Financially successful, long-established business with a history of year-on-year growth in sales revenues coupled with the potential for further growth under new business ownership.
For the year ended 31st March 2022, the business is showing a net profit (E.B.P.I.T.D.) of approximately $340,000.
This is a five (5) day a week business; has excellent experience staff. Great location. The owner is the landlord and with a vested interest in ensuring a new owner is well matched with the business to ensure the new owner’s future success.
Asking Price for the business is $230,000 plus stock. (Stock is estimated to be approximately $260,000).
A once in a lifetime opportunity – this business has been under the same ownership for nearly forty (40) years – and is now available for sale with the existing owner looking to retire but prepared to discuss a period of assisting a new owner in order to ensure a smooth transition of ownership and continuity of business growth and success. What more could you want?
Business sells to and supports the industrial engineering and manufacturing sectors with the sale of machinery, parts, the servicing and actual repairs of that equipment either on site or in the workshop. A new owner will require some technical trade skills, experience and qualifications including electrical or electronics qualifications and ideally a related practicing licence.
Disclaimer: - Please note for confidentiality purposes, this business has been listed under the RE/MAX Partners office address. Further details on this business’ location will be provided on application. The content of this advertisement must be read in the context of, and in conjunction with, the Information Memorandum in order to avoid any possible misinterpretation or misunderstanding caused by confidentiality considerations, advert space limitations and / or other limiting factors or generalizations including use of generic images.