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Hydraulic engineering and equipment supply company in Tyne and Wear available for sale

Undisclosed, Tyne and Wear

CONFIDENTIAL

  • Turnover: £1,200,000 (£23,077 per week)
  • Profit: On request

Business Details

HYDRAULIC ENGINEERING, MANUFACTURING, TRAINING, AND EQUIPMENT SUPPLY COMPANY

Tyne and Wear.YE25 turnover of circa £1.2m, with an adjusted EBITDA of £195,000.Provides a comprehensive range of services for the hydraulic fluid power industry, including the design, manufacture, and installation of hydraulic systems, the supply of associated equipment and components, and repair and recertification services.Offers British Fluid Power Association-accredited hydraulic engineering training courses at its dedicated training facility.Built strong, long-standing relationships with world-leading suppliers and multinational clients from a wide variety of industries.Prides itself on its skilled workforce and reliable service.Extensive asset register of key equipment, machinery, and vehicles, collectively valued at circa £278,969.Pipeline in place of a new site service contract, repair work, and equipment sales, currently valued at circa £350,000.Operates from leasehold premises.Offered for sale to facilitate retirement plans.Offers invited.
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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.

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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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