Hole Punching For Sheet Steel Machines For Busbar Business For Sale

Business description

Middlesex -Fully Relocatable
Hole Punching For Sheet Steel/Machines For Busbar
Established 30 years
Genuine Retirement sale
A/T: £220,000 EBITDA: £66,000
Excellent Scope to expand
L/H: Offers over £350,000
REF: 9724HA

BUSINESS SUMMARY

The Company is involved with the design, manufacture and marketing of portable hole punching systems for painted and folded sheet metal (mild steel and stainless steel). Additionally, the Company designs, manufactures and markets machines used for working copper bar (busbar). Manufacturing of the machines is sub contracted.

Revenues are also generated from sales of replacement parts, tooling and consumable items along with ongoing maintenance and servicing for machines.

Our client has a successful trading history spanning the last 30 years. During this period the business has generated significant levels of profit and has become very well known within a specialist, international, market place. The Company has customers based in 35 countries worldwide in addition to those based within the UK.

Over the last 5 years the Company has consolidated its excellent reputation within the market. It has proved to be consistently profitable, with a tried and tested product range servicing the needs of a specialist audience. The global market is set to grow.

The Company would be an ideal purchase for a similarly sized or larger corporate with a good knowledge of the industry and with an acquisitive growth strategy. Such a purchase would give access to a range of uniquely designed products and a mature international customer base. The business could appeal to a rival firm or alternatively to a company operating within the wider industry, such as a seller of enclosures, or one selling switchboards or dealing in copper.


FOR FULL DETAILS, PLEASE COMPLETE THE ATTACHED CONFIDENTIALITY AGREEMENT OR CONTACT US

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through broker. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

Leasehold With terms to be negotiated

Location:

The Company trades from a base in North London, with easy access to Heathrow airport

Premises details:

The business currently operates from a small office, showroom and workshop based in North London. The vendor owns the freehold to the building and would be happy to grant a lease to the buyer should this be required.

Given the fact that manufacturing is sub-contracted and that a geographical presence in London is not a pre-requisite for running the business, it would be entirely possible to re-locate the business globally.