BUSINESS FOR SALE

 

Engineering Supplier, metal Cutting Blades and Machines

 

Confidentially offered for sale

 

 

Location: South East England

 

Freehold

 

Asking price: £1,300,000

Asking price includes:

Turnover circa – c£1,562,565

Gross Profit circa – c£746,248

Adjusted EBITDA before management costs of £280,235

NAV of c£407,306

 

Business Profile:

 

Established in the late 1980’s by the current vendor, this business is now one of the leading  band saw machinery and blade suppliers in the UK. The business operates primarily as a supplier of sawing solutions for all type of industries and materials as well as a manufacturer of industrial blades. Their services include standard and custom built machinery, consumable products- blades, coolants and service, spare part and training. The business is a manufacturer of own, well known 25 years old industrial blades range and is a suppler of well-known blades range and for special applications.

Company has own bandsaw brand name and manufacturing bandsaws in Europe for last 20 years, as well as UK agent of well-established European manufactories.

The market outlook for this business is excellent. The business is well-known and has received outstanding reviews from previous clients. The business is well-branded and owns the trade mark to the brand name.

The business currently trades from freehold premises which are valued at £850-950K

The freehold is available by separate negotiation

Annual rent – c£75,000 (current rent payable)

Rates – £18,644

The building is fitted with alarms and CCTV.

 

The current employees are:

The owner (part-time)

1x manager (owner’s wife-part-time)

1 x office manager/accountant

1x administrator

1 x service manager

1 x workshop manager

1 x blade welder

The business hours are currently:

Monday – Friday

0830 – 1700

Key Considerations:

  • Excellent reputation @ 5 star trustpilot
  • Extensive client base
  • Strong market presence
  • Personalised and unique service
  • Supplier and manufacturer
  • Well-branded
  • Long established
  • Good profit margins
  • Website
  • Owns registered Trade Mark

Financial Information:

Turnover circa – c£1,562,565

Gross Profit circa – c£746,248

Adjusted EBITDA before management costs of £280,235

NAV of c£407,306

 

 

Asking Price:

 

The Asking Price of £1,300,000 is for 100% of the issued capital of the company. The target NAV is c£407,306 and there will be a £ for £ adjustment to the final sale price to reflect any movement away from this figure at completion.