Leading Engineering Supplier, metal Cutting Blades and Machines
Location : South East England
Asking Price : £1,000,000
Established in the late 1980’s by the current vendor, this business is now one of the leading band saw machinery and blade suppliers in the UK. The business operates primarily as a supplier of sawing solutions for all type of industries and materials as well as a manufacturer of industrial blades. Their services include standard and custom built machinery, consumable products- blades, coolants and service, spare part and training. The business is a manufacturer of own, well known 25 years old industrial blades range and is a suppler of well-known blades range and for special applications.
Company has own bandsaw brand name and manufacturing bandsaws in Europe for last 20 years, as well as UK agent of well-established European manufactories.
The market outlook for this business is excellent. The business is well-known and has received outstanding reviews from previous clients. The business is well-branded and owns the trade mark to the brand name.
|Is this business relocatable:||No|
Engineering companies, Fabrication Businesses, Precision Tools
|Total Views:||Club Member only|
|Impressions:||Club Member only|
|Total Enquiries:||Club Member only|
|Last Viewed:||Club Member only|
|Last Updated:||Club Member only|
|Last Enquiry Made:||Club Member only|
|Financial performance:||Turnover circa – c£1,562,565 Gross Profit circa – c£746,248 Adjusted EBITDA after imputed management costs of £200,000 NAV of c£307,306 The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.|
|Asking Price:||The Asking Price of £1,000,000 is for 100% of the issued capital of the company. The target NAV is c£307,306 and there will be a £ for £ adjustment to the final sale price to reflect any movement away from this figure at completion.|
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|Premises:||The business currently trades from freehold premises which are valued at £850-950K The freehold is available by separate negotiation Annual rent - c£75,000 (current rent payable) Rates – £18,644 The building is fitted with alarms and CCTV.|
|Business Hours:||The business hours are currently: Monday – Friday 0830 – 1700|
|Employees:||The current employees are: The owner (part-time) 1x manager (owner’s wife-part-time) 1 x office manager/accountant 1x sales manager 1 x work shop and service manager 1 x skilled engineer 1 x blade welder|
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