 | Vehicle Safty System Manufacturing Business For Sale Northamptonshire, United Kingdom Advert ref: U.0.350.LNO Business description
County business sales are delighted to bring to the market this company, which was formed just over a year ago in response to the need for protection for drivers in a varied selection of vehicles. Over the last 15 years as reported by the national private hire association there have been 41 murders and countless reported attacks on mini cab drivers, this not taking into account the thousands more incidents that have gone unreported.
The company has designed and developed a safety system that is portable between vehicles but strong and durable enough to protect the driver and when required the passenger from most everyday threats.
The system has received approval and accreditation from a number of reputable institutions including: -
• The Private Hire Association
• The TGWU
• BSI
• RoSPA
• The National Private Hire Association
The product is presently undergoing Patent Board and Kite Marked approval, the fixing system being a unique design to the product, which was developed by our client.
The range includes a driver unit, passenger unit and a side protection unit all of which will fit any vehicle with any seat height. The units are also reversible and therefore will also accommodate left hand drive vehicles.
Home based: This business can be run from home.
Relocatable: This business can be relocated.
Expansion potential
The market for this product is world wide, it could be franchised to include master country franchise agreements. A white paper is presently going the the Parliament to make this or similar systems a requirement of Private Hire Companies.
Competition / Market
There is little to no competition in the field
Support & training
Full support and handover will be given by the present vendor. Including some long term work if required
Reasons for selling
Family ill health
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| | Financial details Asking price: £295,000
Sales revenue: < £200k
Net profit: < £100k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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