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Top Casting & Stacking Machines Provider in North West England on Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    10/04/24

  • Advert ID

    609572

  • Reference

    155577 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £1,600,000 (£30,769 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Leading provider of casting and stacking machines – based in North West England

The company is a prominent designer, manufacturer, and installer of casting machines and stacking plants. Due to high client demand, the business has developed its own bespoke machinery, enabling it to meet all of its clientele’s requirements. A diverse range of products are offered by the company, including straight-line, sow, and gravity die casting machines, as well as lift table, radial arm, and gantry stacking machines. To complement its core products, the company also provides ancillary equipment if requested. Our clients are now offering the business for sale to facilitate further growth under the impetus of new ownership and to aid retirement plans. Offers invited. Generated a turnover of £1.6m in YE23, with an adjusted EBITDA of £351k. Maintained a net profit margin of 45% in YE23, achieving a gross profit of £716k. Operates within a stable market,  with global industry revenue projected to increase by 20% through to 2029. Extensive operations implemented worldwide, with active sales agents in North America, Poland, and Germany. Benefits from long-standing client relationships, with some spanning 35 years. Not reliant on its existing network, with 80% of sales deriving from new clients. Received ISO accreditation, ensuring all work is completed to industry standards. Operates from shareholder-owned premises, which are included in the sale and have extensive opportunity for further expansion.

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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 'Leading provider of casting and stacking machines – based in North West England - 155577 / 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.