Buy a business

Specialist Lifting and Materials Handling Company

North West England

Advert ref: 1508dPD

This company specialises in a broad range of products aimed at lifting, material handling and health and safety. Products are fabricated in house or bought in or re-sold. Alongside these product sales is regulatory driven, after-market testing and inspection service. 

The business owns a substantial freehold factory with a significant fixed asset base. 

This is a turnaround opportunity, a chance to modernise a company with a long history and build a prosperous future.

The current shareholders wish to retire and are supported by some key people who will stay. However please note that the management team will need some refreshing.

This business presents an opportunity for an existing engineering business to acquire large, freehold premises and amalgamate operations. 

Alternatively, it provides a north west base for a company with operations elsewhere in the UK, perhaps with a slightly different but complimentary product set. 

Finally, it would make an excellent investment opportunity for a consortium who can bring necessary management skills to the table to drive the business forward. 

Offers sought for 100% of the share capital  

Key features:

Property Details: Freehold
Asking Price: Offers Invited
Turnover: £1,900,000 Annual

North West of England.

Premises Details:

It is a purpose-built industrial warehouse, being constructed of a steel portal frame, part block/brick with uPVC profile infill walls. Freehold. 

Reason For Selling:
This is the last generation in family ownership, but our client wishes to see the business succeed in new hands and taken forward for the next 100 years.

Financial Details:
In 2021 turnover was £1.9m generating an EBITDA £42k (after replacement management cost). Net assets at Jul-22 stood at £1,123k after revaluation of property, fixed assets and stock.

Specialist Lifting and Materials Handling Company North West England
Specialist Lifting and Materials Handling Company North West England Click image to expand (3 images)

Financial Details

  • Freehold: undisclosed
  • Turnover: £1,900,000 Annual
  • Net profit: £42,000
  • Fixtures value: undisclosed
  • Stock value: undisclosed