Engineering companies for sale in Tyne and Wear

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Mr & Mrs Neville (Sept 2013)
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Leasehold Price: £319,950 Price Reduced Annual Turnover: £370,000 Annual Net Profit: £92,500
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Business Description

Intelligent Business Transfer are delighted to be able to offer this superbly well-developed and reputable business to the market, which provides a profitable opportunity to a new buyer.

With solid foundations already set, a new owner is presented with a fantastic opportunity to capitalise on the success the current owners have achieved and with little effort, could leverage the business’ reputation and propel the business further.

Known for its flexible approach and for providing work to a range of nationwide Blue Chip, Offshore, Construction and hotel companies, the business has successfully grown each year without an online or social media presence. Establishing a website and maintaining a Twitter account would present great benefits to a new owner and would increase exposure to the business, effectively increasing its workload, customer base and ultimately, its revenue.

As well as this, hiring more employees would further allow the business to manage a larger workload and would increase the turnaround on each project.

This business has huge scope for development and would be ideal for an engineer looking to grow a successful business model or a company looking for an add-on.

Intelligent Business Transfer has been tasked with finding a suitable buyer who will invest time and effort in the business to uphold its reputation, grow further and continue catering for its existing customers.
Number of Employees: 5

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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