High End Audio Equipment Manufacturer For Sale

Business
Please quote reference B07792

CoGoGo welcomes to the market Kleio Audio Limited, a UK based high end audio equipment manufacturer.

The business was founded by the current owner in 2012 when he identified a gap in the market and has been a real labour of love for him. 

It has now come to the open market due to our clients desire for a change of direction. The seller is happy to vastly reduce the sale price if a buyer wishes to acquire the business loan, this can be discussed and negotiated further. 

The business currently offers two products from its K1 series, the K105/Pre Amplifier and K135 integrated amplifier. Both products are crafted in the UK as a result of over 3 year’s research, development and engineering refinement. A high percentage of internal components are sourced from the UK and Europe. The business also has 2 other products that are ready for launch. 

Supported by a 5 year warranty and an exclusive retailer network, the business plans to introduce many more products to join the Kleio family.

The business currently has a retail network of retailers selling its products. This is expanding all the time, with further to be added this month. 

The sale will include the company website and social media platforms and the business enjoys good visibility online.

Key selling points – 

• The business has a sales agent in the north and south
• A well established business with an enviable reputation
• A retailer network is in place
• Current owner happy to offer a handover to ensure the continued success
• A real opportunity to increase turnover and profits significantly, current owner has been running at a pace to suit due to other work commitments

Scope for further growth – 

• Update the existing website and add an e-commerce facility for online orders
• Increase advertising and marketing
• Maximise the use of social media

Location
Kleio Audio Limited is Business to Business retailer thats based in the UK.

Premises
N/A

Tenure
We are advised that this opportunity is being sold on a Business Only basis. 

Hours
Due to the nature of the business, it operates all year round. 

Staff
We are advised that our client deals with the management of the business. All R&D, build, testing etc is all handled by sub contractors.

Financial Profile
This business generated a turnover of £70,940. Further financials can be made available upon request.