- Listing ID: 888911
- (Seller ref: 2934)
Relocatable Distributor Of Commercial Marine Equipment For Sale
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Summary
- Asking price:
- £1m < 5m
- Turnover:
- £1m < 5m
- Net profit:
- £250k < 500k
- Relocatable:
- This business can be relocated.
Business description
Distributor Of Commercial Marine Equipment - Relocatable Business
Products:- A range of mainly imported marine machinery and equipment plus a spares and servicing operation worldwide.
A recent supply prime contractor contract with the MOD ensures a regular and increasing income for servicing and spares for up to 20 years.
Several valuable contracts for distributing other products, marine and non-marine, are under negotiation or in the pipe line.
For the year ended 30th June 2009 the turnover was £1.48 M (2008 £3.82M)
Turnover varies year-on-year depending on the dates of contracts delivered.
Gross Profit 2009 = £583k (2008 = £636k).
EBITDA after add backs 2009 = £250k (2008 = £287k).
Markets:- MOD, shipbuilders and repairers, shipping lines, fishing fleets, and niche non-marine.
Many long-term distribution Agencies – UK and Europe
New products / contracts could soon increase turnover and net profit.
MOD Contract for up to 20 years for supply and service of marine equipment
ISO 9000
Property information
- Premises details:
- New lease on modern industrial premises or freehold available
Contact the seller
For more information about this business for sale, click the Contact Seller button.
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related resources
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