Listed by:
Turner Butler Business Broker
1/1
Hydraulic engineering business specialising in power steering
Turner Butler has been appointed to invite offers of purchase for the assets and goodwill of a full service hydraulic engineering business specialising in power steering services. It is also involved in the exchange or repair of other motor parts including axles/propshafts, turbos, air conditioning compressors, catalytic converters and gear boxes.
Key strengths:
The Company has the following key attributes:
• very well established business – almost 40 years of successful trading.
• loyal customer base of garages and dealerships topped up by private motorists.
• highly skilled, loyal, trained and experienced staff.
• well equipped workshop.
• good range of stock.
• well suited leasehold premises.
The Company provides an acquirer with:
• a profitable business which has performed consistently well throughout its many
years of operation.
• an excellent platform for growth.
Financial performance:
For the financial year ending March 2010, the business achieved a turnover in excess of £400,000, generating a gross profit of approximately £175,000 and a pre-tax net operating profit of almost £95,000.
The Asking Price of £165,000 is for a sale of 100% of the issued share capital of the Limited company based on a Balance Sheet value of £10,000.
For more information about this business for sale, click the Contact Seller button.
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