Location: Central England

Asking Price: --750,000 plus Net Assets


Asking Price Includes:
Turnover of c. --1,600,000
Gross Profit of c. --542,000
Net Profit of c. --244,000
Long established 'Blue Chip' contracts in place.
One of only 4 UK companies operating in this highly specialised field
All vehicles, plant and machinery
High organic internet ranking




Introduction:

Turner Butler has been appointed to invite offers of purchase of the issued share capital of this well established business that supply specialist tools and equipment used predominantly in the transmission and distrbution industry, including unique products and solutions for asset protection and repair in the power, telecoms and high ropes course industries.

Business Profile:

The company operates in a highly specialist field, one of only four UK companies. They undertake work with some of the world`s largest publicly listed utilities, whose main focus is transmission and distribution of electricity.

Customer Service:

The business prides itself on exemplary customer service. This is borne out by very long standing relationships with a number of UK publicly listed utilities providers.

Key Strengths:

Established for 12 years the business performs very successfully in what can be described as a difficult sector to enter. This interesting family run business could represent a quite unique 'add on' to an existing facilities services group.

Financial Performance:

The goodwill in the business is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover c. --1,600,000

Gross profit c. 34%

Adjusted net profit c. --244,000

Asking Price:

The asking price of --750,000 plus net assets is for 100% of the issued share capital of the company. Assuming net assets of --777,000 ( cash at bank, net debtors, motor vehicles and p