Automotive Manufacturing for sale in West Midlands

View the "Manufacturer of Own Range of Towbars" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Manufacturer of Own Range of Towbars

West Midlands, England

  • Leasehold Price: £550,000
  • Annual Turnover: £750,000
  • Annual Net Profit: £150,000
Seller Reference: ASCFL/CARACC
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Business Description
 
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Seller Reference: ASCFL/CARACC
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Business Description
Established over 30 years ago and located in the West Midlands, the business successfully competes with household brands, predominantly online with excellent reviews for both product and customer service.

Excluding the vendor, there are 5 fulltime employees who run the day to day operations very capably. The vendor is currently managing the office processes, typically requiring a couple of hours input per day. The technical / engineering knowledge required is limited, with business acumen and development skills of greater importance.

The business has grown year over year for the last 5 years and is forecast to generate sales in the current year of c £750k, delivering an adjusted EBITDA of c £150k. The guide price for 100% shares is £550,000, to include a debt free, cash free Balance Sheet (expected to deliver c. £100,000 of net assets).
Tenure:
Leasehold
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