Business Offered For Sale: Mechanical and Engineering Contractor (“the Company”)

Description

Business Offered For Sale: Mechanical and Engineering Contractor (“the Company”)

 

Business Opportunity:

An opportunity exists to purchase the business and assets of a  Mechanical and Engineering contractor operating  principally across London. The Company focuses on servicing the commercial office fit-out, education and healthcare sectors.

The purchase will be executed at the earliest opportunity.  All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.

 

Business Overview:

  • Established business
  • Excellent and long standing customers relationships
  • Provides services including to the commercial office fit-out, education and healthcare sectors.
  • Ongoing work in progress
  • Significant pipeline of new business opportunities

 

Financial Information:

Full Year Accounts to 31/12/21

(£)

Full Year Accounts to

31/12/20

(£)

Turnover £11,149,000 £6,947,827
Gross Profit £(538,339) £740,405
Net Profit/(Loss) £(2,647,431) £(261,753)

 

Assets Available for Sale:

  • Goodwill
  • Client Base
  • Work in Progress
  • Pipeline of Potential Orders
  • Inventory of owned office equipment and leased vehicles

 

Location:

South East of England, UK.

 

Deadline for Offers:

Indicative offers no later than 22nd May 2023 all offers to be supported by proof of funds.

 

Further Information:

For further information or to request a non-disclosure agreement please contact the Manchester office on 0161 217 2727.

 

 

 

 

Sector

Engineering Contractor

Turnover

££11,149,000

Location

South East of England, UK.
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