Listed by:
Key Points:
80% of work involves installation: 20% is supply for installation
Very high percentage of repeat business from a range of key clients
Modern CNC controlled equipment in company workshop & AutoCad software
Potential for growth given more use of manufacturing machinery
Staff team includes contract manager and workshop manager plus MD
Retirement sale: Vendor looking for realistic price and deal for planned exit
Turnover £702,221 @ GP margin of 33.7%
Price:
OIRO £265,000 [Inc. Net Assets & Goodwill] Leasehold
Business Activities:
Sale Basis:
The MD has owned the company for approx 30 years and is now looking to retire, but is prepared to remain with the company for a period of p/t consultancy, subject to terms, to facilitate the transfer of goodwill. The business is offered for sale on the basis of a share transfer of both companies (trading and asset-owning) to include the net asset value, goodwill, name, staff, client relationships and database. The vendor is looking for a realistic price and deal for a planned exit.
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