£0 £1000000
£0 £1000000

Successful Custom Vehicle Conversion Business

Northamptonshire

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Archived

£2,300,000 +SAV

Ref: B05179

Business Only

Overview

Please quote reference B05179

Hilton Smythe welcomes to the market a custom vehicle design and automotive engineering solutions & manufacturing company established for 25 years with over 300 years combined experience.

Due to retirement this very rare and exciting opportunity has now become available and would be a very attractive acquisition for either an established business already active within the automotive sector looking to expand and branch into additional markets or for an organisation looking to gain a foothold in this custom market and obtain a long-establishes business that has invested in new machinery and technology and established itself within the field of custom vehicle seating.

The business has expanded its engineering base to offer design, testing, engineering and powder coating services and could therefore easily cross pollinate into other markets with huge growth potential for business both in the United Kingdom & Globally.

The principle activities of the company are:

Custom Vehicle Conversion

Vehicle Seating

Seat Covers & Floor Mats 

Design, Engineering & Testing

Tube Bending, Fabrication & Welding

Paint & Powder Coating

 

Turnover
We are advised the business is currently turning over in the region of £1.5M on an upwards trajectory with a very attractive reconstructed profit.

Please quote reference B05179

The business is run and managed by the current vendors with the assistance of 20 x Full time & 2 x Part time staff.

Monday to Friday 8.30am to 5.30pm

Currently located within Northamptonshire, the business is currently relocating to new premises in the same area which should be completed in 4-6 months.

This is a business only sale and is relocatable, however the owners are currently securing new premises which could be made available on favourable lease terms to the new owner.

A full inventory list of equipment is being prepared and will be sent to us from the accountant with a cost analysis attached – This would be made available to serious parties.

Tenure
Business Only

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