Description:

Leasehold Premises

Asking price includes:

Current turnover circa £115,000 per annum
Current Gross Profits circa £80,000 per annum
Production, editing, creative capabilities
Enviable client base
Trusted and respected name
Excellent operating margins
Company website
Goodwill

Business profile:

This business specialises in creating quality multimedia and broadcast promotional video productions for clients that are powerful, versatile and inexpensive marketing tools.

Experts in high end production and with in depth knowledge of the industry, this business offers a scope of works from concept to completion that is second to none, and has now become the preferred supplier to an extremely impressive client profile, achieving the best results for client's budgets. The business works with a wide range of customers across many industries, building long-term relationships based on trust, reliability and support.

Fast, creative and flexible the business delivers the highest quality products and service, be it a movie, DVD or a 30-second commercial. A comprehensive media library is held, which enables client immediate access to their projects, whether it is for redistribution or otherwise.

Key Strengths:

This company responds positively to client requests. Over the years it has achieved a high level of self sufficiency, giving competitive pricing and fast turnaround. Growth is based on first class client satisfaction; projects commissioned are always kept within budget. There is a good future order book with several lucrative contracts in place. A network of industry experts including highly coveted film crew, stills photographers, art directors and graphic designers is in place.

Growth and Expansion:

The opportunities for the expansion and growth of this business are far reaching. There is an excellent client database in place, which is ripe for future development.

Premises:

The business operates from leasehold premises with offices and well equipped studios. Rental is on a rolling monthly basis with rent and rates combined circa £9,000 per annum.

Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover for the year 2011 is circa £115,000. Gross Profits are circa £80,000 per annum.
Employees:

The vendor is ably assisted by an equally knowledgeable development manager. Excellent creative and technical teams are hired on a 'when required' basis, keeping overheads low.

Reason for Sale:

The vendor is considering other opportunities. Following the sale he is happy to provide a full handover period to ensure a smooth transition of ownership. He is also open to discussion on remaining with the company on a paid part time basis, should the new owner require him to do so.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

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Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk