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the UK marketplace for company sales

Rebuilder of gearboxes and transmission

Reference
S7483
Turnover
£1m to £2m
Sector(s)
Automotive, Engineering, Motor dealerships, Technology
Region(s)
UK Wide
Added
15 February 2021

Business description

Shareholders are seeking to sell the entire share capital.

Interested parties will be required to sign a non-disclosure agreement

Highlights

  • Long established and highly regarded Company based in the North of England
  • UK nationwide coverage as well as expanding overseas markets including the US and Canada
  • Adaptable product range
  • Strong and well established relationships with a loyal customer base with no key customer dependency in the passenger vehicle industry
  • Contracts with major bus groups Strong financial position with excellent gross margins (30% on average) and well maintained cost controls
  • Current annual turnover run-rate of circa £1.1 million (19/20) reduction in comparison to prior year of £1.6 million due to COVID-19.
  • Current maintainable profits run-rate of circa £250,000 Modern and efficient industrial workshop premises Leasehold industrial unit as follows:
  • Unit size - 12,311 sq. ft. Occupied on 10 year lease from Oct-20 with rent of circa £50k pa and a 5 year break available to the Company.
  • Experienced management team Skilled and loyal workforce

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