This home-based, internet-based business has established a leading position in the supply of computers capable of supporting multiple display connections, display arrays and monitors. The business has annual sales in excess of £400k generating profits, before owner’s drawings, of nearly £100k per annum. The owner wishes to sell the business to move onto other, unassociated, projects.
The business, established in 2008 assembles specialist PC’s capable of running multiple screens (usually from 2 to 8) as ‘traditionally’ used by financial traders and increasingly by accountants, gamers etc.
The PC’s are usually supplied with an appropriate stand and monitors. All 3 components are also sold separately.
The level of expertise required is not great and the vendor is confident that he will be able to train the new owner to a basic level of expertise in under a week. About the only tool required is a screwdriver and he uses a single garage as his workshop and a garden building for administration and testing.
2 websites are responsible for generating business – the main website and a subsidiary website selling stands only. Both are highly ranked on Google for the appropriate keywords.
The business has an excellent reputation as evidenced by regular testimonials and also has potential to grow by targeting other sectors which are known to use multi-screen machines.
Sales in the last financial year were £428k producing a gross margin of c 30% and £93k before drawings. Performance for the current financial year is expected to be at a similar level. Almost all customers pay ‘upfront’ so there are very few trade debtors.
The Guide Price for 100% of the shares is £TBC and the balance sheet on Completion will be debt free cash free. The owner will provide full handover support including training and will also be available for up to 6 months by phone/email to assist as required.