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Specialist Lifting And Materials Handling Company For Sale

UK
Asking Price:
On request
Turnover:
£1,900,000
Net Profit:
£42,000

This company specialises in a broad range of products aimed at lifting, material handling and health and safety. Products are fabricated in house or bought in or re-sold. Alongside these product sales is regulatory driven, after-market testing and inspection service.

The business owns a substantial freehold factory with a significant fixed asset base.

This is a turnaround opportunity, a chance to modernise a company with a long history and build a prosperous future.

Team:
The current shareholders wish to retire and are supported by some key people who will stay. However please note that the management team will need some refreshing.

Opportunity:
This business presents an opportunity for an existing engineering business to acquire large, freehold premises and amalgamate operations.

Alternatively, it provides a north west base for a company with operations elsewhere in the UK, perhaps with a slightly different but complimentary product set.

Finally, it would make an excellent investment opportunity for a consortium who can bring necessary management skills to the table to drive the business forward.

Asking:
Offers sought for 100% of the share capital

Property Information

Property:

Freehold

Location:

North West of England.

Premises Details:

It is a purpose-built industrial warehouse, being constructed of a steel portal frame, part block/brick with uPVC profile infill walls. Freehold. 

Business Operation

Reasons for selling:

This is the last generation in family ownership, but our client wishes to see the business succeed in new hands and taken forward for the next 100 years.