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Businesses For Sale   >>   England Businesses For Sale

Freehold Hydraulic Engineering Company

Location  England
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1871618
Net Profit / Cash Flow  $256422
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1989
Number of Employees  10 - 19
Relocatable  Not Disclosed
Number of Employees  10 - 19
Real Estate  Owned
Training  The owners would be happy to help with a smooth transfer of the company in any way possible.
Reason for Sale  The owners reaching retirement age.

Description  
Freehold Hydraulic Engineering Company for sale - Design, Manufacture & Repair specifically for the Offshore Oil & Gas Industry Ref.IL017 Location North East England Asking price: 1,550,000 Including Freehold Property This is a wonderful opportunity to acquire a Hydraulic Engineering company that has worked closely with the offshore Oil & Gas Industry for over twenty four years. They offer a full turnkey solution for their customers and are the leaders and innovators in design, manufacture and repair of Hydraulic Cylinders and Hydraulic Systems. The customer database includes world renowned Blue Chip clients with over 95% of their business coming from these regular repeat customers. The company is registered ISO 9001 2000 Quality Management System and previously held the equivalent BS5750 since 1992. There are three separate divisions within the company each of which is offered as part of the total sale. The company is expert in redesigning all types of equipment for greatly improved reliability and performance, with allied reduced maintenance costs. The ability to deliver skills and accuracy for such demanding industries are a testament to the company's reputation as an innovator and supplier of the highest calibre. They have also developed and designed three unique hydraulic systems three of which have international patents in place with the most recent a ''rig skidding system'' which has attracted attention from the world largest petrochemical companies, one of which currently has the device on trial.


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