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.

Team:
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.

Opportunity:
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. 

Asking:
Offers sought for 100% of the share capital  

Key features:

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

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

Financial Details

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