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Manufacturer Of Own Range Of Towbars For Sale

West Midlands, UK
Asking Price:
£550,000
Turnover:
£750,000
Net Profit:
£150,000

Established over 30 years ago and located in the West Midlands, the business successfully competes with household brands, predominantly online with excellent reviews for both product and customer service.

Excluding the vendor, there are 5 fulltime employees who run the day to day operations very capably. The vendor is currently managing the office processes, typically requiring a couple of hours input per day. The technical / engineering knowledge required is limited, with business acumen and development skills of greater importance.

The business has grown year over year for the last 5 years and is forecast to generate sales in the current year of c £750k, delivering an adjusted EBITDA of c £150k. The guide price for 100% shares is £550,000, to include a debt free, cash free Balance Sheet (expected to deliver c. £100,000 of net assets).

Property Information

Property:

Leasehold

Size in square feet:
880 sq. metres

Business Operation

Employees:
5
Years established:
30

Other Information

Related Documents:

Contact Anderson Shaw

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