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Profitable Engineering Specialist Business with Loyal Customer Base & Exclusive Distribution Rights for Sale

Undisclosed

CONFIDENTIAL SALE

  • Leasehold: Price on Application
  • Turnover: £3,200,000 (£61,538 per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Well established engineering specialist in process plant and equipment

The business is a leading provider of specialist process plant and equipment.  It specialises in the sale of new and refurbished equipment, providing after care and repair services, and hiring out a fleet of skid mounted process plants.

The company is the exclusive UK and Ireland distributor for three large multi-national companies, selling a wide range of their specialist products.

Currently offers its service to 103 active customers who provide ongoing and reliable revenue. There are a further 44 or so, who provide additional revenue from time to time.

In 2024 79% of sales came from customers loyal for five years or more, 61% for more than ten years.

The business has established a strong blue-chip client base across the UK and Ireland and continues to add new customers year on year. The business has a modern, sophisticated CRM system.  It relies on direct selling supplemented by AdWords and LinkedIn marketing.

Accredited to ISO 9001, 14001 and 45001 standards, is Safe Contractor approved and UVDB Achilles accredited.

It operates from leasehold premises with 2 years until the next renewal.  

YE24 management turnover of circa £3.2m with an adjusted EBITDA of circa £400k.

Gross profit has increased by 83% over the last four years.

Our clients are offering the business for sale to facilitate further growth.

Offers invited.

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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 'Well established engineering specialist in process plant and equipment - 157138 / 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.