A successful Welding, Wet Spray & Powder Coating Firm
- Asking Price: £2,000,000
Turnover IRO - £3.2m in 2023.
- 100% share capital.
- Interested parties will be required to sign an NDA.
- Tenure: Leasehold
Please quote reference B07375
Operating for over two decades, this company is a manufacturer of a variety of engineered goods. Divided between two sub-companies the business offers a one-stop shop of services, which along with their excellent reputation for reliability and customer service has led to the company enjoying a high rate of demand and repeat business from multiple internationally operating entities.
Established in 2002, this company is a manufacturer of a variety of products within the engineering space. Divided between two sub-companies, one side constructs an array of finished and assembled parts along with providing a wide range of metal working services. Meanwhile, the other side of the business provides a wide array of industrial painting, wet spraying, and powder coating services.
Over the last two decades, these companies have cultivated excellent reputations within the industry. This being due to their reliability, excellent customer service record, and high production standards, along with their one-stop shop approach and offering of related services. As a result, the business has grown to have a strong financial profile with turnover exceeding £1.9m in 2020, rising to £2.7m in 2022 with the turnover for 2023 in excess of £3m. Additionally, the company has accrued an extensive list of internationally operating clients.
From the perspective of a potential buyer, the acquisition of this business provides an assortment of advantages and opportunities. In particular, the new owners would inherit a long-lasting lucrative business with high profile regular clients, an incredibly skilled and resolute workforce, strong industry connections and excellent reputation within the space.
- High profile regular clients.
- Dedicated, specialised, workforce.
- Wide array of services offered between the two companies.
- Strong financial profile.
- Combined annual turnover of approximately £3.2m between both companies in 2023.
- Excellent reputation within the industry.
- High rates of return business.
- Scope to expand services.
- Capitalise on growing British manufacturing industry.
- Increasing capacity for new projects.
The business has a highly skilled workforce in place.
The business trades all year round.
Based in the South East.
The business operates from extensive premises.
The premises are Leasehold - we are advised further information is available on request.