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Wed, May 22 2024 10:29:03 AM  |  /

Specialist Tools, Equipment and Utility Solutions

Business Id:000853     |    Reference: JH035
Leasehold Price:
£750,000.00
Business Description

Introduction:

Turner Butler has been appointed to invite offers of purchase of the issued share capital of this well established business that supply specialist tools and equipment used predominantly in the transmission and distrbution industry, including unique products and solutions for asset protection and repair in the power, telecoms and high ropes course industries.

Business Profile:

The company operates in a highly specialist field, one of only four UK companies. They undertake work with some of the world`s largest publicly listed utilities, whose main focus is transmission and distribution of electricity.

Customer Service:

The business prides itself on exemplary customer service. This is borne out by very long standing relationships with a number of UK publicly listed utilities providers.

Key Strengths:

Established for 12 years the business performs very successfully in what can be described as a difficult sector to enter. This interesting family run business could represent a quite unique 'add on' to an existing facilities services group. 

Financial Performance:

The goodwill in 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.

Turnover c. £1,600,000

Gross profit c. 34%

Adjusted net profit c. £244,000

Asking Price:

The asking price of  £750,000 plus net assets is for 100% of the issued share capital of the company. Assuming net assets of £288,000

(net debtors, motor vehicles and plant & machinery ) on completion. Calculated on a zero cash-zero debt basis.

Growth and Expansion:

All growth has and will continue to be organic. 

Employees: 

There are 4 full time employees, 3 of which are the owners.

Reason for Sale:

Retirement.

Support and Training:

The owners are willing to stay on for at least 12 months.

 

 
Business Information
Turnover:£1,600,000.00 Annually
Profit:£244,000.00 Annually
Property Status:   Leasehold
Is this business relocatable: No
Business Sector: Precision Tools
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:
Business Profile
Equipment: na
Key strengths: Established for 12 years the business performs very successfully in what can be described as a difficult sector to enter. This interesting family run business could represent a quite unique 'add on' to an existing facilities services group.
Key Opportunities: na
Financial performance: The goodwill in 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. Turnover c. £1,600,000 Gross profit c. 34% Adjusted net profit c. £320,000
Asking Price: 750000
Advertising and Marketing: na
Growth and Expansion: na
Premises: na
Business Hours: na
Employees: There are 4 full time employees, 3 of which are the owners.
Support and Training: The owners are willing to stay on for at least 12 months.

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