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

Sector
Turnover
Location
Mechanical Engineering £2,509,953 Northern England

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

Business Opportunity:

An opportunity exists to purchase the business and assets of a Mechanical Engineering Business operating in the North West of England. The Company has an established business that specialises in the repair and servicing of Electric Motors, Pumps Gearboxes and Fans, with a focus on the elevator sector

 

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
  • Ongoing Work in Progress
  • Plant, Machinery & Stock
  • Establish National Client base
  • Leasehold trading premises

 

Financial Information:

 

Draft Financial Statements for: Year to Date

 

(£)

 12 Months to

30/9/2021

(£)

 18 Months to

30/9/2020

(£)
Turnover 779,523 2,509,953 3,514,870
Gross Profit 210,785 945,095 1,039,444
Net Profit/(Loss) (113,437) 73,729 (240,441)

 

Assets Available for Sale:

  • Unencumbered Chattel Assets
  • Work-In-Progress
  • Client Base
  • Goodwill
  • Plant & Machinery
  • Vehicle Fleet

 

Location:

North West England, UK.

 

Deadline for Offers:

Indicative offers no later than 12 noon on Wednesday 2nd March 2022, 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.