Asking price: £500,000

Sales revenue: £2,200,000

Net profit: < £100k

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
1. A long-established engineering business is for sale which remanufactures and sells consumable electromechanical components to UK customers in the transport and commercial sectors. It serves a true niche market and most of its business is repeat. It has been turned around from losses to modest profits on a turnover of £2.2M. There are opportunities to increase profits by extending sales into new markets. Asking Price for 100% of the shares is £0.5M

Years established: 40

Employees: 30

Trading hours: standard

Property: Leasehold

Lease terms
flexible

Location
Industrial Estate near motorway network

Expansion potential
Good opportunities to expand customer base by marketing its component remanufacturing service to new commercial markets

Competition / Market
Business is in a niche market so competition is limited. Its unusual skill base and long-held reputation ensure it remains one of the market leaders. Its local service and proximity to customers also ensure any potential foreign competition is kept at bay

Support & training
as required

Reasons for selling
deemed non-core by parent group

Related website: www.business-engineering.co.uk

Related documents

		Ssummary10.19

<< Back to businesses for sale list