SOLD : Manufacturer of Pneumatic Comfort Systems
- Produces high quality ergonomic seating components, air cells and lumber supports plus bespoke products for specific customer needs
- Manufacturing carried out in U.K. and in China
- Growth to date has centred on the office furniture manufacturing industry but much scope now being explored in the medical (wheelchairs, etc.) and entertainment (audience/spectator seating) sectors and direct to end users
- Highly developed ‘value’ systems have definite scope for a wide range of adaptations into many and varied markets
- Impressive, loyal and growing customer base who fully appreciate the level of service provided
- Currently 90% of sales in U.K. and 10% in mainland Europe (mostly in Germany) but now increasing European trade and expanding into North America
- Significant innovation, design and development undertaken
- Valuable product patents held and trademarks registered
- Only 3 employees plus Managing Director (agency workers used as required for U.K. manufacturing)
- No marketing expenditure – relying on commission only sales agents, repeat orders, reputation and word of mouth and a sales and marketing alliance with a large UK office chair component supplier
- Ideal and very well equipped business premises with considerable capacity to facilitate growth
- Business available with existing premises or on a relocation basis if preferred
- Retirement sale (and owner emigrating to Australia)
MARKETING PRICE : OFFERS AROUND £640,000
