Overview
Description
The business is the bolting solutions provider for a prestigious tool distributor, offering a wide range of hydraulic torque wrenches and tensioning tooling for hire.
The business provides a wide range of products, including hydraulic torque wrenches, tensioners, pumps and nutrunners.
The company’s in-house calibration service, extensive spare parts inventory, and long-lasting equipment add to its competitive edge in the industry.
Our clients are now offering the company for sale to facilitate retirement plans.
Benefits from 442 active clients, 90% of whom provide reliable, repeat business.
Experienced and dedicated workforce in place, with high staff retention rates and a wealth of in-house expertise.
Our clients are willing to provide a handover period, post-sale.
An ideal bolt-on opportunity for complementary service providers looking to extend their offering and client base.
Operates from two leasehold premises.
Scope for growth through the implementation of additional marketing strategies.
YE22 turnover of £1.6m with an adjusted EBITDA of £405k.
YE23 management turnover of £2.2m with an adjusted EBITDA of £755k.
The company’s turnover has increased by 10% from YE21 to YE22.
Estimated free cash flow for YE23 at £750,000, rising to £1.1m in YE24.
Offers invited.
Is this business relocatable:
Is stock included:
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