The business provides comprehensive services for engineering, electric motors, pumps, gearboxes and associated equipment.
With a 24-hour service and fully equipped repair and engineering workshops, the Company offer sales, repairs, rewinds, modifications, manufacturing, and design consultation. It specialises in electric motor repairs, industrial gearbox and pump servicing, with a wide range of products available from leading manufacturers.
Having built up the business over the course of two decades, our clients are now offering the company for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Benefits from 140 active clients, 80% 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 have indicated that they are willing to provide a suitable handover period, subject to discussion.
- An ideal bolt-on opportunity for complementary service providers.
- Operates from leasehold and freehold premises.
- Scope for growth through the implementation of additional marketing strategies.
Financial Highlights
- YE22 turnover of £979k with an adjusted EBITDA of £225k.
- YE23 management turnover of £1.1 million, with an adjusted EBITDA of £337k.
