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Project ‘loidis’ Is Highly Profitable, Very Successful Engineering And Construction Company In The North Of England Generating A Net Profit Of Over £1m Per Annum. For Sale

UK
Asking Price:
£5,000,000
Turnover:
Undisclosed
Net Profit:
Undisclosed

Opportunity

Sensational business opportunity, incredibly robust business model and sector

Engineering, Construction and Contracting services provider to the Oil, Gas and Petrochemical industries

Location

The North of England

Details

Head office and 15,000 square foot Fabrication unit

Fleet of vehicles

Development Opportunity

Turnover forecast to achieve £20m in 2025 generating an annual net profit of £3m

Tenure

Nationwide Business Sales are delighted to offer ‘Project Loidis’ to the market, please email or call for further information regarding the purchase price and options for the remarkable opportunity

Staff

All staff are subject to TUPE

Financial

Accounts for 2021 show a turnover of £6.8m achieving a net profit of over £1m

Turnover in 2022 is £7.5m with a net profit of £1.125m

Contracted sales for 2023 worth £10m forecasting £1.5m net profit

Other information, websites, links etc….

ISO accredited along with industry qualifications and approvals.

* Turnover £7.5m
* Net profit £1,125,000
* Converting at 15%
* 2023-24 t/o £12m
* Fully managed
* Relocatable
* Nationwide business

Property Information

Property:

Leasehold