Overview
Description
The business specialises in a wide range of composite services catering to the motorsport industry, it services car enthusiasts, racing teams, and established motorsport entities, including Formula 1, GT racing, WEC, Formula E, and electric boat racing organisations.
Its services encompass composite repairs, non-destructive testing, manufacturing of composite components, high-quality bodywork painting, and comprehensive race support.
Our clients are now offering the company for sale to facilitate retirement plans.
Benefits from 150 active clients, 98% of which provide reliable, repeat business.
The company has multiple contracts in place with blue-chip clients such as Mercedes, Williams F1, and Tuthill Porsche.
Experienced and dedicated workforce in place, with high staff retention rates and a wealth of in-house expertise.
Our clients are willing to remain within the company, subject to negotiation.
An ideal bolt-on opportunity for complementary service providers looking to extend their offering and client base.
Operates from three leasehold premises.
Scope for growth through the implementation of additional marketing strategies.
YE24 forecast turnover of £1m.
YE23 turnover of £626k with an adjusted EBITDA of £223k.
The business has a strong current order book with multiple high profile clients in the pipeline.
Offers invited.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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