A leading profitable supplier and distributor of high quality engineering tools to industry. Services include tool refurbishment
Location : Relocation required
Asking Price : £361,000 +NAV
Turnover : £1,148,000
Net Profit : Undeclared
Gross Profit : Undeclared
EBITDA : £180,326
Net Asset : £389,000
Premises : Relocatable
Confidentially offered for sale
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital of a Limited company supplying high quality engineering tools to industry. Its other services include tool refurbishment.
The Company has the following key attributes:
• Leading supplier of engineering tools including end mills, gold drills, carbide drills, spotting and centre drills, reamers, taps and threadmills etc.
• Office location South Coast. Loyal regular customer base of precision engineering companies throughout the Hampshire and Dorset area.
• Significant growth and expansion opportunities.
The Company provides an acquirer with:
• An excellent bolt on for a business already operating within the engineering tools supplies sector.
• An ideal ‘starter’ business for anyone looking to break into the engineering tools supplies marketplace.
For the financial year of 2017, turnover showed year on year growth with good profits.
The asking price for 100% of the Issued Share Capital is £361,000 plus an amount equivalent to the NAV.
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.
All enquiries or requests for additional information should be submitted or directed to Turner Butler , telephone Head Office: 01895 256000.Turner Butler Disclosure Statement
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