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Northamptonshire Temperature Control Product Manufacturer - High Turnover & Profit

Undisclosed, Northamptonshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    23/11/22

  • Advert ID

    504163

  • Reference

    M34765B / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £1,500,000
  • Turnover: £2,585,698 (£49,725 Per week)
  • Net Profit: Not Applicable

Business Details

Global Leader Manufacturer of Temperature Control Products



18 year established business
Experienced second line management team
International customer base
Turnover average (5 years) = £2.249m
EBITDA average (5 years) £380k
Scalable business in sector with increasing demand
Intellectual property protected by patent and trademark
Confidential sale - applicants will be required to provide proof of funding

Everett Masson and Furby are delighted to offer for sale an established and profitable manufacturer of temperature control products, based in Central England.

The company, which is established as a market leader in its niche, sells products mainly for use in the retail convenience sector. In addition to its traditional lines, new products are being developed which will produce even more significant savings to customers. In our opinion, the present strategy for scaling the business based on present and new lines is extremely exciting.

Turnover for the year to 30th April 2024 is expect to reach £3.0 million with £4.0 million sales forecast for the next financial year. Thereafter £5.0 million sales by 2027 is achievable and £7.0 million annual sales within five years under the right management.

This is a retirement sale and, whilst the present directors are prepared to stay on for a reasonable handover and possible continuing consultancy arrangement, it is their intention to stand down from the business on sale.

This is a confidential sale and applicants will be required to complete an NDA and provide evidence of funding before further details can be made available.

Guide Price: Offers are invited in the region of £1,500,000 plus the value of the net assets of the company at completion, for 100% of the share capital.

Contact sole agents Everett Masson & Furby for further information



VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01908 904555.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'Global Leader Manufacturer of Temperature Control Products - M34765B / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.