Profitable Cambridgeshire Wiring & Electronics Systems Manufacturer with Diverse Client Base for Sale
Undisclosed, Cambridgeshire
- Status
SOLD
- Advert ID
615389
- Reference
MC/WIRE2 / Rightbiz
- Call Agent:
- Leasehold: £675,000
- Turnover: £1,100,000 (£21,154 per week)
- Net Profit: £205,000 (19% Profit margin)
Key Features
- Unique Business
- Established Business
Business Details
Manufacturer of Wiring & Electronics Systems for a Diversified Client Base
A strong, profitable company ideally positioned in the high growth electronic and automation sectors is exclusively marketed for sale by Morton Christie Business Brokers.
The business develops wiring and electronic control systems used in a wide range of industrial, automotive, marine and capital goods markets. The EV sector, amongst others, is providing substantial further growth opportunities.
Clients are typically large corporate entities, often with global presence. Providing bespoke engineered products to meet customer requirements ensures customer relationships are long term with very high levels of repeat business.
The family owned business, located in the East Midlands and operating from fully serviced light industrial premises, employs a committed workforce, including an experienced, 2nd tier management team.
Established over 20 years ago, the company has grown organically over that period, consistently achieving annual sales in excess of £1M and an adjusted EBITDA in excess of £200k.
The guide price for 100% shares of the company is £675,000, to include a debt free cash free balance sheet with a net asset value forecast at c £350k. The vendor will be pleased to support an appropriate handover ahead of planned retirement.
The business is being marketed by Morton Christie Business Brokers and initial enquiries should be directed to them. Please do not attempt to contact the vendor direct.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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
Do not 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 amount 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.
Be safe, use a Rightbiz Solicitor
Contact seller
This listing has been withdrawn from the market. We're currently awaiting confirmation from the seller. Please check back soon for updates.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
