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Marine engineering business for sale in Essex with strong client relationships and valuable assets

Undisclosed, Essex

CONFIDENTIAL

  • Turnover: £420,000 (£8,077 per week)
  • Profit: £80,000 (20% Profit margin)

Business Details

A SPECIALIST MARINE ENGINEERING BUSINESS

Essex.YE25 turnover of £420,000, with an adjusted EBITDA of circa £80,000.YE26 6-month management turnover of £660,000, with an adjusted EBITDA of £180,000.Provides vessel repairs and specialist marine engineering services, alongside fabrication services, for small-to-large projects.Assets to be included in the sale have a combined value of circa £95,500.One key client relationship has been retained for a decade thus far.Has completed over 80 projects since its formation.Operates from leasehold premises.Offered for sale to provide time for the shareholder to focus on family commitments and a complementary business.Offers invited.
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Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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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.

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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.'.

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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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The data showed regarding this advert 'A SPECIALIST MARINE ENGINEERING BUSINESS - 171615 / 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.