A well established and strongly profitable engineering business, located in the Midlands.
The business predominantly maintains, repairs and refurbishes rotating machinery, typically used in manufacturing production lines, and food storage etc, including industrial gear boxes, electric motor rewinds, dynamic balancing and pump repairs. It also carries out some general machining work for pre-existing clients.
The company operates from a well-equipped premises, owned by a 3rd party, and employs more than a dozen staff in addition to the directors, who are happy to remain with the business in the medium term, but without the overall ownership responsibilities for the business.
Revenues have grown consistently and are expected to again exceed £2M in the current year, with a stable gross margin of c 56% and delivering an adjusted EBITDA approaching £0.5M.
The Guide Price sought by the Vendors for 100% of the shares of the Company is £2.0M. The business will be sold on a debt free, cash free basis to include a Net Asset Value at Completion expected to be in excess of £300k. The balance sheet contains surplus cash, which the vendors expect to be added to the consideration on completion.
The company will be an attractive acquisition for both a larger trade buyer looking to extend its range of services, client base, geographical coverage and / or technical capability and also those looking for a stable stand-alone engineering business, with a robust blue chip client base and significant further growth opportunities.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2021 (Actual) | 1,430 | 280 |
| 2022 (Actual) | 1,480 | 300 |
| 2023 (Actual) | 1,770 | 480 |
| 2024 (Actual) | 2,080 | 450 |
| 2025 (Forecast) | 2,100 | 480 |
All opportunities on this website have been posted by advisers, or occasionally by company owners. Deal Opportunities Limited is not acting on any of these opportunities.
All the information available to us for this opportunity is shown above. We do not have any additional information.
Please contact the person responsible for this opportunity in order to request further information, or to express an interest in it.
You are not currently logged in to the site. If you are a regular user, please log in before requesting contact details.
Register Log in now Get their contact details without logging in
Offering a fully comprehensive service, offers security solutions including canine security, mobile patrols and CCTV towers. Around 90 active clients.
Project Marin provides an end-to-end solution for commercial shopfitting, air conditioning and refrigeration, encompassing the design, installation, servicing and maintenance of components.
Land and Property Development benefiting from an experienced management team, a deliverable land bank with planning permission, excellent working relationships with District Councils and Design and Build contracts secured.
Turnkey Renewable Energy with Recurring Revenue Streams.
Business & Assets of a Fluid Packaging Systems Company.
Seeking interested parties in a market leading e-commerce retailers of Garden Machinery & Equipment. Trading for over 30 years the business has an enviable following coupled with a market leading online presence and brand recognition.
Limited company property business looking for a sale due to retirement. The business currently has a property portfolio of two commercial properties and one residential property.
Scaffolding business operating throughout East Anglia. Owner run with managers and an experienced team of scaffolders. Operating under the current ownership since 2009. Excellent reputation for reliability and customer service. Semi retirement sale. Turnover Y/E 24 of £1,292,606 and a Gross Profit of £384,450 with a large asset base worth ~ £1.1m
Altius Corporate Finance are delighted to present Project Wyatt a groundworks construction company based throughout the UK. The business is well-established and offers its services across the region. The business represents an excellent acquisition for an existing operator within a similar sector or a new market entrant.
Coach company based in North East Scotland. The business is well-established and offers its services across the region. The vendor now wishes to retire, with the business representing an excellent acquisition for an existing operator within a similar sector or a new market entrant.