Well established Manufacturer of Niche Agricultural & Engineering Products for sale – (Ref 1255)

This well-established manufacturer for sale has been trading for over 185 years and has built up a considerable niche business for agricultural and engineering products for a cross-section of industry sectors.

The business to be sold is ideal for acquisition and is represented by a group of four inter-related companies and still retains ample scope for future development and growth.

The main product range has been tried, tested and proven to last longer than anything supplied by competitors. As a result, the business benefits from approx. 90% repeat business from a valuable, long standing client base.

Whilst the business operates from leasehold property within a 5 acre site, the freehold may be purchased if required, subject to independent valuation.

The two main Director/Shareholders are willing to stay on with the business for a period of at least one year or as required, on terms to be agreed. Retirement sale. Location: West Midlands

Sales Turnover: c.£1.7m, EBITDA: c.£252k, PBT: c.£203k, NAV: c.£1.1m

Asking price:

PLEASE NOTE THAT THIS BUSINESS HAS NOW BEEN SOLD!

 

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Reference No: 1255

Location:

Turnover: c.£1.7m

Net Assets: c.£1.1m

Freehold Property: Freehold available if required, subject to valuation

Plant & Machinery: Included

Asking Price: Offers invited