Business Summary
THE OPPORTUNITY
Our Client is a long-established company providing specialised steel structures and architectural metalwork to the Construction Industry and to the Fire and Rescue Services. It has an excellent reputation for quality and service and is an approved supplier to several of the major construction groups. The strength of these relationships is attested by extremely right rates of repeat business. The two major shareholders now wish to retire. The Business Director, who is the third shareholder, wishes to remain in the business to see it achieve its full potential, particularly as the Construction Sector continues to recover.
THE COMPANY
Designs, manufactures and installs Structural Steel and Architectural Metalwork
Established company trading for 60 years
Has long-established relationships with major construction groups
Reputation for quality and customer service
Receives high percentage of repeat business
Has a strong and experienced management team
Its workforce is long-serving and multi-skilled
Entire team has a high degree of technical knowledge
Trades from freehold property which can be included in the sale
THE FINANCIALS
2012 Turnover £3.6M, Gross Profit £927K, EBITDA £92K
SALE TERMS
Two shareholders wish to retire but are prepared to remain for a transitionary period. The Business Director wishes to remain in the business long term. Offers are sought for purchase of the total issued share capital.
Property Details
Miscellaneous Details
Reason For Selling:
Two shareholders wish to retire but are prepared to remain for a transitionary period. The Business Director wishes to remain in the business long term. Offers are sought for purchase of the total issued share capital.