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BUSINESS REFERENCE : IM009 / RightBiz VALVE MANUFACTURER | | | | | | Valve Manufacturer (Chemical, Water & Steam Valves) Confidentially offered for sale Ref No: IM009 Location : Flexible – Relocation Sale Asking Price: £250,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Manufacturing | | TRADE TYPE: | Machinery | | SALE: | Agent Sale | LEASEHOLD: | £250,000 | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
The history of this company can be traced all the way back to 1872. The company manufactures a leading range of mechanical valves with application for chemicals, water and steam. The business has a clear focus on engineering excellence with knowledge and experience gained from supplying applications solutions and complete systems to customers in Government, Defense, Aerospace, Quarrying, Offshore and Marine, Water Utilities, Waste, Civil Construction and many other industry sectors. The business is an ISO 9001 and ISO 9002 certified company and offers the expertise to design valves for a specific purpose or remanufacturing to existing precise specifications.
Such is the company’s prominence and excellent reputation in this specialist manufacturing niche market, that in order to observe the vendor’s wish for the business to be offered for sale with the utmost confidentially, we are unable to specifically identify the trade name or nature of the product produced. However, more specific information will be released to suitable parties, upon the signing of our standard non-disclosure agreement.
The business has the technical and manufacturing capacity to increase production to meet the exceptional growth potential this product range offers. With the benefit of comprehensive manufacturing facilities, the highest quality through key business areas has been maintained and conforms to British Standards where appropriate and to stringent strength and test standards. The business has also maintained significant control over costs in a demanding market. The ability of this business to grow and sustain its profitability is due entirely to the quality of its product.
The companies core products include:
Manually operated chlorine and chemical valves:
Globe, Angle Billet, Stock Tank and Special Purpose
Pneumatic spring and diaphragm operated bronze valves for
steam, hot and cold liquids and high pressure water service:
2-way, 3-way, 4-way Semi-automatic, Manifold, Two Pressure & De-scaling
Pneumatic, electric and electro hydraulic process control valves:
2-way, 3-way diversion, 3-way Mixing, Single Seated, Double Seated, Balanced and
and Angle Type with a Variety of Body and Trim Materials
Clients:
The business are proud to work with a wide range of clients across many industries including overseas Governments, Ministry of Defense (MOD), Blue Chip and Industrial Companies. In each case, the business builds a long-term relationship based on trust, reliability and support.
Equipment:
Included in the asking price is all plant and machinery, thus offering a trade from day one, profit from day one opportunity.
Customer Service:
One of the major features in the company’s growth and success, apart from the quality of the product, is the importance of good customer relationships which enables it to maintain a first class service.
Key Strengths:
The business has continued to move forwards and offers a complete manufacturing solution with ongoing spares supply. This is a recession proof business with ample growth opportunity as there is continuous demand for the company’s core products which are utilised in almost every industrial infrastructure world wide.
Growth and Expansion:
The wish to retire creates a rare opportunity for a new, knowledgeable owner, potentially a person with a skilled machining or mechanical engineering background, to take this solid business on to the next level. There are considerable opportunities for expanding the company's revenues and profits within the existing high profile customer base as well as through marketing efforts targeting new prospects
Key Opportunities:
At present the business do not advertise their services and investment in marketing could easily double the current turnover for this excellent business.
Premises:
The current owner’s retirement plans have always been planned to coincide with the 2008 expiry of the premises lease. The business is presently Midlands based but can easily be relocated to operate from any UK location without any negative impact upon its performance or client relationships, many of which are based overseas. The business requires a workshop area of circa 3,000 square feet.
Advertising and Marketing:
The business has not used advertising in the past. The best form of advertising for this business is and will always be "Recommendation". A large percentage of new clients derive from referrals and the business regards existing clients as their best advertisers. It has maintained an excellent reputation since inception and there is immense opportunity to implement further and more assertive methods of advertising to expose the business to even greater markets, with a high proportion of the business’s revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry. The business for sale has a professionally designed website that offers excellent potential to increase turnover in the future.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with no borrowings, low overheads, positive cash flow, enjoys a strong order book, good gross profit, no bad debt and has shown consistent growth and resilience under the stewardship of the current owner over the last 47 years.
Sales revenue is circa £185,000 per annum with a profit of circa £83,000
The Vendor additionally highlights that with a commitment to the opportunities illustrated, the business could dramatically increase its revenues and margins accordingly.
Employees:
In addition to the working owner there are 2 full time engineers / machinists.
Support and Training
A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership.
Reason for Sale:
Having owned this successful business for nearly 50 years, the owner now wishes to retire.
| | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | IM009 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
