Overview
Description
The company distributes a wide range of industrial maintenance components and associated products, operating a 24/7 supply service to meet client specifications.
Its product range comprises power transmission parts, bearings, pneumatic and hydraulic products, gearboxes and motors.
The business also offers bespoke engineering solutions via a trusted network of third parties.
Our clients are now offering the company for sale to facilitate the majority shareholder’s retirement plans. Offers invited.
Key Highlights
– Works with 50 active clients across sectors such as recycling, renewable energy and manufacturing.
– Has established numerous long-standing client relationships, many of which have been in place for more than a decade.
– Proficient workforce in place, with a Director able to absorb the exiting shareholder’s responsibilities, post-sale.
– Operates from large leasehold premises based in the Midlands.
Financial Highlights
– Generated a YE22 turnover of £1.8m.
– Achieved an adjusted EBITDA of £262k in the same year.
– Approximately 75% of sales are derived from existing clients.
– Has won a prominent six-month contract for 2023 worth circa £170k, with strong indication that this will be won again in the future.
Is this business relocatable:
Is stock included:
Listed By:
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