Business profile:
Introduction
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital of a manufacturer and distributor to industries requiring protective clothing and lifting and securing solutions.
Key strengths:
The business has the following key attributes:
Manufacturer and distributor to industries requiring protective clothing and lifting and securing solutions – flexible manufacturing brief.
Well-established business – over thirty years of successful operation.
Wide range of quality products.
Largely mail order operation.
Extensive, loyal and wide-ranging UK and international customer base.
High levels of skill and technical expertise.
Excellent reputation within the industry.
The business provides an acquirer with:
An ideal bolt on for a company already operating in this or adjacent sectors.
An excellent ‘starter’ business opportunity for anyone looking to establish a foothold in the sector.
Financial profile:
For the financial year ending June 2014, the business generated turnover of almost £225,000, gross profits of almost £116.600 and an EBITDA of c£28,500 before owner’s drawings.
Offers are invited for 100% of the Issued Share Capital in the Limited company based on Shareholders’ Funds of £50,400, excluding the long-term liabilities in the Business which will be settled by the current Owners of the Business from the proceeds from the sale.
