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	<title>Hornblower Business - Business Brokers UK</title>
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	<link>http://hornblower-businesses.co.uk</link>
	<description>UK Business Brokers</description>
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		<title>Domestic Housekeeping Business for sale</title>
		<link>http://hornblower-businesses.co.uk/domestic-housekeeping-business-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/domestic-housekeeping-business-for-sale/#comments</comments>
		<pubDate>Wed, 09 May 2012 18:42:41 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1250</guid>
		<description><![CDATA[Business overview &#160; –      Outstanding opportunity to acquire a profitable and growing domestic housekeeping business, based in London. &#160; –      This is a premium end housekeeping business with a niche service offering, top level hourly rates and an exclusive, high &#8230; <a href="http://hornblower-businesses.co.uk/domestic-housekeeping-business-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<div>
<p><strong>Business overview </strong></p>
<p>&nbsp;</p>
<p>–      Outstanding opportunity to acquire a profitable and growing domestic housekeeping business, based in London.</p>
<p>&nbsp;</p>
<p>–      This is a premium end housekeeping business with a niche service offering, top level hourly rates and an exclusive, high net worth client base.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>–      The business has delivered strong growth over the past 2 years despite the current economic climate and achieves an EBITDA in excess of 23%.</p>
<p>&nbsp;</p>
<p>–      The business has developed an extremely loyal client base, evenly spread with no one client representing more than 9.8% of the revenue.</p>
<p>&nbsp;</p>
<p>–      The company services 47 clients on monthly contract</p>
<p>&nbsp;</p>
<p>–      The company has paid particular attention to recruiting and employing well presented, nicely spoken and polite staff who themselves are able to develop a friendly rapport with the clients.</p>
<p>&nbsp;</p>
<p>–      This business would be of particular interest to another domestic cleaning and/or housekeeping company, looking for a strategic acquisition to add to their portfolio.</p>
<p>&nbsp;</p>
<p>–      The sale also represents an ideal opportunity for an individual looking for a new challenge to acquire an established business which has marketing presence, operational processes and financial systems already in place.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>Products and Services</strong></p>
<p>&nbsp;</p>
<p>–      Regular housekeeping services include:</p>
<p>&nbsp;</p>
</div>
<p>&nbsp;</p>
<div>
<ul>
<li>Laundry and dry cleaning</li>
<li>Ironing</li>
<li>Packing and unpacking</li>
<li>Silver polishing</li>
<li>Flower arranging</li>
<li>Grocery shopping</li>
<li>Arrival setting-up</li>
<li>Carpet and Upholstery Cleaning</li>
<li>Window cleaning</li>
<li>Gardening</li>
<li>Vacant property maintenance</li>
</ul>
</div>
<p>&nbsp;</p>
<p><strong>        </strong></p>
<p><strong>Employees</strong>:<strong></strong></p>
<p>&nbsp;</p>
<p>-        1 director (vendor) + 1 office manager + 15 housekeeping staff <strong></strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong>Premises</strong>:<strong></strong></p>
<p>&nbsp;</p>
<p>-        The business operates from a leased office.</p>
<p>&nbsp;</p>
<p>-        Rent: £13,780 per annual + rates and utilities, Notice period: 1 month</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong>Reason for sale</strong>:</p>
<p>&nbsp;</p>
<p>-        The owner wishes to focus on family priorities.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>Financial overview</strong></p>
<p>&nbsp;</p>
<table width="413" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="179"><em>Year End:<br />
31st July</em></td>
<td width="117">
<p align="right"><em>2011-12 Annualised</em></p>
</td>
<td width="117">
<p align="right"><em>2011-12<br />
8 months<br />
to 31st March</em></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="179"><strong>Sales revenue</strong></td>
<td nowrap="nowrap" width="117">
<p align="right"><strong>£251,936</strong></p>
</td>
<td nowrap="nowrap" width="117">
<p align="right"><strong>£167,957</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="179"><strong>Gross Profit</strong></td>
<td nowrap="nowrap" width="117">
<p align="right"><strong>£127,712</strong></p>
</td>
<td nowrap="nowrap" width="117">
<p align="right"><strong>£85,141</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="179">
<p align="right"><em>Percentage</em></p>
</td>
<td nowrap="nowrap" width="117">
<p align="right">51%</p>
</td>
<td nowrap="nowrap" width="117">
<p align="right">51%</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="179">Expenditure</td>
<td nowrap="nowrap" width="117">
<p align="right">£58,149</p>
</td>
<td nowrap="nowrap" width="117">
<p align="right">£38,766</p>
</td>
</tr>
<tr>
<td width="179"><strong>Adjusted EBITDA</strong></td>
<td nowrap="nowrap" width="117">
<p align="right"><strong>£56,718</strong></p>
</td>
<td nowrap="nowrap" width="117">
<p align="right"><strong>£37,812</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="179">
<p align="right"><em>Percentage</em></p>
</td>
<td nowrap="nowrap" width="117">
<p align="right">23%</p>
</td>
<td nowrap="nowrap" width="117">
<p align="right">23%</p>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>The adjusted EBITDA is stated after having paid the replacement cost of the vendors.</p>
<p>&nbsp;</p>
<p>Significant synergy savings of £19.7k are possible through consolidation of the premises and other administrative costs. Based on the 2011-12 figures, this would enable the strategic buyer to achieve an <strong>EBITDA of £76.5k</strong>.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>IT Support and Consultancy Company for sale &#8211; MAC specialists</title>
		<link>http://hornblower-businesses.co.uk/it-support-and-consultancy-company-for-sale-mac-specialists/</link>
		<comments>http://hornblower-businesses.co.uk/it-support-and-consultancy-company-for-sale-mac-specialists/#comments</comments>
		<pubDate>Mon, 30 Apr 2012 16:50:38 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1240</guid>
		<description><![CDATA[Business overview &#160; –      Outstanding opportunity to acquire a highly profitable and growing IT support and consultancy company specialising in MAC support, based in central London. &#160; –      The business has delivered steady growth over the past 4 years and &#8230; <a href="http://hornblower-businesses.co.uk/it-support-and-consultancy-company-for-sale-mac-specialists/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><strong>Business overview </strong></p>
<p>&nbsp;</p>
<p>–      Outstanding opportunity to acquire a highly profitable and growing IT support and consultancy company specialising in MAC support, based in central London.</p>
<p>&nbsp;</p>
<p>–      The business has delivered steady growth over the past 4 years and achieves 17% net profit.</p>
<p>&nbsp;</p>
<p>–      Established in 2005, the business has developed an extremely loyal client base which is evenly spread with no one client representing more than 12% of the revenue.</p>
<p>&nbsp;</p>
<p>–      Over 90% of current business is from the existing client base which includes media, architectural, retail, fashion and finance sector clients.</p>
<p>&nbsp;</p>
<p>–      37% of revenue is recurring generated from 53 clients who have IT support and/or managed service contracts and make regular monthly payments. 72% of the total revenue is generated by those customers on IT support and/or managed service contracts.</p>
<p>&nbsp;</p>
<p>–      The business has a well defined brand and unique service offering in what is a crowded market sector: focused on medium sized businesses in the creative sector.</p>
<p>&nbsp;</p>
<p>–      The business employs a team who can run the business day to day with minimal input from the vendor, who is focused on business development and sales.</p>
<p>&nbsp;</p>
<p>–      This business would be of particular interest to other IT support companies that are looking for a strategic acquisition to add to their portfolio. Significant synergy savings are possible for such buyers who already have a base in London/South East UK.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>Products and Services</strong></p>
<p>&nbsp;</p>
<p>–      The business offers IT support services on a business to business basis including:</p>
<p>&nbsp;</p>
<ul>
<li>IT support and maintenance contracts</li>
<li>Managed services (including email hosting, offsite backup, broadband)</li>
<li>Consultancy projects</li>
<li>Hardware and software sales</li>
<li>VoIP telecoms (recently introduced)</li>
</ul>
<p>&nbsp;</p>
<p>–      The company offers consultancy tailored for the SME/medium sized market predominantly in the creative sector. However more recently there have been increasing opportunities outside of the traditional sectors.</p>
<p align="center"><strong>            </strong></p>
<p><strong> </strong></p>
<p><strong>Employees</strong>:<strong></strong></p>
<p>&nbsp;</p>
<p>-        1 director (vendor) + 2 office admin + 8 engineers + 1 part time consultant + 1 part time book keeper<strong></strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong>Premises</strong>:<strong></strong></p>
<p>&nbsp;</p>
<p>-        The business operates from a leased office.</p>
<p>&nbsp;</p>
<p>-        Rent: £16,260 per year + Rates: £2,748, 3 month notice period</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong>Reason for sale</strong>:</p>
<p>&nbsp;</p>
<p>-        After seven years, the director is pleased to have built the business to its current size, but feels that the business would now strongly benefit from being part of a larger organisation with the infrastructure to manage a growing team and client base.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>Financial overview</strong></p>
<p>&nbsp;</p>
<table width="588" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td nowrap="nowrap" width="132"><em>YE: 31st March</em></td>
<td nowrap="nowrap" width="89">
<p align="right"><em>2007-08</em></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><em>2008-09</em></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><em>2009-10</em></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><em>2010-11</em></p>
</td>
<td width="100">
<p align="right"><em>2011-12<br />
Mgt Accts</em></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="132"><strong>Sales revenue</strong></td>
<td nowrap="nowrap" width="89">
<p align="right"><strong>£501,165</strong></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><strong>£450,998</strong></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><strong>£726,258</strong></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><strong>£1,203,652</strong></p>
</td>
<td nowrap="nowrap" width="100">
<p align="right"><strong>£1,568,152</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="132">Gross Profit</td>
<td nowrap="nowrap" width="89">
<p align="right">£256,940</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">£305,294</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">£396,876</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">£581,561</p>
</td>
<td nowrap="nowrap" width="100">
<p align="right">£779,106</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="132">
<p align="right"><em>Percentage</em></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">51%</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">68%</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">55%</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">48%</p>
</td>
<td nowrap="nowrap" width="100">
<p align="right">50%</p>
</td>
</tr>
<tr>
<td width="132"><strong>Adjusted EBITDA</strong></td>
<td nowrap="nowrap" width="89">
<p align="right"><strong>£122,989</strong></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><strong>£109,702</strong></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><strong>£156,290</strong></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right"><strong>£223,285</strong></p>
</td>
<td nowrap="nowrap" width="100">
<p align="right"><strong>£268,925</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="132">
<p align="right"><em>Percentage</em></p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">25%</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">24%</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">22%</p>
</td>
<td nowrap="nowrap" width="89">
<p align="right">19%</p>
</td>
<td nowrap="nowrap" width="100">
<p align="right">17%</p>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>The adjusted EBITDA is stated after having paid the replacement cost of the vendor.</p>
<p>&nbsp;</p>
<p>Significant synergy savings of £54k are possible through consolidation of the premises and other administrative costs. Based on the 2010-11 figures, this would enable the strategic buyer to achieve an <strong>EBITDA of £323k</strong>.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
]]></content:encoded>
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		</item>
		<item>
		<title>Art Gallery &amp; Consultancy for sale</title>
		<link>http://hornblower-businesses.co.uk/art-gallery-consultancy-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/art-gallery-consultancy-for-sale/#comments</comments>
		<pubDate>Wed, 04 Apr 2012 11:59:21 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Retail and Restaurants For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1232</guid>
		<description><![CDATA[Business overview &#160; –      Opportunity to acquire a very well established and successful Art Gallery together with a retail shop, which sells a range of Art and Sculptures, together with related Giftware. &#160; –      The Gallery regularly holds a variety &#8230; <a href="http://hornblower-businesses.co.uk/art-gallery-consultancy-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      Opportunity to acquire a very well established and successful Art Gallery together with a retail shop, which sells a range of Art and Sculptures, together with related Giftware.</p>
<p>&nbsp;</p>
<p>–      The Gallery regularly holds a variety of Art exhibitions, often by well- known and up and coming Artists, and focused on contemporary Art.</p>
<p>&nbsp;</p>
<p>–      The consultancy side of the business offers an Art sourcing service for a wide range of private and business clients.</p>
<p>&nbsp;</p>
<p>–      The Gallery is based in a good location in the centre of an attractive busy town in the South East UK, and has an attractive two storey Gallery and Exhibition space.</p>
<p>&nbsp;</p>
<p>–      The Gallery is well known both locally and across the UK, has a strong brand name, identity and reputation, and a strong relationship with top UK selling Artists.</p>
<p>&nbsp;</p>
<p>–      A number of good tangible growth opportunities have been identified, building on the existing core business, which the present owner has not maximized.</p>
<p>&nbsp;</p>
<p align="center">           <strong>        </strong><strong> </strong><strong></strong></p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The founding owner, who is an Artist, is moving on to focus on other personal interests, and now wishes to realise their investment in the Gallery.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="508" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="129"><em>Year End:</em></td>
<td rowspan="2" nowrap="nowrap" width="95">
<p align="right"><em>2010</em></p>
</td>
<td rowspan="2" nowrap="nowrap" width="95">
<p align="right"><em>2011</em></p>
</td>
<td nowrap="nowrap" width="95">
<p align="right"><em>2012</em></p>
</td>
<td width="95">
<p align="right"><em>2013</em></p>
</td>
</tr>
<tr>
<td width="129"><em>31st April</em></td>
<td nowrap="nowrap" width="95">
<p align="right"><em>Forecast</em></p>
</td>
<td width="95">
<p align="right"><em>Forecast</em></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="129">Sales revenue</td>
<td nowrap="nowrap" width="95">
<p align="right">£154,344</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">£173,190</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">£180,000</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">£200,000</p>
</td>
</tr>
<tr>
<td width="129">Gross Profit</td>
<td nowrap="nowrap" width="95">
<p align="right">£81,125</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">£81,566</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">£85,000</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">£95,000</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="129">
<p align="right"><em>Percentage</em></p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">53%</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">47%</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">47%</p>
</td>
<td nowrap="nowrap" width="95">
<p align="right">48%</p>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
]]></content:encoded>
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		</item>
		<item>
		<title>PR Agency for sale</title>
		<link>http://hornblower-businesses.co.uk/pr-agency-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/pr-agency-for-sale/#comments</comments>
		<pubDate>Wed, 04 Apr 2012 10:46:34 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1228</guid>
		<description><![CDATA[Business overview &#160; –      Outstanding opportunity to acquire a successful PR consultancy, based on the south coast of theUK, focused on the travel and tourism market. &#160; –      The business has delivered consistently strong growth over the past 4 years &#8230; <a href="http://hornblower-businesses.co.uk/pr-agency-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<div>
<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      Outstanding opportunity to acquire a successful PR consultancy, based on the south coast of theUK, focused on the travel and tourism market.</p>
<p>&nbsp;</p>
<p>–      The business has delivered consistently strong growth over the past 4 years despite the recession and achieves an EBITDA in excess of 30%.</p>
<p>&nbsp;</p>
<p>–      Established in 2003, the business has developed an extremely loyal client base, evenly spread with no one client representing more than 13% of the revenue.</p>
<p>&nbsp;</p>
<p>–      As of March 2012 the company services 10 clients on monthly contract. These recurring fees represent c. 90% of the total revenue which is very good in the PR sector.</p>
<p>&nbsp;</p>
<p>–      Over 90% of current business is from the existing client base (those on monthly contracts), which leaves room for the business to expand through additional marketing/PR activities as well as leveraging a trade or adjacent trade buyer’s existing client base.</p>
<p>&nbsp;</p>
<p>–      The business is able to offer its services across theUKand internationally and most employees are members of the recognised trade institution, the CIPR. Clients include travel companies and large hotel groups from around the world.</p>
<p>&nbsp;</p>
<p>–      The company has maintained a strategy of growing and training its team despite the slower growth in the last 2 years, and now has a loyal, experienced team of personnel in place and ready to take on the 40% growth seen in 2011.</p>
<p>&nbsp;</p>
<p>–      This business would be of particular interest to other PR agencies that are looking for a strategic acquisition to add to their portfolio. Significant synergy savings are possible for such buyers who already have a base on the South Coast (UK).           <strong> </strong><strong>        </strong></p>
<p><strong><br clear="all" /></strong></p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–      The PR consultancy builds its clients revenues through creating positive media coverage in theUK,Irelandand for some clients theUSA. Services include:</p>
<p>&nbsp;</p>
</div>
<div>
<p>-       PR campaigns</p>
<p>-       Press office</p>
<p>-       Press trips</p>
<p>-       Promotions</p>
<p>-       Launches</p>
<p>-       Event promotion</p>
</div>
<h2></h2>
<p>-       Online media coverage for SEO and social media advice</p>
<p>&nbsp;</p>
<p>–      The agency offers PR consultancy tailored for the travel and tourism market.</p>
<p><strong>           </strong></p>
<h2>Employees:<strong></strong></h2>
<p>&nbsp;</p>
<p>-        2 directors (vendors) + 4 staff<strong></strong></p>
<p><strong> </strong></p>
<h2>Premises:<strong></strong></h2>
<p>&nbsp;</p>
<p>-        The business operates from a leased office.</p>
<p>-        Rent: £11,000 per year including rates and utilities, Renewal: April 2013</p>
<p><strong> </strong></p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The vendors wish to concentrate on other unrelated projects.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="493" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="163"><em>Year End:<br />
31st December</em></td>
<td nowrap="nowrap" width="83">
<p align="right"><em>2008</em></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right"><em>2009</em></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right"><em>2010</em></p>
</td>
<td width="83">
<p align="right"><em>2011<br />
Mgt Accts</em></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="163"><strong>Sales revenue</strong></td>
<td nowrap="nowrap" width="83">
<p align="right"><strong>£109,204</strong></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right"><strong>£126,546</strong></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right"><strong>£161,265</strong></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right"><strong>£226,746</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="163">Expenditure</td>
<td nowrap="nowrap" width="83">
<p align="right">£80,532</p>
</td>
<td nowrap="nowrap" width="83">
<p align="right">£104,314</p>
</td>
<td nowrap="nowrap" width="83">
<p align="right">£126,654</p>
</td>
<td nowrap="nowrap" width="83">
<p align="right">£154,248</p>
</td>
</tr>
<tr>
<td width="163"><strong>Adjusted EBITDA</strong></td>
<td nowrap="nowrap" width="83">
<p align="right"><strong>£28,672</strong></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right"><strong>£22,232</strong></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right"><strong>£34,611</strong></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right"><strong>£72,497</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="163">
<p align="right"><em>Percentage</em></p>
</td>
<td nowrap="nowrap" width="83">
<p align="right">26%</p>
</td>
<td nowrap="nowrap" width="83">
<p align="right">18%</p>
</td>
<td nowrap="nowrap" width="83">
<p align="right">21%</p>
</td>
<td nowrap="nowrap" width="83">
<p align="right">32%</p>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>The adjusted EBITDA is stated before having paid the replacement cost of the vendors which is estimated to be £40k.</p>
<p>&nbsp;</p>
<p>Significant synergy savings of £16.6k are possible through consolidation of the premises and other administrative costs. Based on the 2011 figures, this would enable the strategic buyer to achieve an <strong>EBITDA of £89k</strong>.</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
]]></content:encoded>
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		</item>
		<item>
		<title>Software development &amp; contracting, IT support and IT contracting</title>
		<link>http://hornblower-businesses.co.uk/software-development-contracting-it-support-and-it-contracting/</link>
		<comments>http://hornblower-businesses.co.uk/software-development-contracting-it-support-and-it-contracting/#comments</comments>
		<pubDate>Mon, 19 Mar 2012 13:21:56 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1223</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[]]></content:encoded>
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		</item>
		<item>
		<title>Plant Maintenance, Civil Engineering &amp; Fabrication Company for sale</title>
		<link>http://hornblower-businesses.co.uk/plant-maintenance-civil-engineering-fabrication-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/plant-maintenance-civil-engineering-fabrication-company-for-sale/#comments</comments>
		<pubDate>Thu, 16 Feb 2012 15:21:59 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Engineering For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1132</guid>
		<description><![CDATA[Business overview &#160; –      An outstanding opportunity to acquire a highly profitable and growing Plant Maintenance, Civil Engineering and Fabrication Company. &#160; –      The company has developed niche market in the area of aggregate and civil engineering plant repair, maintenance &#8230; <a href="http://hornblower-businesses.co.uk/plant-maintenance-civil-engineering-fabrication-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      An outstanding opportunity to acquire a highly profitable and growing Plant Maintenance, Civil Engineering and Fabrication Company.</p>
<p>&nbsp;</p>
<p>–      The company has developed niche market in the area of aggregate and civil engineering plant repair, maintenance and installation. Its top clients are all blue-chip companies in the aggregates and civil engineering markets.</p>
<p>&nbsp;</p>
<p>–      Off the back of this, the company offers metal fabrication expertise and capability and groundwork preparation for the plant installations.</p>
<p>&nbsp;</p>
<p>–      The company has also designed and developed products for the construction industry, for which it has created a high level of demand.</p>
<p>&nbsp;</p>
<p>–      The business has sales, financial and projects systems and a management team in place that enables operations to run day-to-day without the direct involvement of the vendor.</p>
<p>&nbsp;</p>
<p>–      Despite a minor dip in sales during 2008-09, the business has delivered steady growth in revenue and profits over the last 5 years. Sales have increased by 30% in two of the last 5 years and 13% in the last year to October 2011.</p>
<p>&nbsp;</p>
<p>-        Circa 90% of the business is recurrent work from the existing client base, which leaves significant potential for the new buyer to expand the business through re-invigorated marketing.</p>
<p>&nbsp;</p>
<p>-        The company operates from one location the on the South CoastUK.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<ul>
<li>Plant maintenance and repair</li>
<li>Plant installation and erection</li>
<li>Plant Dismantling</li>
<li>Civil engineering and groundwork preparation</li>
<li>Workshop fabrication and specialist welding</li>
<li>Onsite fabrication, installation and erection</li>
</ul>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Employees:</h2>
<p>&nbsp;</p>
<p>–      1 director + 18 staff including 1 commercial manager, 1 operations manager and 1 sales executive</p>
<p>&nbsp;</p>
<p>–      The company puts an emphasis on staff training and health and safety and is “Safe Contractor Approved”</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Premises:</h2>
<p>&nbsp;</p>
<p>–      Leasehold premises onSouth CoastUK</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>–      To allow the director to focus on other unrelated projects.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p><strong> </strong></p>
<table width="587" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="133"><em>Year ending </em></p>
<p><em>31st October</em></td>
<td nowrap="nowrap" width="91">
<p align="right"><em>2006-07</em></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><em>2007-08</em></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><em>2008-09</em></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><em>2009-10</em></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><em>2010-11</em></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="133"><strong>Sales revenue</strong></td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£1,095,119</strong></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£1,424,218</strong></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£1,324,269</strong></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£1,753,962</strong></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£1,988,178</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="133">Gross profit</td>
<td nowrap="nowrap" width="91">
<p align="right">£751,019</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">£988,973</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">£898,149</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">£1,035,802</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">£1,140,590</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="133">
<p align="right"><em>Percentage</em></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">69%</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">69%</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">68%</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">59%</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">57%</p>
</td>
</tr>
<tr>
<td width="133"><strong>Adjusted EBITDA</strong></td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£122,470</strong></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£168,408</strong></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£134,806</strong></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£269,322</strong></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right"><strong>£256,352</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="133">
<p align="right"><em>Percentage</em></p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">11%</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">12%</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">10%</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">15%</p>
</td>
<td nowrap="nowrap" width="91">
<p align="right">13%</p>
</td>
</tr>
</tbody>
</table>
<p><strong> </strong></p>
<p>The adjusted EBITDA is after having deducted the cost of replacing the director.</p>
<p>&nbsp;</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h6>Offers invited for company sale</h6>
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		<item>
		<title>Insurance intermediary &#8211; standard motor / home / travel</title>
		<link>http://hornblower-businesses.co.uk/insurance-intermediary-standard-motor-home-travel/</link>
		<comments>http://hornblower-businesses.co.uk/insurance-intermediary-standard-motor-home-travel/#comments</comments>
		<pubDate>Tue, 31 Jan 2012 18:42:42 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1121</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[]]></content:encoded>
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		</item>
		<item>
		<title>HB0355 – Photographic &amp; Retouching Agency for Sale</title>
		<link>http://hornblower-businesses.co.uk/hb0355-photographic-retouching-agency-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hb0355-photographic-retouching-agency-for-sale/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 19:05:47 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1114</guid>
		<description><![CDATA[Business overview   –      Outstanding opportunity to acquire a highly successful professional Photographic  Agency with an exceptional client base and significant growth potential. &#160; –      Established in 2003, the business has developed an extremely loyal client base of over 25 &#8230; <a href="http://hornblower-businesses.co.uk/hb0355-photographic-retouching-agency-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p><strong> </strong></p>
<p>–      Outstanding opportunity to acquire a highly successful professional Photographic  Agency with an exceptional client base and significant growth potential.</p>
<p>&nbsp;</p>
<p>–      Established in 2003, the business has developed an extremely loyal client base of over 25 clients, most of whom are global brands and/or household names including high street retailers, fashion houses and banks.</p>
<p>&nbsp;</p>
<p>–      The business provides a range of photographic services to its diverse client base and has a robust annual diary of regular work from a range of blue chip clients.</p>
<p>&nbsp;</p>
<p>–      The leasehold premises are situated in a highly accessible London location and comprise two main studios, various retouching suites and with additional meeting and client areas. Total space c.2500 sq ft. There is also a mobile studio for location use and an on-site client studio.</p>
<p>&nbsp;</p>
<p>–      The majority of the business’ current clients are on rolling annual contracts with 6 month notice periods and the majority of the client relationships are long standing with a rolling annual pattern of regular work.</p>
<p>&nbsp;</p>
<p>–      The business has been largely unaffected by the economic downturn and delivered 8% growth in the financial year 2010/11 and is on track for similar growth in 20011/12 with projected revenue of £506,000.</p>
<p>&nbsp;</p>
<p>–      The business delivers high gross margins in excess of 85% and manages its overheads very effectively to yield a consistent pre-adjusted net profit in excess of 35%.</p>
<p>&nbsp;</p>
<p>–      The business has maintained its position of providing a quality service at an appropriate price rather than reducing its pricing structure to drive sales volume in the economic downturn.</p>
<p>&nbsp;</p>
<p>–      Projected gross margin for 2011/12 is £443,000 and projected pre-adjusted net profit is £190,000.</p>
<p>&nbsp;</p>
<p>–      The business has historically made no business development effort and has relied solely on word of mouth and referrals from existing clients. There is therefore significant potential to develop the business proactively, particularly in light of the exceptional portfolio of current clients.</p>
<p>&nbsp;</p>
<p>–      The business has 5 full time employees not including the owners, plus 3 freelance staff and 2 recently appointed commission only sales agents. The staff team are managed by an overall manager and potential successor for the leadership of the business who already has a position of overall authority.</p>
<p>–      Whilst one of the principal shareholders of the business is still involved in the photographic project side of the business, there is no dependency on the current owners for the maintenance of client relationships and most of this responsibility is already delegated to the staff team.</p>
<p>&nbsp;</p>
<p>–      This business could be of particular interest to either larger photographic or full service media agencies that could benefit from the existing contracted recurring revenues, or to investors who are looking for an opportunity to take on a well established and profitable business with an excellent client base but with significant growth potential.</p>
<p><strong> </strong></p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="548" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td nowrap="nowrap" width="152"><em>YE: 31st March</em></td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right"><em>2009 </em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="94">
<p align="right"><em>2010 </em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right"><em>2011 </em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="95">
<p align="center"><em>2012 (forec)</em></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="152"><strong>Sales revenue</strong></td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right">£452,331</p>
</td>
<td valign="bottom" nowrap="nowrap" width="94">
<p align="right">£432,720</p>
</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right">£468,311</p>
</td>
<td valign="bottom" nowrap="nowrap" width="95">
<p align="right">£506,804</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="152">Gross Profit</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right">£396,250</p>
</td>
<td valign="bottom" nowrap="nowrap" width="94">
<p align="right">£373,525</p>
</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right">£404,924</p>
</td>
<td valign="bottom" nowrap="nowrap" width="95">
<p align="right">£443,718</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="152">
<p align="right"><em>Percentage</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right"><em>88%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="94">
<p align="right"><em>86%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right"><em>86%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="95">
<p align="right"><em>88%</em></p>
</td>
</tr>
<tr>
<td width="152"><strong>Adjusted EBITDA</strong></td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right"><strong>£150,654</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="94">
<p align="right"><strong>£141,270</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right"><strong>£162,538</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="95">
<p align="right"><strong>£193,492</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="152">
<p align="right"><em>Percentage</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right"><em>33%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="94">
<p align="right"><em>33%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="104">
<p align="right"><em>35%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="95">
<p align="right"><em>38%</em></p>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>The adjusted EBITDA is stated after adding a replacement cost for the two directors.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Reasons for Sale</h2>
<p>&nbsp;</p>
<p>There are two principal shareholders of the business and one wishes to enter full retirement and the other wishes to pursue other interests outside of the field of photography.</p>
<p>&nbsp;</p>
<p>Despite the strong succession plan the owners would want to facilitate a smooth transition of the business into new ownership and would be happy to commit to a handover period on terms to be agreed and would not exclude the possibility of on-going consultancy work if this was required by the buyer.</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
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		<item>
		<title>HC0009 &#8211; Aerospace Engineering Company for sale</title>
		<link>http://hornblower-businesses.co.uk/hc0009-aerospace-engineering-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hc0009-aerospace-engineering-company-for-sale/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 17:03:09 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Engineering For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1078</guid>
		<description><![CDATA[Business overview &#160; –      An outstanding opportunity to acquire a highly successful precision engineering, heat treatment and coatings company with a niche specialism in aerospace and industrial turbine components. &#160; –      The company has developed specialist skills in the repair &#8230; <a href="http://hornblower-businesses.co.uk/hc0009-aerospace-engineering-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      An outstanding opportunity to acquire a highly successful precision engineering, heat treatment and coatings company with a niche specialism in aerospace and industrial turbine components.</p>
<p>&nbsp;</p>
<p>–      The company has developed specialist skills in the repair and remanufacture of highly complex turbine components with the capability to machine, coat and heat treat complex profiles within extremely tight tolerances, all in house.</p>
<p>&nbsp;</p>
<p>–      The company is unique in this sector in the UK and the selected supplier for two major players in the turbine manufacturing and repair industry with long term contracts in place. It is also an approved supplier for three other blue-chip companies in the turbine engine market and therefore is well positioned to win business with other turbine manufacturers worldwide.</p>
<p>&nbsp;</p>
<p>–      The business has achieved significant growth in the last two to three years with strong profitability and cash generation despite the current economic climate.</p>
<p>&nbsp;</p>
<p>-        Circa 90% of the business is recurrent work from the existing client base, which leaves significant potential for the new buyer to expand the business through re-invigorated sales and marketing activities.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>-        The company is capable of repairing and remanufacturing 90% of the precision components that are required in a gas turbine engine, whether military aircraft or industrial.</p>
<p>&nbsp;</p>
<p>-        Parts are delivered to the company in ‘dirty state’; the company then triages them according to the level of repair required and then carries out the necessary cleaning machining, heat treatment and re-coating operations for delivery back to the customer.</p>
<p>&nbsp;</p>
<p>-        All operations, except for one or two coating types, are performed in house by the company, thus representing a ‘one stop shop’ for the company’s customers.</p>
<p>&nbsp;</p>
<p>-        The company is ISO 9001 and ISO 14001 approved.</p>
<p>&nbsp;</p>
<p><strong><br clear="all" /> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Employees:</h2>
<p>The owner + management team of 9 staff + 15 qualified engineers + 52 machine operators/fitters and non-skilled staff, a total of 76 employees.</p>
<p>&nbsp;</p>
<h2>Premises:</h2>
<p>Leasehold premises in Scotland</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>The owner wishes to retire within a few years and is looking to relinquish overall responsibility for the business. He is however open to staying on in a management capacity for some time to come subject to agreed terms.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p><strong> </strong></p>
<table width="379" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="190"><em>Year ending 30<sup>th</sup>   June</em></td>
<td width="94">
<p align="right"><em>2009-10</em></p>
</td>
<td width="94">
<p align="right"><em>2010-11</em></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="190">Sales revenue</td>
<td width="94">
<p align="right">£5.7m</p>
</td>
<td width="94">
<p align="right">£6.4m</p>
</td>
</tr>
<tr>
<td width="190">Adjusted EBITDA</td>
<td width="94">
<p align="right">£2.0m</p>
</td>
<td width="94">
<p align="right">£2.5m</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="190">
<p align="right"><em>Percentage</em></p>
</td>
<td width="94">
<p align="right"><em>35%</em></p>
</td>
<td width="94">
<p align="right"><em>39%</em></p>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited for company sale</h6>
]]></content:encoded>
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		<title>Specialist Telecommunications Provider for sale</title>
		<link>http://hornblower-businesses.co.uk/specialist-telecommunications-provider-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/specialist-telecommunications-provider-for-sale/#comments</comments>
		<pubDate>Fri, 25 Nov 2011 10:29:26 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1063</guid>
		<description><![CDATA[Business overview   –      Outstanding opportunity to acquire a highly successful specialist telecommunications provider with an almost exclusively blue chip client base and significant growth potential. &#160; –      Established in 2005, the business has developed an extremely loyal client base &#8230; <a href="http://hornblower-businesses.co.uk/specialist-telecommunications-provider-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p><strong> </strong></p>
<p>–      Outstanding opportunity to acquire a highly successful specialist telecommunications provider with an almost exclusively blue chip client base and significant growth potential.</p>
<p>&nbsp;</p>
<p>–      Established in 2005, the business has developed an extremely loyal client base of over 28 clients, most of whom are global brands and/or household names including building societies, airlines, consulting firms and recruitment companies. No one client accounts for more than 25% of revenue.</p>
<p>&nbsp;</p>
<p>–      The business provides GSM gateways and a range of complementary products which carry a current 1.2 million minutes of landline to mobile call traffic per month.</p>
<p>&nbsp;</p>
<p>–      There are currently an additional 1.6m monthly call minutes under discussion in the sales pipeline to potential new clients.</p>
<p>&nbsp;</p>
<p>–      The proposition of the business is to guarantee a cost saving of approximately 50%  to its clients on all phone calls from the client’s phone network to all to mobile phones.</p>
<p>&nbsp;</p>
<p>–      The majority of the businesses current clients are on 2 year fixed contracts</p>
<p>&nbsp;</p>
<p>–      The business has delivered a consistent c. £330,000 revenue per year for the last two years with a reduction to £249,500 in 2011 year largely due to the lack of business development effort and the loss of a small number of clients due to reasons beyond the control of the company. The business is now projected to achieve significant growth in 2012 to projected sales of £464,000 due to already committed orders from the existing customer base and a healthy new business pipeline.</p>
<p>&nbsp;</p>
<p>–      One new client alone has committed in January 2012 to a two year fixed contract which guarantees revenues of £156,000 and a gross profit of £42,000 in 2012 from this one client alone.</p>
<p>&nbsp;</p>
<p>–      The business achieved a £161,000 net profit (49%) in the financial year to November 2010 and adjusted projected net profit to November 2011 is £142,381. Projected adjusted net profit for 2012 is £229,000.</p>
<p>&nbsp;</p>
<p>–      The business has a well defined brand and an excellent website which ranks highly on appropriate Google searches.</p>
<p>&nbsp;</p>
<p>–      The business does not have any costly infrastructure and is completely portable.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>–      This business should be of particular interest to either larger telecommunications or IT providers who could benefit from the existing contracted recurring revenues or to investors who are looking for an opportunity to take on a completely portable business with a solid platform of recurring revenue.</p>
<p>&nbsp;</p>
<p>–      The business has no employees and has only relied on a small range of outsourced services to develop business through digital media.</p>
<p><strong> </strong></p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="579" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td nowrap="nowrap" width="132"><em>YE:   31st May</em></td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>2008 </em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>2009 </em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>2010 </em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>2011 </em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="center"><em>2012 (forec)</em></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="132"><strong>Sales   revenue</strong></td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£326,052</p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£330,395</p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£330,020</p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£249,500</p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£464,000</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="132">Gross   Profit</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£187,947</p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£188,478</p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£179,291</p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£122,285</p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right">£208,800</p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="132">
<p align="right"><em>Percentage</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>58%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>57%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>54%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>49%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>45%</em></p>
</td>
</tr>
<tr>
<td width="132"><strong>Adjusted   EBITDA</strong></td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><strong>£173,053</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><strong>£172,703</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><strong>£203,055</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><strong>£142,381</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><strong>£228,896</strong></p>
</td>
</tr>
<tr>
<td nowrap="nowrap" width="132">
<p align="right"><em>Percentage</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>53%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>52%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>62%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>57%</em></p>
</td>
<td valign="bottom" nowrap="nowrap" width="89">
<p align="right"><em>50%</em></p>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>Note: The adjusted EBITDA above is higher than the gross profit due to:</p>
<p>(i)            one of the adjustments being a major replaceable cost which has historically been charged to Direct Costs and:</p>
<p>(ii)           the relatively low proportion of other operating overheads.</p>
<p><strong> </strong></p>
<p>&nbsp;</p>
<h2>Reasons for Sale</h2>
<p>&nbsp;</p>
<p>The business is now at the stage of potentially significant growth due in part to some current clients wanting to realise further savings and roll out the businesses services into a larger proportion of their estates. The current owner’s perception is that the full potential of the business would be better realised by either a company already in the Telecommunications or IT sector who could drive and support the growth, or by an individual/team who wanted to move the business onto a more commercial footing.</p>
<p>&nbsp;</p>
<p>The owners plan was always to take business to the stage that it is now with the minimum infrastructure and being able to operate from home which was a considered lifestyle decision. He now wishes to exit the business and concentrate on other unrelated projects.</p>
<p>&nbsp;</p>
<p>The owner would want to facilitate a smooth transition of the business into new ownership and would be happy to commit to a handover period of the business including continuing to close new current pipeline business if this was required.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
<h6></h6>
<h2><span style="color: #000000;"><br />
</span></h2>
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		<title>Equestrian Retail Business for sale</title>
		<link>http://hornblower-businesses.co.uk/equestrian-retail-business-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/equestrian-retail-business-for-sale/#comments</comments>
		<pubDate>Sun, 30 Oct 2011 22:19:00 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Retail and Restaurants For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1049</guid>
		<description><![CDATA[Business overview -       Outstanding opportunity to acquire an extremely successful Equestrian retail operation, based at the southern end of the Cotswolds. -       The business has delivered significant growth since it was established in 1982, &#38; has developed an extremely loyal &#8230; <a href="http://hornblower-businesses.co.uk/equestrian-retail-business-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>-       Outstanding opportunity to acquire an extremely successful Equestrian retail operation, based at the southern end of the Cotswolds.</p>
<p>-       The business has delivered significant growth since it was established in 1982, &amp; has developed an extremely loyal customer base that has allowed it to achieve steady performance in recent years.   In the year ended 31<sup>st</sup> May 2011 it achieved in excess 42% gross profit, a marginal improvement on the previous year.</p>
<p>-       The business would be of particular interest to individuals &amp; companies in the equestrian sector, from existing companies wishing to diversify or expand coverage, to individuals who have always nursed an ambition to turn their passion for horses into a ready-made established business opportunity.</p>
<p>-       Significant synergy savings are possible for existing companies in the equestrian sector by reason of increased buying power &amp; centralised admin etc.</p>
<p><strong> </strong></p>
<h2>Products and Services</h2>
<p>-       The shop stocks a full range of leading brands of equestrian products, clothing &amp; footwear, plus giftware</p>
<p>-       It offers an unrivalled saddle fitting &amp; supply service, using fully qualified staff who have undertaken full apprenticeships</p>
<p>-       There are regular marketing activities throughout the year offering promotions &amp; special offers</p>
<p>-       There is a comprehensive web-site, which could be upgraded to offer web-based sales</p>
<p>&nbsp;</p>
<h2>Premises</h2>
<p>-       3,740 square feet of retail space on the ground-floor, with another 3,740 square feet on the first floor, currently surplus to requirements, but which offers great scope for expansion. Ample parking facilities outside</p>
<p>-       There is also storage &amp; covered parking for staff at the rear of the building included in the lease</p>
<p>-       Rent : <strong>£30,000 per annum</strong></p>
<p>-       Rates : <strong>£8,306 per annum</strong></p>
<p>-       Service Charge : <strong>None</strong></p>
<p>-       Lease : 10-years, due for renewal on 1<sup>st</sup> June 2012</p>
<p>-       Break Clause : at 5 years with Rent Review at that point in time</p>
<h2><strong><br clear="all" /> </strong></h2>
<h2>Employees</h2>
<p>-       3 full-time retail sales staff plus 3 fully qualified saddlers &amp; 1 apprentice saddler.   Between them, the staff have a huge range of expertise &amp; many years experience.</p>
<p>-       The business is owned by an owner/manager, &amp; his wife is the full-time administrator, who is responsible for all admin &amp; accounts</p>
<p><strong> </strong></p>
<h2>Reason for sale:</h2>
<p>-       The vendor wish to semi-retire in order to concentrate more on his training activities, both here in the UK &amp; in Europe, &amp; also to develop the new business in Cirencester.</p>
<p><strong> </strong></p>
<h2>Financial overview</h2>
<p><strong> </strong></p>
<table width="492" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td nowrap="nowrap" width="152">
<p align="center"><em>Year End: 31st May</em></p>
</td>
<td nowrap="nowrap" width="85">
<p align="center"><em>2007-08</em></p>
</td>
<td nowrap="nowrap" width="85">
<p align="center"><em>2008-09</em></p>
</td>
<td nowrap="nowrap" width="85">
<p align="center"><em>2009-10</em></p>
</td>
<td nowrap="nowrap" width="85">
<p align="center"><em>2010-11</em></p>
</td>
</tr>
<tr>
<td valign="bottom" nowrap="nowrap" width="152"><strong>Sales revenue</strong></td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right"><strong>£649,220</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right"><strong>£625,319</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right"><strong>£638,533</strong></p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right"><strong>£584,034</strong></p>
</td>
</tr>
<tr>
<td valign="bottom" nowrap="nowrap" width="152">Gross Profit</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right">£242,578</p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right">£270,560</p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right">£263,820</p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right">£243,047</p>
</td>
</tr>
<tr>
<td valign="bottom" nowrap="nowrap" width="152"><em>Percentage</em></td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right">37%</p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right">43%</p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right">41%</p>
</td>
<td valign="bottom" nowrap="nowrap" width="85">
<p align="right">42%</p>
</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>Margins are good for the sector, with average mark-ups of 68% added onto cost prices, except for special cases such as 10% discounts for pony club members etc</p>
<p>&nbsp;</p>
<h6>Asking Price : £75,000</h6>
<h6></h6>
<h2></h2>
<p>&nbsp;</p>
]]></content:encoded>
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		<title>IT Support and Consultancy Company for sale</title>
		<link>http://hornblower-businesses.co.uk/it-support-and-consultancy-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/it-support-and-consultancy-company-for-sale/#comments</comments>
		<pubDate>Fri, 28 Oct 2011 17:13:56 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1041</guid>
		<description><![CDATA[Business overview &#160; –        Outstanding opportunity to acquire a highly successful IT support and solutions provider, based in Nottingham. &#160; –        The business has delivered steady growth over the past 4 years with YOY growth of 33% to May 2011. &#8230; <a href="http://hornblower-businesses.co.uk/it-support-and-consultancy-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–        Outstanding opportunity to acquire a highly successful IT support and solutions provider, based in Nottingham.</p>
<p>&nbsp;</p>
<p>–        The business has delivered steady growth over the past 4 years with YOY growth of 33% to May 2011.</p>
<p>&nbsp;</p>
<p>–        Gross Profit margins are increasing significantly due to the consistent take on of new support clients and an increasing volume of project work. Gross Profit in the year to May 2011 was 52% and is now 62% year to date.</p>
<p>&nbsp;</p>
<p>–        The business achieved a 25% net profit in the year to May 2011.</p>
<p>&nbsp;</p>
<p>–        Established in 2002, the business has developed an extremely loyal client base of over 95 clients with no one client representing more than 15% of the revenue.</p>
<p>&nbsp;</p>
<p>–        The client base is evenly spread and includes law firms, accountants, medical/pharmacy, estate agents, design &amp; media, publishing, marketing and fashion sector clients.</p>
<p>&nbsp;</p>
<p>–        30% of current revenue (c.£20,000 per month) is generated from 55 clients who have IT support contracts and make regular monthly payments. Support contracts are annual rolling contracts. The business is currently taking on an average of 3 new support clients a month.</p>
<p>&nbsp;</p>
<p>–        The business has a well defined brand and highly regarded service offering. It is one of the only companies in the Midlands with Microsoft Gold accreditation for Virtualization and has an integrated partnership with Microsoft working on joint business development activity for Virtualization and Cloud based solutions.</p>
<p>&nbsp;</p>
<p>–        The company has recently undertaken a change programme to strengthen all of the core business processes to enable and sustain aggressive growth.</p>
<p>&nbsp;</p>
<p>–        The business employs a team who can run the business day to day with minimal input from the vendors which is now restricted only to project work. There is a head of department for each key business function and a natural successor to step up and lead the business if this appointment was not going to be made by the buyer.</p>
<p>&nbsp;</p>
<p>–        The business has a highly regarded website and is extremely high on Google search rankings.</p>
<p>&nbsp;</p>
<p>–        This business would be of particular interest to other IT support companies that are looking for a strategic acquisition to add to their portfolio. Significant synergy savings are possible for such buyers who already have a base in the Midlands.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–        The business offers IT support services on a business to business basis including:</p>
<p>&nbsp;</p>
<ul>
<li>Support/maintenance contracts</li>
<li>Consultancy/Network re-engineering projects</li>
<li>Managed services (including email hosting and back-up systems) &amp; bespoke cloud offering</li>
<li>Hardware and software sales</li>
</ul>
<p>&nbsp;</p>
<h2></h2>
<h2>Employees:<strong> </strong></h2>
<p>&nbsp;</p>
<p>-        2 directors (vendors) + 1 Business Development Director, 1 Helpdesk Manager, 1 Senior Field Engineer, 1 Senior Systems (internal) Engineer, 1 Telesales operative, 1 Office admin/accounts manager <strong> </strong></p>
<p>&nbsp;</p>
<h2></h2>
<h2>Premises:<strong> </strong></h2>
<p>&nbsp;</p>
<p>-        The business operates from a 3900 sq ft leased office.</p>
<p>&nbsp;</p>
<p>-        Rent: £17,500 per year, Rates: £9,740 per year, Renewal: June 2020</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The vendors wish to concentrate on other unrelated projects.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="579" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="132"><em>YE: 31st May</em></td>
<td valign="bottom" width="89"><em>2008 </em></td>
<td valign="bottom" width="89"><em>2009 </em></td>
<td valign="bottom" width="89"><em>2010 </em></td>
<td valign="bottom" width="89"><em>2011 </em></td>
<td valign="bottom" width="89"><em>2012 (forec)</em></td>
</tr>
<tr>
<td width="132"><strong>Sales revenue</strong></td>
<td valign="bottom" width="89">£466,662</td>
<td valign="bottom" width="89">£528,809</td>
<td valign="bottom" width="89">£571,050</td>
<td valign="bottom" width="89">£758,897</td>
<td valign="bottom" width="89">£818,564</td>
</tr>
<tr>
<td width="132">Gross Profit</td>
<td valign="bottom" width="89">£207,083</td>
<td valign="bottom" width="89">£239,129</td>
<td valign="bottom" width="89">£307,808</td>
<td valign="bottom" width="89">£397,997</td>
<td valign="bottom" width="89">£553,564</td>
</tr>
<tr>
<td width="132"><em>Percentage</em></td>
<td valign="bottom" width="89"><em>44%</em></td>
<td valign="bottom" width="89"><em>45%</em></td>
<td valign="bottom" width="89"><em>54%</em></td>
<td valign="bottom" width="89"><em>52%</em></td>
<td valign="bottom" width="89"><em>68%</em></td>
</tr>
<tr>
<td width="132"><strong>Adjusted EBITDA</strong></td>
<td valign="bottom" width="89"><strong>£95,127</strong></td>
<td valign="bottom" width="89"><strong>£92,713</strong></td>
<td valign="bottom" width="89"><strong>£152,083</strong></td>
<td valign="bottom" width="89"><strong>£192,724</strong></td>
<td valign="bottom" width="89"><strong>£304,483</strong></td>
</tr>
<tr>
<td width="132"><em>Percentage</em></td>
<td valign="bottom" width="89"><em>20%</em></td>
<td valign="bottom" width="89"><em>18%</em></td>
<td valign="bottom" width="89"><em>27%</em></td>
<td valign="bottom" width="89"><em>25%</em></td>
<td valign="bottom" width="89"><em>33%</em></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>The adjusted EBITDA is stated after including the replacement cost of the vendors.</p>
<p>&nbsp;</p>
<p>Further potential synergy savings of £38k (and a projected £48k for 2011-12) are possible through consolidation of the premises and other administrative costs. These further adjustments would give rise to an adjusted <strong>EBITDA of £231k in 2010-11 and £353k in 2011-12).</strong></p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
<p>&nbsp;</p>
]]></content:encoded>
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		</item>
		<item>
		<title>HB0205 &#8211; Precision Engineering Company for Sale</title>
		<link>http://hornblower-businesses.co.uk/hb0205-precision-engineering-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hb0205-precision-engineering-company-for-sale/#comments</comments>
		<pubDate>Fri, 07 Oct 2011 15:31:37 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Engineering For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=1012</guid>
		<description><![CDATA[Business overview &#160; –        An outstanding opportunity to acquire a highly successful CNC and precision engineering company with a niche specialism in analytical instrumentation and laboratory equipment. &#160; –        The company has developed specialist skills in the production of highly &#8230; <a href="http://hornblower-businesses.co.uk/hb0205-precision-engineering-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–        An outstanding opportunity to acquire a highly successful CNC and precision engineering company with a niche specialism in analytical instrumentation and laboratory equipment.</p>
<p>&nbsp;</p>
<p>–        The company has developed specialist skills in the production of highly complex components with the capability to machine, coat and heat treat complex profiles within extremely tight tolerances.</p>
<p>&nbsp;</p>
<p>–        The company operates within the niche market of analytical instrumentation and laboratory equipment; it also undertakes work for the aerospace, defence and motorsport customers.</p>
<p>&nbsp;</p>
<p>–        The company focuses on batch production of components to customers&#8217; delivery schedules and Kan-Ban call-off, and has developed an outstanding reputation for quality of workmanship and customer care.</p>
<p>&nbsp;</p>
<p>–        Despite a dip in sales during 2008 and 2009, the business is experiencing a significant growth with strong profitability and cash generation. Sales in the financial year 2010-11 surpassed levels seen prior to the recession and the business is on track to achieve sales of £1.2m in 2011-12.</p>
<p>&nbsp;</p>
<p>-        Circa 90% of the business is recurrent work from the existing client base, which leaves significant potential for the new buyer to expand the business through re-invigorated marketing.</p>
<p>&nbsp;</p>
<p>-        The company operates from one location the West Midlands UK.</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>-        The company produces highly complex precision engineered components using a range of materials including Stainless Steels, Aluminium Alloys and polymers.</p>
<p>&nbsp;</p>
<p>-        The company places a priority on delivering quality first time and operates quality Management System in accordance with BS EN ISO 9001-2008.</p>
<p>&nbsp;</p>
<h2>Employees:</h2>
<p>- 2 directors + 22 staff including 2 team leaders, 11 skilled engineers, 10 machine operators, 1 quality/admin and 1 store man/driver.<strong> </strong></p>
<p>&nbsp;</p>
<h2>Premises:</h2>
<p>- Leasehold premises in West Midlands UK</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>- To allow one of the two directors to retire. The operations director is however open to staying on in a management capacity for some time to come subject to agreed terms.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="332" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="167"><em>Year ending 31st March</em></td>
<td width="83"><em>2010-11</em></td>
<td width="83"><em>2011-12<br />
Forecast</em></td>
</tr>
<tr>
<td width="167"><strong>Sales revenue</strong></td>
<td width="83"><strong>£918,129</strong></td>
<td width="83"><strong>£1,263,680</strong></td>
</tr>
<tr>
<td width="167">Gross profit</td>
<td width="83">£337,265</td>
<td width="83">£501,096</td>
</tr>
<tr>
<td width="167"><em>Percentage</em></td>
<td width="83">37%</td>
<td width="83">40%</td>
</tr>
<tr>
<td width="167"><strong>Adjusted EBITDA</strong></td>
<td width="83"><strong>£140,560</strong></td>
<td width="83"><strong>£286,605</strong></td>
</tr>
<tr>
<td width="167"><em>Percentage</em></td>
<td width="83">15%</td>
<td width="83">23%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<h6>Offers invited for company sale</h6>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
]]></content:encoded>
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		<item>
		<title>HB0137 – Accountancy Practice for sale</title>
		<link>http://hornblower-businesses.co.uk/hb0137-%e2%80%93-accountancy-practice-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hb0137-%e2%80%93-accountancy-practice-for-sale/#comments</comments>
		<pubDate>Fri, 30 Sep 2011 11:39:53 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=997</guid>
		<description><![CDATA[Business overview &#160; –        Outstanding opportunity to acquire a successful accountancy practice based in London. &#160; –        Established in 2002, the practice has achieved steady year on year growth in its core accounting services, with Gross Recurring Fees (GRF) of &#8230; <a href="http://hornblower-businesses.co.uk/hb0137-%e2%80%93-accountancy-practice-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–        Outstanding opportunity to acquire a successful accountancy practice based in London.</p>
<p>&nbsp;</p>
<p>–        Established in 2002, the practice has achieved steady year on year growth in its core accounting services, with Gross Recurring Fees (GRF) of £235k.</p>
<p>&nbsp;</p>
<p>–        The practice has a unique service offering to a niche market.</p>
<p>&nbsp;</p>
<p>–        The practice has an established client base of SME’s in London for its accounting services. At the same time the practice has a particular focus on  foreign start-up businesses, international joint ventures, European entrepreneurs as well as global scale operations and investors</p>
<p>&nbsp;</p>
<p>–        The practice has a varied client base with c.170 clients requiring regular accounts, tax and company secretarial services, which account for around 80% of the revenue.</p>
<p>&nbsp;</p>
<p>–        Over 80% of the revenue can be categorised as Gross Recurring Fees (GRF), the remainder being consultancy project work.</p>
<p>&nbsp;</p>
<p>–        The client base is evenly spread with no one client representing more than 11% of the revenue.</p>
<p>&nbsp;</p>
<p>–        The business employs a strong team of experienced individuals who can run projects day to day without direct input from the vendor.</p>
<p>&nbsp;</p>
<p>–        This is an outstanding opportunity for a mid sized accountancy practice looking for a strategic acquisition to add to their portfolio. Significant synergy savings are possible for such buyers who already have a base in London/South East UK.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–        The practice offers high quality pro-active accounting and financial management services to corporate, SME and private individual clients.</p>
<p>&nbsp;</p>
<p>–        The key to its success is its high level of client service underpinned by its systems and processes, which ensures that all clients are dealt with to the same high level.</p>
<p>&nbsp;</p>
<p>–        The practice also offers use of an online accounting software package to its customers.</p>
<p><strong><br />
</strong></p>
<h2>Employees:<strong> </strong></h2>
<p>&nbsp;</p>
<p>-        1 director (vendor) + 1 senior accountant, 2 trainee accountants, 2 bookkeepers.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Premises:<strong> </strong></h2>
<p>&nbsp;</p>
<p>-        The business operates from 1100 sq.ft offices owned by the vendor.</p>
<p>&nbsp;</p>
<p>-        Market equivalent rent, rates and service charge: £43,700 per year.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The vendor wishes to leave accounting and pursue other business interests.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<p>Year ending 30<sup>th</sup> September 2011</p>
<p>&nbsp;</p>
<p>Total revenue:                         £300,000</p>
<p>Gross Recurring Fees:           £235,000</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
<p>&nbsp;</p>
]]></content:encoded>
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		<item>
		<title>Digital Printing Business in London</title>
		<link>http://hornblower-businesses.co.uk/digital-printing-business-in-london/</link>
		<comments>http://hornblower-businesses.co.uk/digital-printing-business-in-london/#comments</comments>
		<pubDate>Mon, 26 Sep 2011 11:54:26 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=991</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[]]></content:encoded>
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		</item>
		<item>
		<title>HB0166 – Hosted Virtual Desktop Company for sale</title>
		<link>http://hornblower-businesses.co.uk/hb0166-%e2%80%93-hosted-virtual-desktop-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hb0166-%e2%80%93-hosted-virtual-desktop-company-for-sale/#comments</comments>
		<pubDate>Fri, 23 Sep 2011 09:14:53 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=983</guid>
		<description><![CDATA[Business overview &#160; –        Outstanding opportunity to acquire a successful Hosted Virtual Desktop company, based in London. &#160; –        The business has delivered steady growth over the past 5 years and achieves 30% net profit. &#160; –        Established in 2005, &#8230; <a href="http://hornblower-businesses.co.uk/hb0166-%e2%80%93-hosted-virtual-desktop-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–        Outstanding opportunity to acquire a successful Hosted Virtual Desktop company, based in London.</p>
<p>&nbsp;</p>
<p>–        The business has delivered steady growth over the past 5 years and achieves 30% net profit.</p>
<p>&nbsp;</p>
<p>–        Established in 2005, the Hosted Virtual Desktop business has developed an extremely loyal client base which is evenly spread with no one client representing more than 8% of the revenue.</p>
<p>&nbsp;</p>
<p>–        95% of the revenue is generated from 42 clients who have online hosting contracts and make regular monthly payments, almost all by Direct Debit.</p>
<p>&nbsp;</p>
<p>–        The business has a well defined brand and unique service offering in what is a crowded market sector: focused on resellers but also selling to end client users.</p>
<p>&nbsp;</p>
<p>–        The business employs a virtual team who can run the business day to day with minimal input from the vendors, who are focused on business development and sales.</p>
<p>&nbsp;</p>
<p>–        This business would be of particular interest to other hosted solutions companies that are looking for a strategic acquisition to add to their portfolio or indeed IT support businesses that are looking to diversify into this area.</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–        The business offers online hosted solutions and support services on a business to business basis including.</p>
<p>&nbsp;</p>
<p>–        The principal product sold is a Hosted Virtual Desktop solution (HVD) which offers a fully featured and mobile desktop experience, made possible by moving all processing, memory and storage from the desktop or the on-premise server to a centralized infrastructure.</p>
<p>&nbsp;</p>
<p>–        Users have a fully functional desktop that can be accessed from anywhere using any internet-connected device. HVD and associated technical support is paid for on a monthly subscription model.</p>
<p>&nbsp;</p>
<p>–        Besides hosted virtual desktops, the company successfully offers virtualisation and hosting of desktop-based applications.</p>
<p>&nbsp;</p>
<p>–        Naturally, HVD is currently among the fastest growing areas in the IT industry.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Employees:<strong> </strong></h2>
<p>&nbsp;</p>
<p>-        2 directors (vendors) + outsourced technical support + outsourced datacentre infrastructure</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Premises:<strong> </strong></h2>
<p>&nbsp;</p>
<p>-        The business operates from a virtual office address, the two directors both working from home.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The vendors wish to concentrate on other unrelated projects.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="341" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="163"><em>YE: 30th Sept</em></td>
<td width="89"><em>2009-10</em></td>
<td width="89"><em>2010-11</em></td>
</tr>
<tr>
<td width="163"><strong>Sales revenue</strong></td>
<td width="89"><strong>£275,343</strong></td>
<td width="89"><strong>£308,289</strong></td>
</tr>
<tr>
<td width="163">Gross Profit</td>
<td width="89">£115,094</td>
<td width="89">£104,763</td>
</tr>
<tr>
<td width="163"><em>Percentage</em></td>
<td width="89">42%</td>
<td width="89">34%</td>
</tr>
<tr>
<td width="163"><strong>EBITDA</strong></td>
<td width="89"><strong>£93,595</strong></td>
<td width="89"><strong>£83,265</strong></td>
</tr>
<tr>
<td width="163"><em>Percentage</em></td>
<td width="89">34%</td>
<td width="89">27%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>Based on the revenue in October 2011 of £29.8k, the vendors expect the total revenue for 2011-12 to be approaching £350k.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
<h2><span style="color: #000000;"><br />
</span></h2>
]]></content:encoded>
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		<item>
		<title>Lettings and block management agencies wanted</title>
		<link>http://hornblower-businesses.co.uk/lettings-and-block-management-agencies-wanted/</link>
		<comments>http://hornblower-businesses.co.uk/lettings-and-block-management-agencies-wanted/#comments</comments>
		<pubDate>Tue, 09 Aug 2011 22:55:39 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=946</guid>
		<description><![CDATA[]]></description>
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		<item>
		<title>Recruitment company for engineering and industrial sectors wanted</title>
		<link>http://hornblower-businesses.co.uk/recruitment-company-for-engineering-and-industrial-sectors-wanted/</link>
		<comments>http://hornblower-businesses.co.uk/recruitment-company-for-engineering-and-industrial-sectors-wanted/#comments</comments>
		<pubDate>Thu, 04 Aug 2011 16:57:39 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=949</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[]]></content:encoded>
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		<item>
		<title>Cable harness and wiring manufacturing Business Wanted</title>
		<link>http://hornblower-businesses.co.uk/cable-harness-and-wiring-manufacturing-business-wanted/</link>
		<comments>http://hornblower-businesses.co.uk/cable-harness-and-wiring-manufacturing-business-wanted/#comments</comments>
		<pubDate>Tue, 02 Aug 2011 06:39:24 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Engineering Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=942</guid>
		<description><![CDATA[]]></description>
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		<item>
		<title>Executive chauffeur businesses wanted</title>
		<link>http://hornblower-businesses.co.uk/executive-chauffeur-businesses-wanted/</link>
		<comments>http://hornblower-businesses.co.uk/executive-chauffeur-businesses-wanted/#comments</comments>
		<pubDate>Fri, 01 Jul 2011 08:04:15 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=925</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[]]></content:encoded>
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		<item>
		<title>HB0174 – Six Equestrian/Saddlery Retail Stores for Sale</title>
		<link>http://hornblower-businesses.co.uk/hb0174-%e2%80%93-equestriansaddlery-retail-stores-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hb0174-%e2%80%93-equestriansaddlery-retail-stores-sale/#comments</comments>
		<pubDate>Wed, 22 Jun 2011 18:31:40 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Retail and Restaurants For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=904</guid>
		<description><![CDATA[Business overview &#160; As a group, the stores represent an opportunity for an experienced retail management team to enter or re-enter this segment of the sporting and outdoor pursuits market. &#160; They may also be of interest to suppliers of &#8230; <a href="http://hornblower-businesses.co.uk/hb0174-%e2%80%93-equestriansaddlery-retail-stores-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<p><strong>Business overview </strong></p>
<p>&nbsp;</p>
<p>As a group, the stores represent an opportunity for an experienced retail management team to enter or re-enter this segment of the sporting and outdoor pursuits market.</p>
<p>&nbsp;</p>
<p>They may also be of interest to suppliers of feeds and/or equestrian equipment keen to extend control of their own channel of retail distribution.</p>
<p>&nbsp;</p>
<p>Or individually they may be attractive to existing saddlers interested in re-locating within their own catchment area.</p>
<p>&nbsp;</p>
<p>The businesses are for sale or are equally open to offers of a merger or joint venture initiative.</p>
<p>&nbsp;</p>
<p>All the stores have traded as saddleries for many years, including prior to acquisition by the present owners, and have built a reputation and goodwill in their local equestrian communities.</p>
<p>&nbsp;</p>
<p>As a result of a business restructuring, these six saddleries are available for sale as a group of as individual businesses in their own right.</p>
<p>&nbsp;</p>
<p>The present owners plan to retain their flagship store and mail order business. They are willing to discuss with new owners distributor agreements and/or concessions of their very popular and well promoted own label products.</p>
<p>&nbsp;</p>
<p><strong> </strong></p>
<p><strong>Premises</strong></p>
<p><strong> </strong></p>
<p>Five stores are leasehold. The freehold to one unit in Scotland is in the same overall group ownership and is for sale with the store. With the agreement of the respective landlord, some premises might be split or shared with other sporting, outdoor pursuit or pets retail businesses.</p>
<p>&nbsp;</p>
<p><strong> </strong></p>
<p><strong>Reason for sale</strong></p>
<p>As a result of a business restructuring.</p>
<p>&nbsp;</p>
<p><strong>Employees</strong></p>
<p>&nbsp;</p>
<p>Each store has an experienced manager.</p>
<p>&nbsp;</p>
<p>The staff are experienced equestrians and possess good knowledge of the products sold.</p>
<p>&nbsp;</p>
<p><strong>Financial overview</strong></p>
<p><strong><br />
</strong></p>
<p><strong> </strong></p>
<table border="1" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="76" valign="top"><strong>Store</strong><strong> </strong></td>
<td width="208" valign="top"><strong>Location</strong><strong> </strong></td>
<td width="85" valign="top"><strong>Sq.ft.</strong><strong> </strong></td>
<td width="94" valign="top"><strong>Expiry</strong><strong> </strong></td>
<td width="123" valign="top"><strong>Sales p.a.</strong><strong> </strong></td>
</tr>
<tr>
<td width="76" valign="top">A</td>
<td width="208" valign="top">Buckinghamshire   (town centre)</td>
<td width="85" valign="top">5,100</td>
<td width="94" valign="top">5/21</td>
<td width="123" valign="top">£345k</td>
</tr>
<tr>
<td width="76" valign="top">B</td>
<td width="208" valign="top">Derbyshire (town centre)&nbsp;</p>
<p>&nbsp;</td>
<td width="85" valign="top">4,000</td>
<td width="94" valign="top">expired</td>
<td width="123" valign="top">£335k</td>
</tr>
<tr>
<td width="76" valign="top">C</td>
<td width="208" valign="top">Yorkshire (town centre)&nbsp;</p>
<p>&nbsp;</td>
<td width="85" valign="top">5,000</td>
<td width="94" valign="top">4/12</td>
<td width="123" valign="top">£215k</td>
</tr>
<tr>
<td width="76" valign="top">D</td>
<td width="208" valign="top">Gloucestershire   (town edge)&nbsp;</p>
<p>&nbsp;</td>
<td width="85" valign="top">4,000</td>
<td width="94" valign="top">3/16</td>
<td width="123" valign="top">£480k</td>
</tr>
<tr>
<td width="76" valign="top">E</td>
<td width="208" valign="top">Scotland     (city off-centre)&nbsp;</p>
<p>&nbsp;</td>
<td width="85" valign="top">5,400</td>
<td width="94" valign="top">1/31</td>
<td width="123" valign="top">£535k</td>
</tr>
<tr>
<td width="76" valign="top">F</td>
<td width="208" valign="top">Scotland     (out of town)&nbsp;</p>
<p>&nbsp;</td>
<td width="85" valign="top">8,000</td>
<td width="94" valign="top">11/21</td>
<td width="123" valign="top">£715k</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<h6>Offers invited</h6>
]]></content:encoded>
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		<item>
		<title>HB0126 – IT Support and Consultancy Company for sale</title>
		<link>http://hornblower-businesses.co.uk/hb0126-%e2%80%93-support-consultancy-company-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hb0126-%e2%80%93-support-consultancy-company-sale/#comments</comments>
		<pubDate>Mon, 23 May 2011 20:27:32 +0000</pubDate>
		<dc:creator>hornblower</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=852</guid>
		<description><![CDATA[Business overview &#160; –        Outstanding opportunity to acquire a successful IT support consultancy, based in central London. &#160; –        The business has delivered steady growth over the past 4 years and achieves 20% net profit. &#160; –        Established in 2003, &#8230; <a href="http://hornblower-businesses.co.uk/hb0126-%e2%80%93-support-consultancy-company-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2><strong>Business overview </strong></h2>
<p>&nbsp;</p>
<p>–        Outstanding opportunity to acquire a successful IT support consultancy, based in central London.</p>
<p>&nbsp;</p>
<p>–        The business has delivered steady growth over the past 4 years and achieves 20% net profit.</p>
<p>&nbsp;</p>
<p>–        Established in 2003, the business has developed an extremely loyal client base which is evenly spread with no one client representing more than 15% of the revenue.</p>
<p>&nbsp;</p>
<p>–        Over 90% of current business is from the existing client base which includes property, architectural, medical, marketing and fashion sector clients.</p>
<p>&nbsp;</p>
<p>–        47% of revenue is generated from 32 clients who have IT support contracts and make regular monthly payments. 90% of revenue is generated by those customers on support contracts.</p>
<p>&nbsp;</p>
<p>–        The business has a well defined brand and unique service offering in what is a crowded market sector: focused on small businesses in a particular area of central London</p>
<p>&nbsp;</p>
<p>–        The business employs a team who can run the business day to day with minimal input from the vendors, who are focused on business development and sales.</p>
<p>&nbsp;</p>
<p>–        This business would be of particular interest to other IT support companies that are looking for a strategic acquisition to add to their portfolio. Significant synergy savings are possible for such buyers who already have a base in London/South East UK.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2><strong>Products and Services</strong></h2>
<p>&nbsp;</p>
<p>–        The business offers IT support services on a business to business basis including:</p>
<p>&nbsp;</p>
<ul>
<li>Support/maintenance contracts</li>
<li>Managed services (including email hosting and back-up systems)</li>
<li>Consultancy projects</li>
<li>Hardware and software sales</li>
</ul>
<p>&nbsp;</p>
<p>–        The company offers consultancy tailored for the SME market.</p>
<p>&nbsp;</p>
<p><strong> </strong></p>
<p><strong>Employees</strong>:</p>
<p>&nbsp;</p>
<p>-        2 directors (vendors) + 1 office admin (part time) + 3 engineers</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p>&nbsp;</p>
<p><strong>Premises</strong>:</p>
<p>&nbsp;</p>
<p>-        The business operates from a leased office.</p>
<p>&nbsp;</p>
<p>-        Rent: £18,000 per year, Rates: £3,845 per year, Renewal: August 2011</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p>&nbsp;</p>
<p><strong>Reason for sale</strong>:</p>
<p>&nbsp;</p>
<p>-        The vendors wish to concentrate on other unrelated projects.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2><strong>Financial overview</strong></h2>
<p>&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="579">
<tbody>
<tr>
<td width="132"><em>YE:   31st March</em></td>
<td width="89"><em>2006-07</em></td>
<td width="89"><em>2007-08</em></td>
<td width="89"><em>2008-09</em></td>
<td width="89"><em>2009-10</em></td>
<td width="89"><em>2010-11</em></td>
</tr>
<tr>
<td width="132"><strong>Sales   revenue</strong></td>
<td width="89"><strong>£253,021</strong></td>
<td width="89"><strong>£370,530</strong></td>
<td width="89"><strong>£417,805</strong></td>
<td width="89"><strong>£486,575</strong></td>
<td width="89"><strong>£464,269</strong></td>
</tr>
<tr>
<td width="132">Gross   Profit</td>
<td width="89">£103,319</td>
<td width="89">£140,284</td>
<td width="89">£170,092</td>
<td width="89">£163,990</td>
<td width="89">£167,743</td>
</tr>
<tr>
<td width="132"><em>Percentage</em></td>
<td width="89">41%</td>
<td width="89">38%</td>
<td width="89">41%</td>
<td width="89">34%</td>
<td width="89">36%</td>
</tr>
<tr>
<td width="132"><strong>Adjusted   EBITDA</strong></td>
<td width="89"><strong>£20,400</strong></td>
<td width="89"><strong>£58,839</strong></td>
<td width="89"><strong>£90,519</strong></td>
<td width="89"><strong>£94,314</strong></td>
<td width="89"><strong>£94,716</strong></td>
</tr>
<tr>
<td width="132"><em>Percentage</em></td>
<td width="89">8%</td>
<td width="89">16%</td>
<td width="89">22%</td>
<td width="89">19%</td>
<td width="89">20%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>The adjusted EBITDA is stated after having paid the replacement cost of the vendors.</p>
<p>&nbsp;</p>
<p>Significant synergy savings of £53k are possible through consolidation of the premises and other administrative costs. Based on the 2010-11 figures, this would enable the strategic buyer to achieve an <strong>EBITDA of £147k</strong>.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
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		<pubDate>Mon, 16 May 2011 03:20:05 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<title>Motorsport/ Aerospace Engineering Company Wanted</title>
		<link>http://hornblower-businesses.co.uk/motorsportaerospace-engineering-company/</link>
		<comments>http://hornblower-businesses.co.uk/motorsportaerospace-engineering-company/#comments</comments>
		<pubDate>Mon, 16 May 2011 03:03:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Engineering Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=654</guid>
		<description><![CDATA[]]></description>
			<content:encoded><![CDATA[]]></content:encoded>
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		</item>
		<item>
		<title>Precision Sheet Metal Company Wanted</title>
		<link>http://hornblower-businesses.co.uk/precision-sheet-metal-company-2/</link>
		<comments>http://hornblower-businesses.co.uk/precision-sheet-metal-company-2/#comments</comments>
		<pubDate>Mon, 16 May 2011 03:01:50 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Engineering Wanted]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=652</guid>
		<description><![CDATA[]]></description>
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		<item>
		<title>HA0155 – IT Support Services Business for sale</title>
		<link>http://hornblower-businesses.co.uk/ha0155-%e2%80%93-it-support-services-business-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/ha0155-%e2%80%93-it-support-services-business-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 03:13:02 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=351</guid>
		<description><![CDATA[Business overview &#160; –      Outstanding opportunity to acquire a successful IT support consultancy, with a niche service offering and loyal client base, based in London. &#160; –      The business has delivered steady revenue over the past 4 years and continues &#8230; <a href="http://hornblower-businesses.co.uk/ha0155-%e2%80%93-it-support-services-business-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2><strong>Business overview </strong></h2>
<p>&nbsp;</p>
<p>–      Outstanding opportunity to acquire a successful IT support consultancy, with a niche service offering and loyal client base, based in London.</p>
<p>&nbsp;</p>
<p>–      The business has delivered steady revenue over the past 4 years and continues to do so despite the current economic climate.</p>
<p>&nbsp;</p>
<p>–      Established in 1999, the business has developed an extremely loyal client base which is evenly spread with no one client representing more than 12% of the revenue.</p>
<p>&nbsp;</p>
<p>–      Over 90% of current business is from the existing client base, which includes media and advertising clients as well as property, travel and interior design sector clients</p>
<p>&nbsp;</p>
<p>–      Over 40% of the revenue is generated from clients who make regular monthly payments under contract</p>
<p>&nbsp;</p>
<p>–      The business has a well defined brand and unique service offering in what is a crowded market sector</p>
<p>&nbsp;</p>
<p>–      The business employs a team who can run the business day to day with minimal input from the vendor, the vendor being focused on business development and sales</p>
<p>&nbsp;</p>
<p>–      This business would be of particular interest to other IT support companies that are looking for a strategic acquisition to add to their portfolio. Significant synergy savings are possible for such buyers who already have a base in London/South East UK.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–      The business offers IT support services on a business to business basis including:</p>
<p>&nbsp;</p>
<ul>
<li>Support/maintenance contracts</li>
<li>Managed services (including email hosting and back-up systems)</li>
<li>Consultancy projects</li>
<li>Hardware and software sales</li>
</ul>
<p>&nbsp;</p>
<p>–      The company offers expertise in both MAC and PC systems and equipment.</p>
<p>&nbsp;</p>
<p><strong><br />
</strong></p>
<h2>Employees:</h2>
<p>&nbsp;</p>
<p>-        1 directors (vendor) + 1 office admin + 1 junior engineer + 5 regular experienced freelance IT consultants<strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Premises:</h2>
<h2></h2>
<p>-        The business operates from a serviced office.</p>
<p>&nbsp;</p>
<p>-        Rent: £7,005 per year, Rates: £1,629 per year, Notice period: 3 months.</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The vendor wishes to concentrate on another unrelated project in the charity sector.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="433">
<tbody>
<tr>
<td width="165" valign="bottom"><em>Year   End: 31st March</em><em> </em></td>
<td width="89" valign="bottom"><em>2007-08</em><em> </em></td>
<td width="89" valign="bottom"><em>2008-09</em><em> </em></td>
<td width="89" valign="bottom"><em>2009-10</em><em> </em></td>
</tr>
<tr>
<td width="165" valign="bottom"><strong>Sales   revenue</strong><strong> </strong></td>
<td width="89" valign="bottom"><strong>£190,904</strong></td>
<td width="89" valign="bottom"><strong>£200,513</strong></td>
<td width="89" valign="bottom"><strong>£181,241</strong></td>
</tr>
<tr>
<td width="165" valign="bottom">Adjusted Gross Profit</td>
<td width="89" valign="bottom">£93,397</td>
<td width="89" valign="bottom">£101,457</td>
<td width="89" valign="bottom">£96,683</td>
</tr>
<tr>
<td width="165" valign="bottom"><em>Percentage</em><em> </em></td>
<td width="89" valign="bottom">49%</td>
<td width="89" valign="bottom">51%</td>
<td width="89" valign="bottom">53%</td>
</tr>
<tr>
<td width="165" valign="bottom"><strong>Adjusted   EBITDA</strong><strong> </strong></td>
<td width="89" valign="bottom"><strong>£78,945</strong></td>
<td width="89" valign="bottom"><strong>£69,330</strong></td>
<td width="89" valign="bottom"><strong>£61,715</strong></td>
</tr>
<tr>
<td width="165" valign="bottom"><em>Percentage</em><em> </em></td>
<td width="89" valign="bottom">41%</td>
<td width="89" valign="bottom">35%</td>
<td width="89" valign="bottom">34%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
]]></content:encoded>
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		</item>
		<item>
		<title>HA0210 – Aerospace/Defence Precision Engineering  Company for Sale</title>
		<link>http://hornblower-businesses.co.uk/ha0210-%e2%80%93-aerospacedefence-precision-engineering-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/ha0210-%e2%80%93-aerospacedefence-precision-engineering-company-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 03:12:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Engineering For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=349</guid>
		<description><![CDATA[Business overview &#160; –         A unique opportunity to acquire a privately owned company specialising in the production of precision-machined components for the aerospace, defence and other high tech markets. &#160; –      The company is well known within the industry having &#8230; <a href="http://hornblower-businesses.co.uk/ha0210-%e2%80%93-aerospacedefence-precision-engineering-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–         A unique opportunity to acquire a privately owned company specialising in the production of precision-machined components for the aerospace, defence and other high tech markets.</p>
<p>&nbsp;</p>
<p>–      The company is well known within the industry having traded for 13 years.</p>
<p>&nbsp;</p>
<p>–      The business has grown steadily, expanding and accommodating its continually growing client base.</p>
<p>&nbsp;</p>
<p>–         With long-term relationships with its customers, the majority of this company’s turnover is from blue chip<strong> </strong>companies (spread across the UK and into Europe).</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–      The company’s services include milling, turning, grinding, jig boring, tool making, fitting and fabricating precision parts for the aerospace, defence and other high tech markets.</p>
<p>&nbsp;</p>
<p>–      The company has a full range of CNC facilities and CAD/CAM and offers a design service. Carefully selected suppliers are used for raw materials, non-destructive testing, heat treatments and protective treatments.</p>
<p><strong> </strong></p>
<p>–      The quality of this company’s products and services is widely regarded to be the cornerstone of it’s competitive advantage. This is validated by sector relevant approvals obtained by the company.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Premises</h2>
<p>&nbsp;</p>
<p>–      Well equipped unit based in the South West of England.</p>
<p>&nbsp;</p>
<p>–      Good communication links and well situated.</p>
<p>&nbsp;</p>
<p>–      Easy access to its main suppliers and from major routes in England and Wales.</p>
<p>&nbsp;</p>
<p>–      Total area circa 10,000 square foot of floor space.</p>
<p>&nbsp;</p>
<p>–      Leasehold available to new owner.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>The owner wishes to retire</p>
<p>&nbsp;</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Financial overview</h2>
<p><strong> </strong></p>
<table border="0" cellspacing="0" cellpadding="0" width="540">
<tbody>
<tr>
<td width="215"><em>Year ending<br />
28th February</em></td>
<td width="108"><em>2008</em></td>
<td width="108"><em>2009</em></td>
<td width="108"><em>2010</em></td>
</tr>
<tr>
<td width="215">Sales revenue</td>
<td width="108">£1,647,642</td>
<td width="108">£1,751,853</td>
<td width="108">£1,705,225</td>
</tr>
<tr>
<td width="215">Gross Profit</td>
<td width="108">£655,832</td>
<td width="108">£684,050</td>
<td width="108">£702,416</td>
</tr>
<tr>
<td width="215"><em>Percentage</em></td>
<td width="108"><em>40%</em></td>
<td width="108"><em>39%</em></td>
<td width="108"><em>41%</em></td>
</tr>
<tr>
<td width="215">EBIT</td>
<td width="108">£254,035</td>
<td width="108">£129,610</td>
<td width="108">£152,212</td>
</tr>
<tr>
<td width="215"><em>Percentage</em></td>
<td width="108"><em>15%</em></td>
<td width="108"><em>7%</em></td>
<td width="108"><em>9%</em></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h1>SOLD</h1>
<p>&nbsp;</p>
<p><strong> </strong></p>
]]></content:encoded>
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		<item>
		<title>HA0140 – Document Archive Storage Business for Sale</title>
		<link>http://hornblower-businesses.co.uk/ha0140-%e2%80%93-document-archive-storage-business-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/ha0140-%e2%80%93-document-archive-storage-business-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 03:11:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=347</guid>
		<description><![CDATA[Business overview &#160; –      Outstanding opportunity to acquire a successful document archive storage business. &#160; –      Currently run as an offshoot revenue stream of an office removals company, this is a profitable and cash generating business, which requires minimal management. &#8230; <a href="http://hornblower-businesses.co.uk/ha0140-%e2%80%93-document-archive-storage-business-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      Outstanding opportunity to acquire a successful document archive storage business.</p>
<p>&nbsp;</p>
<p>–      Currently run as an offshoot revenue stream of an office removals company, this is a profitable and cash generating business, which requires minimal management.</p>
<p>&nbsp;</p>
<p>–      Having started offering this service in 2004, the company has developed an extremely loyal client base. No client has left and revenue has increased annually both per client and overall.</p>
<p>&nbsp;</p>
<p>–      The client base is diverse and includes charities, a local authority, legal firms as well as other blue chip companies in the private sector.</p>
<p>&nbsp;</p>
<p>–      Clients are located in London and its outskirts.</p>
<p>&nbsp;</p>
<p>–      This business would be of particular interest to other document archive storage companies with spare storage capacity that are looking for a bolt-on acquisition of clients and revenue to add to their portfolio.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–      The business provides a secure archiving and retrieval service, including:</p>
<p>&nbsp;</p>
<ol>
<li>Archive storage of M2, M3 and      other size document boxes</li>
<li>Indexing service</li>
<li>Online document storage</li>
<li>Pick-up and delivery</li>
</ol>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Employees:</h2>
<p>&nbsp;</p>
<p>-        None to be transferred with business</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Premises:</h2>
<p>&nbsp;</p>
<p>-        The business operates from two warehouses in East London.</p>
<p>&nbsp;</p>
<p>-        Warehouse space is not included in the sale.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        Document archive storage is not part of the office removal company’s core activity.</p>
<p>&nbsp;</p>
<p>-        The directors are therefore looking to sell the business assets and goodwill of this revenue stream in order to free up space in their warehouse.</p>
<p>&nbsp;</p>
<p>-        As their clients often request archive storage services, they are open to developing an ongoing agreement to refer all such business to the buyer.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="568">
<tbody>
<tr>
<td width="313"><strong>Period</strong></td>
<td width="87"><strong>Monthly</strong></td>
<td width="87"><strong>Annual</strong></td>
<td width="81"><strong>Increase</strong></td>
</tr>
<tr>
<td width="313">Revenue for 12 months to 31st May 2010</td>
<td width="87">£6,239</td>
<td width="87">£74,862</td>
<td width="81">n/a</td>
</tr>
<tr>
<td width="313">Average monthly revenue June 09 to Aug 09</td>
<td width="87">£5,079</td>
<td width="87">£60,947</td>
<td width="81">0%</td>
</tr>
<tr>
<td width="313">Average monthly revenue Mar 10 to May 10</td>
<td width="87">£6,829</td>
<td width="87">£81,951</td>
<td width="81">34%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>-       Direct costs to the company for running the archive storage business are minimal.</p>
<p>&nbsp;</p>
<p>-       The warehouse is part of the overall office removals activity, accounts spend 2 hours/month on invoicing and deliveries are worked into the daily operations schedule.</p>
<p>&nbsp;</p>
<p>-       The average monthly revenue has grown from £5k to approaching £7k in the last 12 months, equivalent to annual revenue of £82k. Based on this natural level of growth, the vendors expect <strong>the revenue for the coming year to reach c. £100k</strong>.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Offers invited for the business assets and goodwill</h6>
<p>&nbsp;</p>
]]></content:encoded>
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		<title>H09020 – Advertising, Marketing &amp; Communication Specialists</title>
		<link>http://hornblower-businesses.co.uk/h09020-%e2%80%93-advertising-marketing-communication-specialists/</link>
		<comments>http://hornblower-businesses.co.uk/h09020-%e2%80%93-advertising-marketing-communication-specialists/#comments</comments>
		<pubDate>Sun, 08 May 2011 03:10:59 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=345</guid>
		<description><![CDATA[Business overview &#160; –      An outstanding opportunity to acquire a successful advertising and marketing company based in East Anglia. &#160; –      Established in 1991, this is a highly profitable and cash generating business, which continues to grow despite the current &#8230; <a href="http://hornblower-businesses.co.uk/h09020-%e2%80%93-advertising-marketing-communication-specialists/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      An outstanding opportunity to acquire a successful advertising and marketing company based in East Anglia.</p>
<p>&nbsp;</p>
<p>–      Established in 1991, this is a highly profitable and cash generating business, which continues to grow despite the current economic climate.</p>
<p>&nbsp;</p>
<p>–      The revenue for January to March 2009 is up 46% compared to the same period in 2008.</p>
<p>&nbsp;</p>
<p>–      With a ready made client list of c. 40 clients including many blue-chip companies and local authorities, this business represents an excellent opportunity for either another communications or web-design/SEO company to acquire new business with little additional overhead or an individual advertising and marketing professional to acquire a platform from which to grow their own business.</p>
<p>&nbsp;</p>
<p>–      The business provides its services to a wide range of industry sectors, from food, travel and retail to charities, security, the police and county councils.</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<h2></h2>
<p>&nbsp;</p>
<div>
<p>-        Marketing strategy</p>
<p>-        Advertising</p>
<p>-        Brand consultancy</p>
<p>-        Public relations</p>
<p>-        Graphic design</p>
<p>-        Web site design</p>
<p>-        Exhibitions</p>
<p>-        Media services</p>
</div>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>Employees</strong>:                1 director + 1 full time employee + 2 freelancers</p>
<p>&nbsp;</p>
<p><strong>Premises</strong>:                   Out of town serviced offices, 36 m2. Rent and rates: £4k / year</p>
<p>&nbsp;</p>
<p><strong>Reason for sale</strong>:        The vendor wishes to move with his family to Australia.</p>
<p>A full hand-over and training is offered subject to agreed terms.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="573">
<tbody>
<tr>
<td width="237"><em>Year ending 31 March</em></td>
<td width="84"><em>2005-06</em></td>
<td width="84"><em>2006-07</em></td>
<td width="84"><em>2007-08</em></td>
<td width="84"><em>2008-09</em></td>
</tr>
<tr>
<td width="237">Sales revenue</td>
<td width="84">£182,041</td>
<td width="84">£149,877</td>
<td width="84">£147,483</td>
<td width="84">£179,260</td>
</tr>
<tr>
<td width="237">Adjusted NET PROFIT before tax</td>
<td width="84">£45,723</td>
<td width="84">£30,220</td>
<td width="84">£59,255</td>
<td width="84">£82,761</td>
</tr>
<tr>
<td width="237"><em>Percentage</em></td>
<td width="84"><em>25%</em></td>
<td width="84"><em>20%</em></td>
<td width="84"><em>40%</em></td>
<td width="84"><em>46%</em></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<h6>Offers invited</h6>
]]></content:encoded>
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		<item>
		<title>H09261 – Specialist Metal Fabrication Company for sale</title>
		<link>http://hornblower-businesses.co.uk/h09261-%e2%80%93-specialist-metal-fabrication-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/h09261-%e2%80%93-specialist-metal-fabrication-company-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 02:57:33 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Engineering For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=318</guid>
		<description><![CDATA[Business overview &#160; –      An outstanding opportunity to acquire a successful metal fabrication business with a niche product and established trade and wholesale client base, located in Kent. &#160; –      Established in 1993, the business has been run by the &#8230; <a href="http://hornblower-businesses.co.uk/h09261-%e2%80%93-specialist-metal-fabrication-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      An outstanding opportunity to acquire a successful metal fabrication business with a niche product and established trade and wholesale client base, located in Kent.</p>
<p>&nbsp;</p>
<p>–      Established in 1993, the business has been run by the current owner for 12 years.</p>
<p>&nbsp;</p>
<p>–      The business remains profitable and cash generating despite the current economic climate.</p>
<p>&nbsp;</p>
<p>–      The business deals with trade and wholesale customers with a wide spread of clients.</p>
<p>&nbsp;</p>
<p>–      With a ready-made client list including wholesalers, large fencing contractors, civil engineering companies and government and local authorities, this business represents an excellent opportunity for an architectural metalwork or steel fabrication business to acquire significant additional revenue, new clients, a skilled workforce and valuable equipment.</p>
<p>&nbsp;</p>
<p>-        &gt; 90% of the business is recurrent work from the existing client base, which leaves room for the new buyer to expand the business through re-invigorated marketing.</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>-        The company’s products include:</p>
<p>&nbsp;</p>
<p>-        Custom built gates, posts and railings for trade and wholesale customers,</p>
<p>-        Railings and fence posts for security fencing,</p>
<p>-        All types of security gates from hoarding gates to sliding gates.</p>
<p>-        Street name plates and overhead barriers.</p>
<p>&nbsp;</p>
<p>-        The unique selling point is their ability to produce gates of any size and specification on an extremely fast turnaround.</p>
<p>&nbsp;</p>
<p>-        Their service extends purely to fabrication rather than the design, erection and installation of gates and fencing.</p>
<p><strong>Employees</strong>:                The owner + 1 admin and sales staff + 4 full time fabrication staff.</p>
<p>&nbsp;</p>
<p><strong>Premises</strong>:                   Leasehold premises.</p>
<p>5 year lease starting 1<sup>st</sup> January 2009 with a 6 month break clause.</p>
<p>Rent: £37.4k / year. Rates: £10.8k / year</p>
<p>&nbsp;</p>
<p><strong>Reason for sale</strong>:        The owner wishes to retire.</p>
<p>A full hand-over and training is offered subject to agreed terms.</p>
<p>&nbsp;</p>
<h2><strong>Financial overview</strong></h2>
<p><strong> </strong></p>
<table border="0" cellspacing="0" cellpadding="0" width="578">
<tbody>
<tr>
<td width="199"><em>Year ending<br />
30th September</em></td>
<td width="95"><em>2006-07</em></td>
<td width="94"><em>2007-08</em></td>
<td width="95"><em>2008-09</em></td>
<td width="95"><em>2009-10</em></td>
</tr>
<tr>
<td width="199">Sales revenue</td>
<td width="95">£435,612</td>
<td width="94">£479,749</td>
<td width="95">£344,300</td>
<td width="95">£315,000</td>
</tr>
<tr>
<td width="199">Gross Profit</td>
<td width="95">£125,152</td>
<td width="94">£141,710</td>
<td width="95">£115,049</td>
<td width="95">TBA</td>
</tr>
<tr>
<td width="199"><em>Percentage</em></td>
<td width="95"><em>29%</em></td>
<td width="94"><em>30%</em></td>
<td width="95"><em>33%</em></td>
<td width="95"><em> </em></td>
</tr>
<tr>
<td width="199">Adjusted EBITDA before director&#8217;s taking&#8217;s</td>
<td width="95">£44,869</td>
<td width="94">£57,912</td>
<td width="95">£31,934</td>
<td width="95">TBA</td>
</tr>
<tr>
<td width="199"><em>Percentage</em></td>
<td width="95"><em>10%</em></td>
<td width="94"><em>12%</em></td>
<td width="95"><em>9%</em></td>
<td width="95"><em> </em></td>
</tr>
</tbody>
</table>
<p><strong> </strong></p>
<p>* An annualised saving of £33,000 will be achieved in 2009-10 due to two redundancies made in July 2009.</p>
<p>&nbsp;</p>
<h6>Offers invited for business assets, goodwill and stock</h6>
<h6></h6>
<p>&nbsp;</p>
]]></content:encoded>
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		</item>
		<item>
		<title>HB0047 – Precision Engineering Company for Sale</title>
		<link>http://hornblower-businesses.co.uk/hb0047-%e2%80%93-precision-engineering-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hb0047-%e2%80%93-precision-engineering-company-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 02:53:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Engineering For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=311</guid>
		<description><![CDATA[Business overview &#160; -        This is a long established Precision Engineering Company. &#160; -        Over the last 30 years the company has achieved and excellent reputation for quality, delivery and flexibility and is the preferred supplier to 3 international companies. &#8230; <a href="http://hornblower-businesses.co.uk/hb0047-%e2%80%93-precision-engineering-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2><strong>Business overview </strong></h2>
<p>&nbsp;</p>
<p>-        This is a long established Precision Engineering Company.</p>
<p>&nbsp;</p>
<p>-        Over the last 30 years the company has achieved and excellent reputation for quality, delivery and flexibility and is the preferred supplier to 3 international companies.</p>
<p>&nbsp;</p>
<p>-        It has a high level of repeat business and a loyal customer base.</p>
<p>&nbsp;</p>
<p>-        The workforce is highly skilled and long serving with an excellent management team in place.</p>
<p>&nbsp;</p>
<p>-        The company is an excellent example of how a modern engineering company should be set up and managed.</p>
<p>&nbsp;</p>
<p>-        The order book very rarely falls below £500,000 and is currently £727,000</p>
<p>&nbsp;</p>
<p>-        The business is financially stable with low overheads, positive cash flow and is trading without an overdraft</p>
<p>&nbsp;</p>
<p>-        This business has everything in place, including spare capacity and unused space, to double the turnover and is an ideal vehicle for takeover or merger or for someone looking for good accreditation for their business.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>-        This company specialises in CNC milling and CNC turning of high quality precision components for a wide range of prestigious clients.</p>
<p>&nbsp;</p>
<p>-        The company is ISO9001:2008 and SC21 accredited.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Premises</h2>
<p>&nbsp;</p>
<p>-        Purpose built factory on a trading estate</p>
<p>&nbsp;</p>
<p>-        Leasehold</p>
<p>&nbsp;</p>
<h2>Reason for sale</h2>
<p>&nbsp;</p>
<p>-        The owner wishes to retire but is willing to assist in the smooth transition to the purchaser.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="323" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="215"></td>
<td width="108"><em>2010</em></td>
</tr>
<tr>
<td width="215">Sales revenue</td>
<td width="108">£1,300,000</td>
</tr>
<tr>
<td width="215">Gross Profit</td>
<td width="108">£527,000</td>
</tr>
<tr>
<td width="215"><em>Percentage</em></td>
<td width="108"><em>40%</em></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>The 2010 turnover is a little down on previous years but we expect 2011 turnover to be back at the £1.5/1.6 million mark.</p>
<p>&nbsp;</p>
<h6>Offers Invited</h6>
]]></content:encoded>
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		</item>
		<item>
		<title>HB0098 –Precision Engineering, Tooling and Gauging Business for sale</title>
		<link>http://hornblower-businesses.co.uk/hb0098-%e2%80%93precision-engineering-tooling-and-gauging-business-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/hb0098-%e2%80%93precision-engineering-tooling-and-gauging-business-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 02:44:27 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Engineering For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=292</guid>
		<description><![CDATA[Business overview &#160; –      An outstanding opportunity to acquire a precision engineering business with a niche specialism in aerospace turbine components and production line fixtures, fittings and gauging for medical, nuclear and automotive sectors. &#160; -        Established for over 25 &#8230; <a href="http://hornblower-businesses.co.uk/hb0098-%e2%80%93precision-engineering-tooling-and-gauging-business-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      An outstanding opportunity to acquire a precision engineering business with a niche specialism in aerospace turbine components and production line fixtures, fittings and gauging for medical, nuclear and automotive sectors.</p>
<p>&nbsp;</p>
<p>-        Established for over 25 years, circa 90% of the business is recurrent work from the existing client base, which leaves significant potential for the new buyer to expand the business through re-invigorated marketing.</p>
<p>&nbsp;</p>
<p>-        The business has six main clients including some well know names. Revenue is split fairly equally across the six clients.</p>
<p>&nbsp;</p>
<p>-        The business is located in South East UK.</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>-        The company provides design and precision manufacturing services to aerospace, automotive, medical and other industries along with bespoke tooling, gauges, special purpose machines, tools and lifting equipment.</p>
<p>&nbsp;</p>
<p>-        With an internal calibration laboratory, the company also offers these facilities to clients for pressure testing, calibration and cutter grinding services.</p>
<p>&nbsp;</p>
<p>-        The company is ISO 9001 and ISO 14001 approved.</p>
<p>&nbsp;</p>
<p><strong>Employees</strong>:                The owner + management team of 5 staff + 11 qualified engineers + 25 machine operators/fitters and non-skilled staff,</p>
<p>&nbsp;</p>
<p><strong>Premises</strong>:                   Leasehold premises: Rent £81k, Rates £31k. 2yr lease. 20k Sq.Ft</p>
<p>&nbsp;</p>
<p><strong>Reason for sale</strong>:       The business is a standalone subsidiary within a company. The owner wishes to divest of this side of the business in order to focus on the company’s core business.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<table width="559" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="162"><em>Year ending 30<sup>th</sup> June</em></td>
<td width="132"><em>2008-09</em></td>
<td width="132"><em>2009-10</em></td>
<td width="132"><em>Forecast 2010-11</em></td>
</tr>
<tr>
<td width="162">Sales revenue</td>
<td width="132">£1.1m</td>
<td width="132">£818k</td>
<td width="132">£1m</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>–      Although the business has made losses in the past 2 years, the owner has taken action to address this and expects the business to breakeven this year.</p>
<p>&nbsp;</p>
<h6>Offers invited for business assets and goodwill</h6>
]]></content:encoded>
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		</item>
		<item>
		<title>HA0326 – Corporate Gifts and Promotional Merchandise Company for sale</title>
		<link>http://hornblower-businesses.co.uk/ha0326-%e2%80%93-corporate-gifts-and-promotional-merchandise-company-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/ha0326-%e2%80%93-corporate-gifts-and-promotional-merchandise-company-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 02:42:07 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=288</guid>
		<description><![CDATA[Business overview &#160; –      Outstanding opportunity to acquire a successful corporate gifts and promotional merchandise business, based in London. &#160; –      Profitable and cash generating business despite the current economic climate. &#160; –      Established in 1988, the business has a &#8230; <a href="http://hornblower-businesses.co.uk/ha0326-%e2%80%93-corporate-gifts-and-promotional-merchandise-company-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      Outstanding opportunity to acquire a successful corporate gifts and promotional merchandise business, based in London.</p>
<p>&nbsp;</p>
<p>–      Profitable and cash generating business despite the current economic climate.</p>
<p>&nbsp;</p>
<p>–      Established in 1988, the business has a highly desirable client base, including a major plc, several well known hotel chains, agricultural equipment manufacturers, law and accountancy firms to highlight a few.</p>
<p>&nbsp;</p>
<p>–      Key to success: They are service driven offering advice to clients on the most appropriate products for the clients’ marketing campaign or event.</p>
<p>&nbsp;</p>
<p>–      The business works closely with marketing and events companies as well as printers and much of the sales is through word of mouth and referral.</p>
<p>&nbsp;</p>
<p>–      Effective ordering and delivery systems and processes are in place which allows the business to be run with minimal staffing overhead.</p>
<p>&nbsp;</p>
<p>–      With a ready made client list, this business presents an ideal opportunity for another corporate gifts company to acquire bolt-on revenue or indeed marketing, events or printing business that wish to diversify, and acquire a new revenue stream with little additional overhead.</p>
<p>&nbsp;</p>
<p>–      The business also presents an opportunity for an individual buyer with a good knowledge of marketing to acquire a platform from which to grow their own business.</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–      The business provides the full range of corporate gifts, promotional merchandise, awards and exhibition giveaways and is a member of a catalogue group.</p>
<p>&nbsp;</p>
<p>–      Clients are offered experienced advice to select the most appropriate products for their marketing campaign or event.</p>
<p>&nbsp;</p>
<p>–      For bulk orders, the business provides storage at their premises and will despatch on demand.</p>
<p><strong><br />
</strong></p>
<h2>Employees:</h2>
<p>&nbsp;</p>
<p>-        1 director (vendor) + 2 full time staff + 1 part time admin assistant.</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Premises:</h2>
<p>&nbsp;</p>
<p>-        The business operates from premises owned by the vendor.</p>
<p>&nbsp;</p>
<p>-        The vendor is open to leasing the premises to a new owner.</p>
<p>&nbsp;</p>
<p>-        Indicative rent: £15,000 per annum. Rates and water: £3,127</p>
<p>&nbsp;</p>
<p><strong> </strong></p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The vendor wishes to retire.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p><strong> </strong></p>
<table border="0" cellspacing="0" cellpadding="0" width="580">
<tbody>
<tr>
<td width="167"><em>Year ending 31st Dec</em></td>
<td width="83"><em>2006</em></td>
<td width="83"><em>2007</em></td>
<td width="83"><em>2008</em></td>
<td width="83"><em>2009</em></td>
<td width="83"><em>2010<br />
Forecast</em></td>
</tr>
<tr>
<td width="167"><strong>Sales revenue</strong></td>
<td width="83"><strong>£890,860</strong></td>
<td width="83"><strong>£929,942</strong></td>
<td width="83"><strong>£801,753</strong></td>
<td width="83"><strong>£727,813</strong></td>
<td width="83"><strong>£640,195</strong></td>
</tr>
<tr>
<td width="167">Gross profit</td>
<td width="83">£333,376</td>
<td width="83">£348,843</td>
<td width="83">£290,176</td>
<td width="83">£233,354</td>
<td width="83">£204,862</td>
</tr>
<tr>
<td width="167"><em>Percentage</em></td>
<td width="83">37%</td>
<td width="83">38%</td>
<td width="83">36%</td>
<td width="83">32%</td>
<td width="83">32%</td>
</tr>
<tr>
<td width="167"><strong>Adjusted EBITDA</strong></td>
<td width="83"><strong>£62,686</strong></td>
<td width="83"><strong>£112,110</strong></td>
<td width="83"><strong>£71,269</strong></td>
<td width="83"><strong>£56,515</strong></td>
<td width="83"><strong>£60,507</strong></td>
</tr>
<tr>
<td width="167"><em>Percentage</em></td>
<td width="83">7%</td>
<td width="83">12%</td>
<td width="83">9%</td>
<td width="83">8%</td>
<td width="83">9%</td>
</tr>
</tbody>
</table>
<p><strong> </strong></p>
<p>&nbsp;</p>
<h6>Offers invited</h6>
]]></content:encoded>
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		</item>
		<item>
		<title>HA0273 – Successful Independent Tutorial Agency for sale</title>
		<link>http://hornblower-businesses.co.uk/ha0273-%e2%80%93-successful-independent-tutorial-agency-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/ha0273-%e2%80%93-successful-independent-tutorial-agency-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 02:41:10 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=286</guid>
		<description><![CDATA[Business overview &#160; –      Outstanding opportunity to acquire a successful tutorial agency in East Anglia. &#160; –      Profitable and cash generating business, which remains relatively unaffected by the current economic climate. &#160; –      Established in 1987, the agency has a &#8230; <a href="http://hornblower-businesses.co.uk/ha0273-%e2%80%93-successful-independent-tutorial-agency-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      Outstanding opportunity to acquire a successful tutorial agency in East   Anglia.</p>
<p>&nbsp;</p>
<p>–      Profitable and cash generating business, which remains relatively unaffected by the current economic climate.</p>
<p>&nbsp;</p>
<p>–      Established in 1987, the agency has a long standing reputation for its excellent service to its customers and tutors alike.</p>
<p>&nbsp;</p>
<p>–      Key to success: personal service underpinned by effective systems and processes, which ensures that all clients are dealt with to the same high level.</p>
<p>&nbsp;</p>
<p>–      Clients are mainly parents of school aged children, who provide repeat business over many years, although independent schools and colleges that use the agency’s tutors provide significant additional income.</p>
<p>&nbsp;</p>
<p>–      Run by the owner on a part time basis to fit around family commitments.</p>
<p>&nbsp;</p>
<p>–      With its well defined brand and effective systems and processes, the business could easily be rolled out across the UK either organically or as a franchise, thus creating a vast growth opportunity for the buyer.</p>
<p>&nbsp;</p>
<p>–      With a ready made client list and large pool of carefully screened tutors, this business presents an ideal opportunity for either another tutorial agency to acquire a new catchment area or other service orientated businesses that wish to diversify, e.g recruitment agencies, outsourced PA services, or sales and marketing support businesses, to acquire a new revenue stream with little additional overhead.</p>
<p>&nbsp;</p>
<p>–      The business also presents an opportunity for an ambitious individual with good organisational skills and knowledge of marketing to acquire a platform from which to grow their own business.</p>
<p><strong> </strong></p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–      The agency offers tuition to students (predominantly school aged) in their own homes. The agency also provides and recruits tutors for business clients in the education sector, e.g. local independent schools and colleges and language schools.</p>
<p>&nbsp;</p>
<p>–      The agency currently has c. 300 registered tutors who cover over 100 subjects at all levels.</p>
<p>&nbsp;</p>
<p>–      The agency interviews and selects all tutors and matches them to the clients’ needs.</p>
<p><strong> </strong></p>
<h2>Employees:</h2>
<p>&nbsp;</p>
<p>-        1 director (vendor) acting as agent to freelance tutors.</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Premises:</h2>
<p>&nbsp;</p>
<p>-        The business operates from the vendor’s home.</p>
<p><strong> </strong></p>
<p><strong> </strong></p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The vendor wishes to retire.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table border="0" cellspacing="0" cellpadding="0" width="599">
<tbody>
<tr>
<td width="162"><em>Year   ending 30th April</em></td>
<td width="107"><em>Average annual figures<br />
2000-2005</em></td>
<td width="83"><em>2007-08</em></td>
<td width="83"><em>2008-09</em></td>
<td width="83"><em>2009-10</em></td>
<td width="83"><em>2010-11<br />
Forecast</em></td>
</tr>
<tr>
<td width="162"><strong>Gross   fee income<br />
(tutor + agency fee)</strong></td>
<td width="107"><strong>£146,401</strong></td>
<td width="83"><strong>£68,067</strong></td>
<td width="83"><strong>£65,541</strong></td>
<td width="83"><strong>£64,805</strong></td>
<td width="83"><strong>£101,000</strong></td>
</tr>
<tr>
<td width="162">Agency fees</td>
<td width="107">£39,400</td>
<td width="83">£25,000</td>
<td width="83">£35,500</td>
<td width="83">£25,750</td>
<td width="83">£37,000</td>
</tr>
<tr>
<td width="162"><em>Percentage</em></td>
<td width="107">27%</td>
<td width="83">37%</td>
<td width="83">54%</td>
<td width="83">40%</td>
<td width="83">37%</td>
</tr>
<tr>
<td width="162">Expenditure</td>
<td width="107">£8,900</td>
<td width="83">£9,400</td>
<td width="83">£11,800</td>
<td width="83">£13,000</td>
<td width="83">£8,500</td>
</tr>
<tr>
<td width="162"><strong>Net   Profit<br />
(Before owner’s takings)</strong></td>
<td width="107"><strong>£30,500</strong></td>
<td width="83"><strong>£15,600</strong></td>
<td width="83"><strong>£23,700</strong></td>
<td width="83"><strong>£12,750</strong></td>
<td width="83"><strong>£28,500</strong></td>
</tr>
<tr>
<td width="162"><em>Percentage</em></td>
<td width="107">21%</td>
<td width="83">23%</td>
<td width="83">36%</td>
<td width="83">20%</td>
<td width="83">28%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h6>Guide price: £55,000 for business assets and goodwill</h6>
]]></content:encoded>
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		</item>
		<item>
		<title>Import and Distribution (Food and Drink) Business for Sale</title>
		<link>http://hornblower-businesses.co.uk/import-and-distribution-business-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/import-and-distribution-business-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 02:37:32 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Professional For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=279</guid>
		<description><![CDATA[Business overview &#160; –      Outstanding opportunity to acquire a successful import and distribution company, specialising in food and beverages for the retail and wholesale market. &#160; –      This is a profitable and cash generating business, which continues to deliver good &#8230; <a href="http://hornblower-businesses.co.uk/import-and-distribution-business-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<h2>Business overview</h2>
<p>&nbsp;</p>
<p>–      Outstanding opportunity to acquire a successful import and distribution company, specialising in food and beverages for the retail and wholesale market.</p>
<p>&nbsp;</p>
<p>–      This is a profitable and cash generating business, which continues to deliver good profits despite the current economic climate.</p>
<p>&nbsp;</p>
<p>–      Established in 1998 based in London, the business has developed an extremely loyal client base with over 350 regular clients. The client base is evenly spread with no one client representing more than 10% of the revenue.</p>
<p>&nbsp;</p>
<p>–      Over 90% of current business is from the existing client base.</p>
<p>&nbsp;</p>
<p>–      This business would be of particular interest to other import and distribution/wholesale businesses that are looking for a bolt-on acquisition to add to their portfolio. Significant synergy savings are possible for such buyers who already have a base in London/South East UK.</p>
<p>&nbsp;</p>
<p>–      The business would also be of interest to investors wishing to enter into this market, offering a simple to run business but with an operational infrastructure, a reliable client base, supplier relationships and credit agreements all already in place.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>–      The business imports and distributes products from Brazil and Portugal:</p>
<p>&nbsp;</p>
<ol>
<li>Ready made and tinned food products and ingredients</li>
<li>Soft drinks and beverages</li>
<li>Frozen meats and fish</li>
<li>Refrigerated meats, cheeses and fish</li>
</ol>
<p>&nbsp;</p>
<p>–      Products are sold to Brazilian and Portuguese retail businesses and wholesale clients.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong><br />
</strong></p>
<h2>Employees:</h2>
<p>&nbsp;</p>
<p>-        1 director (vendor) + 6 warehouse staff and drivers + 1 bookkeeper + 1 p/t admin</p>
<p>&nbsp;</p>
<h2>Premises:</h2>
<p>&nbsp;</p>
<p>-        The business operates from leasehold premises:</p>
<p>-        Rent: £28,800 per year, Rates: £10,796 per year</p>
<p>-        Duration of lease: Ongoing with 1 month notice period.</p>
<p>-        The warehouse area is 6,400 sq.feet (595m<sup>2</sup>).</p>
<p>&nbsp;</p>
<h2>Reason for sale:</h2>
<p>&nbsp;</p>
<p>-        The vendors wish to retire.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="551" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="199"><em>Year ending 31st March</em></td>
<td width="88"><em>2006-07</em></td>
<td width="88"><em>2007-08</em></td>
<td width="88"><em>2008-09</em></td>
<td width="88"><em>2009-10</em></td>
</tr>
<tr>
<td width="199"><strong>Sales revenue</strong></td>
<td width="88"><strong>£1,081,540</strong></td>
<td width="88"><strong>£1,101,975</strong></td>
<td width="88"><strong>£1,229,396</strong></td>
<td width="88"><strong>£1,219,689</strong></td>
</tr>
<tr>
<td width="199">Gross Profit</td>
<td width="88">£262,532</td>
<td width="88">£299,517</td>
<td width="88">£380,355</td>
<td width="88">£406,348</td>
</tr>
<tr>
<td width="199"><em>Percentage</em></td>
<td width="88">24%</td>
<td width="88">27%</td>
<td width="88">31%</td>
<td width="88">33%</td>
</tr>
<tr>
<td width="199"><strong>Adjusted EBITDA<br />
(Before directors&#8217; takings)</strong></td>
<td width="88"><strong>£80,592</strong></td>
<td width="88"><strong>£62,202</strong></td>
<td width="88"><strong>£98,897</strong></td>
<td width="88"><strong>£116,166</strong></td>
</tr>
<tr>
<td width="199"><em>Percentage</em></td>
<td width="88">7%</td>
<td width="88">6%</td>
<td width="88">8%</td>
<td width="88">10%</td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>Further <strong>synergy cost savings of £148k</strong> are possible through closure of the warehouse site and reduction of warehouse staff. Based on the 2009-10 figures, this would enable the buyer to achieve an <strong>EBITDA of £264k.</strong></p>
<p>&nbsp;</p>
<p>The stock value at 31<sup>st</sup> March 2010 was £234k</p>
<p>&nbsp;</p>
<h6>Offers invited for transfer of company shares</h6>
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		<item>
		<title>Structural Engineering Consultancy for sale</title>
		<link>http://hornblower-businesses.co.uk/structural-engineering-consultancy-for-sale/</link>
		<comments>http://hornblower-businesses.co.uk/structural-engineering-consultancy-for-sale/#comments</comments>
		<pubDate>Sun, 08 May 2011 02:22:34 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Engineering For Sale]]></category>

		<guid isPermaLink="false">http://hornblower-businesses.co.uk/?p=272</guid>
		<description><![CDATA[Business overview –      An outstanding opportunity to acquire a successful structural engineering consultancy based in central London. &#160; –      Established in 1985, this is a profitable and cash generating business, which continues to achieve stable revenue despite the current economic &#8230; <a href="http://hornblower-businesses.co.uk/structural-engineering-consultancy-for-sale/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<div>
<h2>Business overview</h2>
<h2></h2>
<p>–      An outstanding opportunity to acquire a successful structural engineering consultancy based in central London.</p>
<p>&nbsp;</p>
<p>–      Established in 1985, this is a profitable and cash generating business, which continues to achieve stable revenue despite the current economic climate.</p>
<p>&nbsp;</p>
<p>–      Fee income has grown steadily each year reaching a revenue of £525k in both April 08-09 to April 09-10</p>
<p>&nbsp;</p>
<p>–      With a ready made client list including housing associations and local authorities as well as private individuals and companies, this business represents an excellent opportunity for an architectural or other engineering consultancy to acquire new business with little additional overhead or advertising.</p>
<p>&nbsp;</p>
<p>–      Equally the business would be of interest to individual qualified engineers looking to start their own practice with a ready made client base and business infrastructure.</p>
<p>&nbsp;</p>
<p>-        &gt; 90% of the business is recurrent work from the existing client base, which leaves room for the new buyer to expand the business through re-invigorated marketing.</p>
<p>&nbsp;</p>
<p>–      The consultancy is ISO 9001:2000 quality assured, EXOR and Construction Line accredited and a member of the Association of Consulting Engineers (ACE). It is also an approved supplier with Tower Hamlets, Greenwich and Southwark councils.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Products and Services</h2>
<p>&nbsp;</p>
<p>-        Structural and civil engineering services for all stages of project development, including design, drafting, analysis and reports.</p>
<p>&nbsp;</p>
<p>-        The business provides a one-stop service for planning, engineering, contract administration and quantity surveying.</p>
</div>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong><br />
</strong></p>
<p><strong>Employees</strong>:                2 partners + 5 full time and 3 part time employees/contractors (4 qualified engineers and 4 experienced technicians) + 1 f/t PA</p>
<p>&nbsp;</p>
<p><strong>Premises</strong>:                   Rented offices, 91m<sup>2</sup>. Rent: £12.9k / year. Rates: £2.7k / year</p>
<p>&nbsp;</p>
<p><strong>Reason for sale</strong>:        Both partners wish to retire.</p>
<p>A full hand-over and training is offered subject to agreed terms.</p>
<p>&nbsp;</p>
<h2>Financial overview</h2>
<p>&nbsp;</p>
<table width="574" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="247"><em>Year ending 30th April</em></td>
<td width="76"><em>2006-07</em></td>
<td width="84"><em>2007-08</em></td>
<td width="84"><em>2008-09 </em></td>
<td width="84"><em>2009-10</em></td>
</tr>
<tr>
<td width="247">Fee income</td>
<td width="76">£443,000</td>
<td width="84">£482,181</td>
<td width="84">£525,767</td>
<td width="84">£523,561</td>
</tr>
<tr>
<td width="247">Adjusted EBITDA before directors’ takings</td>
<td width="76">£129,782</td>
<td width="84">£125,618</td>
<td width="84">£170,520</td>
<td width="84">£175,588</td>
</tr>
<tr>
<td width="247"><em>Percentage</em></td>
<td width="76"><em>29%</em></td>
<td width="84"><em>26%</em></td>
<td width="84"><em>32%</em></td>
<td width="84"><em>34%</em></td>
</tr>
</tbody>
</table>
<p>&nbsp;</p>
<p>A strategic buyer from a related business sector with a business infrastructure already in place could benefit a further £55k to £60k from savings on office costs, advertising, insurance, subscriptions and accountancy, giving a further <strong>adjusted EBITDA of</strong> <strong>£235k</strong></p>
<p>&nbsp;</p>
<h6>Offers invited for business assets and goodwill</h6>
<p>&nbsp;</p>
<p>&nbsp;</p>
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