Hole Punching Systems For Sheet Steel And Machines For Working With Busbar | | Undisclosed Middlesex | | MIDDLESEX –FULLY RELOCATABLE HOLE PUNCHING SYSTEMS FOR SHEET STEEL AND MACHINES FORWORKING WITH BUSBAR Established 30 years Genuine Retirement Sale A/T: £220,000 EBITDA: £66,000 Excellent scope to expand L/H: Offers Over £350,000 REF: 9724HA | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 52270
ADVERT IMPRESSIONS : 6,173 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Machinery | | SALE: | Agent Sale | LEASEHOLD: | £OVERS OVER £350000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | BUSINESS SUMMARY
The Company is involved with the design, manufacture and marketing of portable hole punching systems for painted and folded sheet metal (mild steel and stainless steel). Additionally, the Company designs, manufactures and markets machines used for working copper bar (busbar). Manufacturing of the machines is sub contracted.
Revenues are also generated from sales of replacement parts, tooling and consumable items along with ongoing maintenance and servicing for machines.
Our client has a successful trading history spanning the last 30 years. During this period the business has generated significant levels of profit and has become very well known within a specialist, international, market place. The Company has customers based in 35 countries worldwide in addition to those based within the UK.
Over the last 5 years the Company has consolidated its excellent reputation within the market. It has proved to be consistently profitable, with a tried and tested product range servicing the needs of a specialist audience. The global market is set to grow.
The Company would be an ideal purchase for a similarly sized or larger corporate with a good knowledge of the industry and with an acquisitive growth strategy. Such a purchase would give access to a range of uniquely designed products and a mature international customer base. The business could appeal to a rival firm or alternatively to a company operating within the wider industry, such as a seller of enclosures, or one selling switchboards or dealing in copper.
SCOPE AND POTENTIAL
Existing markets are mature and stable with future demand likely to remain solid. Increased demand for product is anticipated from new markets which are emerging, especially within Eastern Europe.
The excellent reputation the Company has within the market could be best exploited by a buyer with access to an international distribution network, allowing products a wider audience. Additionally, the Company products often occupy a slightly different (often lower) price point within the market compared to direct competitors. This could allow the right buyer to extend their product range and acquire new customers.
Further development of existing website would be ideal, particularly to allow customers the opportunity to complete purchases on line.
PREMISES
The business currently operates from a small office, showroom and workshop based in North London. The vendor owns the freehold to the building and would be happy to grant a lease to the buyer should this be required.
Given the fact that manufacturing is sub-contracted and that a geographical presence in London is not a pre-requisite for running the business, it would be entirely possible to re-locate the business globally.
FOR FULL DETAILS PLEASE CONTACT OUR OFFICES | | | | | | FOR SALE | | | | | REFERENCE: | 9724HA / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
