Engineering businesses for sale in Staffordshire

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Leasehold Price: Offers Invited
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Business Description
High Profit Engineering Services Business

Business Type: Electrical Component Exchange Service
Price: Offers Invited

**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.
Showing Instructions
Highly Confidential Must Contact Listing Agent for Instructions
Competitive Overview
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 of PCBs, 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.
Showing Comments

Potential Growth
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*

*Further detail available for discussion
Trading Hours:
9-5

Number of Employees: 2

Tenure: Leasehold

Support & Training: 13 weeks

Website:

Listed by: Transworld Business Advisors
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36971-81664
Seller Reference:
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