Intelligent Business Transfer are delighted to bring to the market this superb opportunity to acquire a specialist thermoforming tooling company, in the Midlands.
The business has been established since 1985 and has experienced financial growth on an annual basis since then. The company has vast experience in the thermoforming industry, working with their clients to design, manufacture and produce their tooling requirement. The business has a great reputation in their industry and can boast a loyal customer base, including blue chip clients, who provide the business with regular custom.
The turnover for last year was £511,481, with an impressive adjusted net profit figure of £321,670.
These figures have been achieved despite limited advertising. If a potential buyer were to employ a couple of sales reps to proactively seek clients and advertise in trade specific publications, they would attract new clients and increase the sales revenue significantly.
It is with a heavy heart that the current vendor is selling the business due to retirement. This business would be perfect for an entrepreneur looking for a business in a lucrative industry or a large company looking for a bolt on acquisition with huge potential.
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