Engineering businesses for sale in Staffordshire

View the "High Profit Turnkey Engineering Service Business" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

  I had the first inquiry within a week and my second inquiry led to the sale of my business!  

Katie Crompton (Sept 2017)
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Asking price: Offers Invited
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Business Description
High Profit Engineering Service Business with Huge Potential
**The business currently operates from leased premises of approximately 2000 sq ft. The business is currently located in the Midlands. Prospective buyers may choose either to remain at this site or can easily transfer the business to run from their preferred location nationwide. Primarily this is an internet-based operation, despatching items throughout the UK, and can be run with or without a Trade counter collection option. The owners can exit the lease at very short notice. The business can be easily transferred to other premises at minimal cost.

The skills of the Management team have developed a production solution which delivers

Quality products from proven processes

Build quality from Jig Manufacture – All products tested

Class leading warranty

All Processes are documented

There are 26 million boilers in the United Kingdom. A significant number of these boilers fail every year. My client provides replacement parts which:
• Have double the warranty of the majority of OEM product
• Are supplied at a significant cost saving to the market
• Are readily available within 24 hours
• Cover the majority of boiler types in the UK
If you are an Engineering Services business, An Operator in the Gas, Insurance and Utility sector or a business that is associated with boilers in any way, or possibly a facility or property management company the purchase of this high profit business could significantly Increase your revenue, reduce your costs and increase profitability significantly.

Alternatively, if you are looking to purchase a high profit manufacturing business with huge potential this could be the business you are looking for. Expectations are that turnover will at least Quadruple in the very near future, gross margins will remain at over 90% and fixed costs will not increase significantly.

Trade highlights

- Broad client book, with over 80% repeat business
- High profile customers
- Technical knowledge ensures that a solution can be found to reliably repair most components of its type
- Build, inspection and testing processes in place for all products supplied
- Operations Procedures in place

Key Financial Information
Annual Turnover:

2016 £100,283
2015 £110,964
2014 £103,673

Owner Earnings £70,000 minimum*

A well-established Engineering Services Business that specialises in the Re build and supply of electrical components which are extensively used in Central Heating Boiler repairs. The business model is an Exchange Service; thus, your stock is continually replenished at no cost.

The current owners wish to enjoy their retirement and thus are in a position to put the business on the market. As they are already semi- retired, the operation has been deliberately run on a low-key ‘part time’ basis for some years, however the business will be easily upscaled to exploit the huge expansion potential of supplying over 26 million households in UK alone that are gas centrally heated.

The business and the products supplied have an excellent reputation within the industry, and all products supplied come complete with a class-leading 2-year warranty.

The purchase of this debt free, high reputation business with year on year growth is inclusive of:
E Commerce Website
Established Workshop and tooling.
Intellectual property
Customer database
Stock, spare parts inventory, testing jigs, workbenches, tools, test equipment, repair templates and all stationery

The owners will help recruit and train staff and give 3 months technical assistance to ensure a smooth handover.
They will also provide ongoing assistance with new PCB jigs on a consultancy basis.

Unique Opportunity

Exchange Electrical Components

Professional Service with high quality processes

All product is supplied with a guarantee that is equal or better than any new product in the market

The product can be supplied at a fraction of the cost of a new component.

If you wish to continue to run to the current business model you will inherit significant opportunity to increase Turnover and significantly increase profitability. The business operates at a 90% Gross Profit with very low overheads.

If you are already a significant Operator in the Gas Utility and insurance market and wish to absorb this business within your existing infra structure you will be able to generate massive cost savings compared to the traditional business model.
Additionally, you will gain many options to increase revenue significantly through website/corporate sales.
Trading Hours:
9-5

Number of Employees: 2

Support & Training: 13 weeks

Website:

Listed by: Transworld Business Advisors

Find out more about this business opportunity.

 
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Would you like a free no-obligation discusson with a qualified finance provider who could help you to buy this business?
You will ONLY be contacted by your local ASC Finance director. Your details will not be passed on to any third party.
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36971-81664
Seller Reference:
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