CoGoGo are pleased to be managing the sale of Fraser Brown Engineering Ltd a highly successful company specialising in the repair and refurbishing of axles for caravans, motorhomes, and various road-going trailers.
Unique in the UK, it is the only company nationwide that offers repair services for these types of axles.
Located in the Highlands north of Inverness, Fraser Brown Engineering attracts customers from outside across the UK and to continent, with nearly 100% of the axles it repairs coming from outside the local area. Axle manufacturers often render spare parts obsolete prematurely and charge high prices for available parts. In response, Fraser Brown Engineering Ltd manufactures its own axle spares, shipping them as far afield as Australia and New Zealand.
Despite its remote location, the company manages to rework and return axles within five working days of collection. Relocating to England would naturally facilitate expansion in both refurbishing and removal / refitting services. In addition to its collection and return service, caravan and motorhome owners frequently travel from southern England to the Highlands for axle repairs.
Many people call the company not only to inquire about repair services but also to seek advice on where to have their axle removed. A company offering a one-day removal and repair service in central England would be exceptionally busy.
Fraser Brown Engineering Ltd are happy to provide training for purchaser's staff at its Highland premises, followed by support to set up and run the service in the new location, ensuring a seamless transition.
Remarkably, the company has not paid for advertising in ten years. Its reputation is sustained through mentions on caravan and motorhome forums, word of mouth, and repeat business. Each week, the company handles an increasing variety of axles, including those from horse boxes, welders, compressors, tree choppers, and burger vans. One notable customer owns over 2,000 twin axles welfare units, many with axle issues.
With 500,000 caravans in the UK, most axles fail at 6-7 years old. Additionally, there is a significant number of motorhomes and recovery vehicles experiencing major problems. Fraser Brown Engineering Ltd may be the only repair shop in Europe for these axles, as it received axles from every European country for repair.
The company is frequently mentioned on various forums, such as 'Bailey Axle Problems Family.' Bailey, the largest caravan manufacturer in the country has the most axle problems reflecting the widespread recognition and reliance on Fraser Brown Engineering's Expertise.
The sale includes hydraulic and shotblasting equipment, as well as a substantial number of custom-made jigs and fixtures essential for repairing and refurbishing various types of axles. However, machine tools like lathes and mills are not included in the sale price, these machine tools can be purchased separately at their market values.
Financial Profile
The business generated a turnover of £450,000 in 2023. Full financials can be made available upon further request.
We are advised their cash flow is strong, with no bad debts. Payment is required upon collection, and they settle every incoming invoice within minutes.
