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Specialist Provider Of Marine Engineering Services For Sale

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

Operating Internationally

The company provides marine engineering services, specialising in the installation and servicing of marine growth prevention systems and cathodic protection systems, as well as commissioning of all types of electrical and mechanical equipment in a marine environment. The company also supplies certified spare parts.

The company has developed strong client relationships and an excellent industry reputation that ensure a high level of repeat business.

Our clients are now offering the company for sale to facilitate retirement plans.

Offers invited.

Key Highlights

- Can test or evaluate all types of existing or obsolete systems and equipment.

- Benefits from a diverse, prestigious, and blue-chip international client base.

- Has developed long-term relationships with some of the largest commercial and cruise ship operators, providing its services for approximately 20,000 ships.

- Longest client relationships span more than four decades.

Financial Highlights

- Turnover of £1.4m achieved in YE25, with an adjusted EBITDA of £620k.

- Circa 40% of revenue is reliable and repeat, due to annual, three-yearly, and five-yearly servicing requirements.

Property Information

Property:

Leasehold