manufacturer of Equestrian & Agricultural Equipment
For use in Arenas and Menages
Private Customers & Commercial Clients
Ref. GE096
Location : N E Somerset Relocatable
Asking Price : GBP 70,000 plus SAV
This well known and respected business was founded by the vendor in 1961 initially as a motor mechanic and general engineering company and over the last 15 years, has come to specialise in the design and manufacture of equipment for the grooming and management of menages and arenas for equestrian sports and training.
The company has developed a range of arena levellers for all surface types and is very price competitive. All are simple and practical to use, with no awkward adjustments or settings to use. A small range of pasture management equipment is also manufactured, for assisting with the maintenance of horse pasture and small holder’s land.
The business current state is one where the vendor is suffering from ill health and is limited in the ability to manage the business in the longer term. There is a strong order book and the operations of the business are easily relocated.

Market / Competition / Non-Competition Agreements
The company has an excellent website providing details on the range of and applications; it also highlight some of the major names in the Equestrian sector that have relied upon this companys products

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and the business regards its existing clients and partners as its best advertisers, maintaining an impressive database of high net worth individuals, whilst continuing to attract new referrals and recommendations.