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Engineering Company

Location  United Kingdom
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1989
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased

Description  Highly Profitable Engineering Company for sale specialising in conveyor systems; excellent relationships with major construction companies. Ref. IT053. Location London, West London. Asking Price Aœ 1,400,000. This long established light engineering company was founded by the current owner in 1989. Since that time it has expanded such that current turnover is circa Aœ500,000, generating pre tax profits of Aœ150,000 per annum. Key assets of the business are the excellent relationships that have been deveoped with major, blue chip construction companies which include Amec, Balfour Beatty and Tarmac. A significant specialism has been established in conveyor systems, for which there is much current demand. This can be, for example, from luggage handling systems as are installed at airports or from businesses in the supply of aggregates, construction and building materials. The company generates regular repeat business from a multitude of clients: this is a testimony to the business's unrivalled reputation for quality and reliability. Contact for more information on this Engineering company for sale.

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