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High Turnover Engineering Company For Sale

Leicestershire
Asking Price:
£1,900,000
Turnover:
£1,154,350
Net Profit:
£185,418

Intelligent Business transfer are excited to offer to this market this very rare opportunity to purchase an engineering company which boast high turnover figures and an impressive clientele. The company covers all aspects of metal fabrication for its clients, but specialises in products for the food industry.
The business has been established for 15 years and within this time has experience substantial growth and an ever improving reputation in their industry due to the quality of their service, skills and sophisticated machinery.
Despite having great foundations for future success there are several ways a potential buyer could improve the financial figures. A potential buyer could increase the level of advertising for the business, rather than recommendations it currently uses. If a potential buyer were to spend a substantial amount of money on internet advertising, a new website and the using a sales rep to gain more business, the sales revenue would improve significantly.
The current turnover of the business is in the region of £1.2 million and has a high adjusted net profit figure, as a result of the minimal overheads of the business.
The business would suit an entrepreneur with a passion for engineering to improve the financial figures further or a large company looking to take advantage of the companies client base and also grow the financial figures.

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