Engineering businesses for sale in Norfolk

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

 Daltons is the way to go and the one I recommend. 

C. McFarquhar (Apr 2017)
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Leasehold Price: Offers Invited Under Offer Annual Turnover: £1,780,167 Annual Gross Profit: £832,779 Annual Net Profit: £633,692
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Business Description
Outstanding opportunity to acquire a highly established manufacturer of specialist trenching equipment, based in East Anglia.

Established for nearly 50 years.

Specialises in agricultural drainage, sports-turf drainage and civil engineering trenching and unique bespoke commissions.

Holds an extensive worldwide network of authorised dealers in more than 20 countries.

Has a widespread customer base of largely substantive, high-profile clients.

Over the past 3 financial years it has realised an average adjusted EBITDA of 30%.

Unique, ‘first-of-their-kind’ award-winning products.

Valuable, exclusive domain name and a fully-comprehensive website in 4 languages, which is currently being re-designed.

A long serving, capable and highly skilled workforce.

The company has a strong brand in its market space and a strong reputation for the quality of its products and after-sales service.

A new acquirer with more proactive business development resources could easily increase sales volume by 25-30% without needing to increase staffing levels.

The sale represents an outstanding opportunity for other construction, sports-field and agricultural equipment manufacturers, or machinery manufacturers looking to diversify into this profitable niche sector.

Products

- Agricultural/Land Drainage Trenchers
- Sports-Turf Drainage Trenchers
- Civil Engineering Trenchers

Employees

Two active vendors and 12 staff in the roles of Accounts, Purchasing Assistant, Welders, Fitters, Foreman and Storeman.

Premises

A fully refurbished, 20,000 sq. ft. factory and warehouse with extensive offices.

Reason for sale

One vendor wishes to retire following a hand-over, the other – the Commercial Director wishes to remain with the business and would consider equity participation if this suited the acquirer.

Financial Overview for year ending 30th June 2017
Sales revenue £1,780,167
Gross Profit £832,779
Adjusted EBITDA £633,692
Tenure: Leasehold

Downloadable Documents

Listed by: Hornblower Business Brokers Ltd

Find out more about this business opportunity.

 
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HFM156
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