Engineering Service Business for Marine & Environmental Sectors for sale – (Ref. 2172)

This consistently profitable and cash generative business has a long heritage within the marine services industry, during which time it has established an excellent reputation.

The company has an extensive and diverse client base of major organisations, several of which are on long-terms contracts with recurring revenues, enjoying repeat business of c. 88%. The business is not reliant on any one customer and operates without owner reliance.

Whilst continuing to grow its core business, the business has successfully diversified into the environmental sector, providing services for recycling plants, inland waterway conservation and wind farm maintenance.

The business operates with an experienced management team and is highly scalable, providing impeccable customer service to achieve a robust and achievable growth plan. Location: South East

Turnover: £14.6m, Operating Profit: £305k, Adj. EBITDA: £1.335m, NAV: £839k

Asking price: Offers invited

Reference No: 2172

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Turnover: £14.6m

Net Assets: £839k

Plant & Machinery: Included

Asking Price: Offers invited