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Niche Manufacturer And Supplier Of Chains Operating Internationally For Sale

UK
Asking Price:
Undisclosed
Turnover:
£1M - £5M
Net Profit:
Undisclosed

The company is long-established as the leading European manufacturer within its niche offering, supplemented by the supply of a wide range of metals for manufacturing applications.

Utilising a highly experienced team, the business prides itself on producing quality products with a timely delivery service and is ISO 9001:2015 accredited, assuring clients of its professionalism.

The shareholder is now offering the company for sale to facilitate their plans for retirement.

Offers invited.

KEY HIGHLIGHTS

- Currently works with 170 active clients, over 85% of whom provide reliable, repeat business.

- Several strong, long-standing client relationships in place, some of which span over 30 years.

- Strong second-tier management team in place, including non-shareholding Directors who run the business on a day-to-day basis.

- Operates from fully equipped leasehold premises, with all relevant equipment, necessary licences and permissions for the works covered.

- Scope for growth by actively seeking cross- and upselling opportunities via the existing well-established client base.

FINANCIAL HIGHLIGHTS

- YE23 management turnover of £2.2 million with a gross profit margin of 33%.

- Forecast YE24 turnover of £2.4 million.

- Current forward order book value of £300,000, changing on a monthly basis due to high service levels.

- Over 100 recent new enquiries currently in advanced discussions.

Property Information

Property:

Leasehold