A provider of composite engineering services

  • Price: Offer Invited
Seller Ref:154289
For Sale

A provider of composite engineering services

Seller Ref:154289
  • Price: Offer Invited

Overview

Seller Ref: 154289

Description

The business specialises in a wide range of composite services catering to the motorsport industry, it services car enthusiasts, racing teams, and established motorsport entities, including Formula 1, GT racing, WEC, Formula E, and electric boat racing organisations.

Its services encompass composite repairs, non-destructive testing, manufacturing of composite components, high-quality bodywork painting, and comprehensive race support.

Our clients are now offering the company for sale to facilitate retirement plans.

Benefits from 150 active clients, 98% of which provide reliable, repeat business.

The company has multiple contracts in place with blue-chip clients such as Mercedes, Williams F1, and Tuthill Porsche.

Experienced and dedicated workforce in place, with high staff retention rates and a wealth of in-house expertise.

Our clients are willing to remain within the company, subject to negotiation.

An ideal bolt-on opportunity for complementary service providers looking to extend their offering and client base.

Operates from three leasehold premises.

Scope for growth through the implementation of additional marketing strategies.

YE24 forecast turnover of £1m.

YE23 turnover of £626k with an adjusted EBITDA of £223k.

The business has a strong current order book with multiple high profile clients in the pipeline.

Offers invited.

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry