Hilton Smythe introduces to the market Advanced Engineering Ltd. This unique business specialises in precision engineering specialising in industrial gases and cryogenic systems.
Almost all of the work is installation on customer’s sites and depots though out the UK. The business also offers maintenance on pumps; compressors etc. and offers a small percentage of call out services for customers. The company also carries the installation of High Pressure Pipework including Oxygen, Argon, Nitrogen, Helium and Hydrogen – to name a few!
This highly profitable business run by a successful husband and wife team was established 14 years ago and operated from an industrial building at their home address. Therefore, the business only is for sale and is wholly transportable as the current owners are looking to relocate. This is a fantastic opportunity for other engineers looking to diversify or expand, or it may be of interest to venture capitalists.
The installation contracts have been built up through a combination of reputation and word of mouth, and the business has an impressive portfolio of blue chip clients such as Rolls Royce, British Aerospace, Air Products, Air liquid and other industrial gas companies in addition to 8 beer gas companies. There is the possibility of developing the business further with the introduction of marketing or development of a website.
Please contact Hilton Smythe for further information on this fantastic, rarely seen business opportunity.
There are no premises included.
This is a family owned and operated business by a husband and wife team who are Director and Secretary with 3 staff members.
The reported annual turnover to November 2011 is a very healthy £392,000 with reported gross profit of £336,000. Our Clients joint salary is £270,000 per annum.
Our Client advises they would be happy to agree a transitional period after completion for at least six months, terms to be negotiated.
The equipment and tools have a value of around £55,000 and stock around £22,000, all of which are included in the sale price.
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