An outstanding opportunity to acquire a well-established independent acoustic consultancy in the North of England.
The company offers expert analysis, advice and design in all areas of noise and vibration using state-of-the-art technology.
Established in the late eighties, the company has successfully traded through several periods of recession and continues to demonstrate a very stable revenue base.
The company has an unblemished track record with no claims on their professional indemnity insurance since the company’s inception.
On average the company attracts 60 new clients per annum.
97% of the company’s projects come from either existing clients or from recommendations.
All consultancy staff are members of the Institute of Acoustics.
The company is a member of the Association of Noise Consultants.
The company has a solid policy of recruiting only the best people in the field
The company provides a culture of continual professional development as well as excellent benefits and a positive environment for their staff which gives rise to very low staff turnover.
Current market conditions would support aggressive growth, providing additional staff of an appropriate quality were available.
The acquisition of the business would represent a significant opportunity particularly for either a multi-disciplinary consultancy seeking to add an acoustics arm, or a multi-disciplinary consultancy who already have an acoustic consultancy division but who would benefit from a strong business unit in the North of England.
Sound Insulation Testing
A part-time Director, 2 Principal Consultants, 2 Senior Acoustic Consultants, 2 Acoustic Consultants, 2 Acoustic Technicians and 2 part-time secretaries.
A 2464 sq. ft. premises in the North of England owned by the vendors.
The current rent is £28,800 p.a.
The rates are £6492 per annum
The lease runs until 3rd August 2023.
The vendors would consider selling the property if this suited the acquirer or would consider putting a new lease in place.
Reason for sale
The vendor now wishes to concentrate on his other responsibilities within the field of acoustics. Since the vendor’s semi-retirement in 2009, the company has been managed by its two Principal Consultants.