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Deal Opportunities.co.uk

the UK marketplace for company sales

Automotive electrical products & services

Reference
S6109
Turnover
£0.5m to £1m
Sector(s)
Automotive, Engineering, Miscellaneous
Region(s)
North East England
Added
10 April 2019

Business description

Having been established for over 50 years, the company provides a range of automotive electrical services including air conditioning, heating, tachographs,security systems, vehicle tracking and reversing aids for vehicle, plant and marine industries.

The company has built up an excellent reputation since its foundation, with the strength of its workforce and service offering enabling it to maintain a long-standing client base.

Our clients are offering the business for sale to facilitate plans for retirement and would be willing to remain for a handover period post-sale, subject to negotiations.

Offers invited.

Highlights

  • Over 100 active clients, gaining repeat business from 70%.
  • Client relationships are long-standing, with a number having been in place for over 50 years.
  • Approved distributors for a variety of niche products.
  • Operates from freehold premises, which our clients are flexible as to including in the sale.
  • Growth highly achievable through the recruitment of additional, experienced staff to enable the company to undertake an increased volume of work.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2015 (Actual) 767 154
2016 (Actual) 940 214
2017 (Actual) 854 168
2018 (Actual) 786 139
2019 (Forecast) 800 169

  • FY18 turnover of £786k, with an EBITDA of £139k.
  • FY19 projected turnover of £800k, with an EBITDA of circa £169k.

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