A long established coach and bus refurbishment business
Location : Northamptonshire
Asking Price : £290,000
Turnover : £750,000
Net Profit : £75,000
Gross Profit : £177,000
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Relocatable
Confidentially offered for sale
Turnover of c. £750,000
Adjusted net profit £75,000
Over 30 years established
Large experienced workforce
Very loyal customer base
A strong national reputation
Turner Butler has been appointed to invite offers of purchase of the issued share capital of this very well established coach and bus refurbishment business.Business Profile
This long established coach trimming company offers a specialist upholstering service to its customers. They also undertake complete vehicle refurbishments working on coaches, double deckers, buses, mini buses and heritage vehicles. This business could be a perfect fit for any company currently undertaking seat refurbishment of airlines, boats or trains.
Customer service is paramount and is borne out by very long standing relationships with a loyal and trusting customer base.
This Northamptonshire based family business has been established for over 30 years. They currently employ 15 skilled staff members and provide a truly high quality service at very competitive prices. Most of the work undertaken is completed the same day.
Turnover c. £750,000
Gross profit c. £177,000
Adjusted net profit c. £75,000
The asking price of £290,000 is for 100% of the issued share capital of the company. Stock, tooling and equipment etc. (SAV) is included in the asking price (calculated on a zero cash-zero debt basis).
There`s a current annual spend of approximately £5,000.
Growth could be achieved by being acquired by a similar business operating in a different market.
The current trading premises is being sold so this business will need to be relocated.
There are fifteen employees.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at firstname.lastname@example.orgTurner Butler Disclosure Statement
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