* Included in Asking Price
Long Established Successful & Profitable Engineering Business – Specialist Trailer Manufacturer
Location Northern Ireland
Asking Price £ 1,150,000
Asking price includes:
Turnover circa £2,800,000 per annum
Gross Profit circa £179,000
Equipment, Fixtures, Fittings & Trading Name
Highly skilled, competent and loyal employees
Excellent reputation for high quality products and services
Superb Brand image and track record
Nationwide network of dealers
Unpatented technical know-how
Very high in house standards
Wide range of clients
This engineering business manufactures a renowned trailer brand. The company had been involved in light engineering, in particular manufacturing, since the early 1980's and the acquisition of the trailer brand by the current owners was an exciting opportunity for the company. The company now manufactures over forty different variations of trailers, which include livestock, plant, tippers, flatbed, general purpose, beavertail, box trailers and horseboxes.
An award winning business the company is long established, reliable and has manufactured many thousands of trailers for varied applications. The business is large enough to manufacture quantities of quality trailers at competitive prices and small enough to produce well made trailers for individual requirements of different types and sizes. The trailers are all manufactured in house from British steel. High grade aluminium sourced in the U.K. & Europe is fabricated in-house to suit various trailers. The trailers are renowned for durability and ease of towing.
Turnover is consistently high with orders from the North and South of Ireland, Scotland Wales and England, increasingly more enquiries coming from the rest of Europe and also as far away as Australia. The products are promoted through a distribution network of dealers with whom the company has an excellent business relationships.
This acquisition opportunity will appeal to other manufacturers competing on an international level, where a complementary product range could open up markets for their current products, as well as providing an instant addition to both their turnover and profitability.
|Facilities:||Located in a rural area the business is currently run from a farm site of circa 25,000 sq. ft. which is utilised for the manufacture and storage of a wide variety or trailers. The premises are leasehold with rent of £25,000 per annum|
|Growth Potential:||The are a number of avenues for company growth. The business currently trades from a farm yard in a rural area. It is estimated profitability could be doubled in 2-3 years with investment in building a new purpose built factory.|
|Training/Support:||Full support plus any necessary training will be provided during handover as part of a successful sale package.|
Seller Reference #GM012
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service
before responding to any ad on our website.