Component Engineering Business For Sale - United Kingdom Advert Ref: 10.19
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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 This business for sale has a website
www.business-engineering.co.uk Related documents
Ssummary10.19
Employees: 30
Trading hours: standard
Leasehold
flexible
Industrial Estate near motorway network
Good opportunities to expand customer base by marketing its component remanufacturing service to new commercial markets
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
as required
deemed non-core by parent group
www.business-engineering.co.uk
Ssummary10.19Financial Details
Asking price:
£500,000
Sales revenue:
£2,200,000
£500,000
£2,200,000