Established over 10 years ago this is a successful retail security and labelling company. It provides a range of security solutions to independent retailers and large, national retailers; mainly Electronic Article Surveillance (circa 85% of turnover), and also CCTV services and labelling. It has the sole distribution rights of Electronic Article Surveillance (EAS) systems in the UK.
One of the key benefits of this business is the ongoing income that is generated from the sale of the consumables and accessories, and the fact that the majority of customers are under lease agreements. Current sales of consumables/accessories generates approximately £700,000 per annum, and these income streams would continue for a number of years even if all sales and marketing activities were to cease.
The company has developed strong relationships with manufacturers around the world. These partnerships ensure that new products can be designed and manufactured to meet client requirements, both in a timely fashion and also at low cost. The business is also continually developing new products to meet the changing needs of retail security, and operates across the UK. They have an excellent reputation in the market place with long standing relationships with clients, suppliers and trade associations. Much of their business is from referral. The vendors firmly believe that a synergistic buyer could benefit enormously by offering additional resources to enable further growth. Its recent success in the National retail sector makes this company even more attractive for its future revenue prospects.
Projected turnover to March 2011 £1.4m, net profit £200k.
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