Details

OPPORTUNITY
  • Opportunity to acquire the business and assets of a Scottish business with a strong world-wide reputation for the manufacture and maintenance of diesel engines

KEY HIGHLIGHTS

    • The Company has 13 highly experienced and dedicated staff
    • Previous trading levels 10 years ago of £3.5m revenue and £500k profit. Trading has since declined due to poor customer acquisition and retention
    • Opportunity to proactively seek new customers and maintain better relationships with current customers
    • Strong order book with c.£740k of future sales secured
    • Business has struggled to meet obligations of the defined benefit pension scheme
    • Based at a freehold site with an estimated value of £600,000
    • Stock levels of c.£1m, however some of this is considered obsolete
    • Future growth forecast with the addition of a new piston manufacturing unit and new clients set to be signed up
Viewing Details

EXPRESSIONS OF INTEREST
  • Interested parties will be required to sign a non-disclosure agreement (NDA) before further information is provided. Please see below contact details to obtain an NDA.
  • Final Offers required by midday on Tuesday 11 October 2022 together with proof of funding, with completion as soon as possible thereafter

Please Download Notice of Sale for Further Information

Please Email [email protected] to request an NDA

 

Status

For Sale

Method

Business for Sale

Bidding ends

Ref

758.1462A/162224

Category

Business & Trading Assets