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Bag a Business Ltd is delighted to offer this unique business on to the market. Memories in Time has been established under this name since 2002.
It was purchased by the current owner for £50,000 (t/over at that time was £150,000) as a temporary measure whilst he was waiting for the accreditation of a patent. This happened more quickly than anticipated.
Since the second year of ownership, our client has allowed the business to take second place. He now wants to sell it so that he can concentrate on his main business.
Memories in Time are one of those rare businesses - a truly unique product! Whilst there are companies which can produce a linear message on a clock face, Memories in Time is the only company which can produce a message to run around the outer clock face. The software alone for this product cost approximately £30,000 to develop in 1992.
In addition to a range of available clock faces for children and adults, the company can also reproduce photographs onto a clock face, making an unusual, yet highly personalized gift (the pet market is a particularly popular theme). There is also a set of personalized
Children’s story books.
Our clients have supplied clocks to Liverpool and Manchester United football clubs, and retail outlets such as John Lewis, amongst others.
The current owner has neither web presence nor any marketing strategy. He has a card file with circa 200 current customers, as well as circa 500 elapsed accounts.
This business would be perfect for someone who wants to generate a simple second income from home. With minimal marketing (even simply entering the card files onto a database for mail shots) and a web site, it would be perfectly feasible to generate a net profit of circa £15-£20,000pa run as a sole trader.
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