Annual T/O Approx £42,000 '13 Accounts
Variety Of Farm Machinery and Vehicles
Company History Of 41 Years
EPC - Not Required
J Kemp is an established plant and farm hire company operating currently from the Teeside area of England.
Due to the failing health of the current owner, the businesss profit and loss sheet has, over the last few years, reduced in turnover and net profit. It does, however, still make a small profit.
The businesses balance sheet is still extensive and, ostensibly, this is what is for sale.
The business has a tremendous reputation and new owners may well consider that this is an asset that they may feel well able to continue developing. Alternatively, the balance sheet value represents a serious bolt-on acquisition for any owner/operator.
The business primarily consists of farm equipment such as combine harvesters and multi-track tractors.
The J Kemp business is being offered as a fully relocatable business, so any operator in predominantly arable areas such as East Anglia and Lincolnshire will surely consider this as a very useful acquisition.
Alternatively, a new owner/operator would inherit a well-established name with a sound reputation upon which to capitalise..
A full list of the depreciated assets is available to prospective purchasers. It is important to note that the value represented here is below balance sheet value and is a figure that the current owner feels will be more than appealing to the open market.
One final proposition is that should any new owner not require say, one or two vehicles, these may be excluded from the sale, although it is important to add that the items on the list of machinery will not be sold piecemeal.Fixtures:
Inventory list is available upon request.
Location Details: Trimdon Grange
Leasehold Term: Rent: Relocatable - Rent Not Applicable
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