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Asking Price
£20k
Description
The company owns the design of a totally unique alarm device that attaches to the window grills on houses in the Mediterranean region. The company is in posession of all the manufacturing equipment, tools etc. The electronics are made in China, the metalwork and assembly done in UK. It has been a part time job for one person. Sales have been good in the first year, but the current owner now wishes to retire. The market is almost exclusively in Spain, Portugal, Italy, Greece etc. This product needs energetic marketing, from a new owner. The potential is enormous, there are several billion windows in the sales area, and almost as many thieves. A small network of distributors/ installers exist in Spain, where the effort needs to be made. The product has a good reputation with some useful endorsements on local forums, but has the potential for much more. 40%+ profit.
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