The strategic sale of the entire share capital of a well-established and successful owner managed business operating within the mechanical services industry.
· The business, which is currently within its 37th year of trading, is based in and operates in the North West and is particularly strong within the Local authority and Registered Social Landlords sector.
· Specialising in the production of innovative, efficient and collaborative solutions that are scheme specific and most rigorous best value requirements and standards.
· The business has an impressive and stable client list and has identified a number of areas in which the company is expanding its core businesses. The work is performed by highly experienced and in many cases long serving personnel who are highly skilled in the important area of working within occupied properties.
· The business has been offered for sale to facilitate the owner / managers wishes to retire and as such they would be receptive to any reasonable arrangement to assist in the smooth transition to new management/ownership. There has been a significant restructure in the past 12 months.
· Freehold property can be either included or excluded as the business is capable of relocation.
· The following summary figures have been extracted from the business records. Full details will be made available to serious interested parties at the appropriate time. The figures for 2007 reflect the eighteen-month period to June 2007. Forecasts are for the year to 31 December 2008
|
Period |
Forecast 2008 |
2007* |
2005 |
2004 |
2003 |
|
|
£000s |
£000s |
£000s |
£000s |
£000s |
|
Turnover |
5,100 |
7,203 |
6,000 |
8,200 |
8,400 |
|
PBT** |
550 |
1,078 |
767 |
1,389 |
1,095 |
* 18 months to 30 June 2007
** Adjusted for directors' benefits and exceptional items
If this business is of interest to you, your clients or contacts, please contact either:-
Charles Lucas at charles.lucas@beeverstruthers.co.uk or on 0161 838 1818; or
John Jones at john.jones@beeverstruthers.co.uk or on 0161 838 1827.
IMPORTANT NOTICE. The information in this document is supplied as a guide only and prospective investors must make their own investigations and must satisfy themselves as to the condition and prospects of the Business and the accuracy and completeness of the statements contained herein. The owners of the Business have provided the information within this document. Such information and representations have neither been checked nor verified by Beever and Struthers. The information contained in this document and any further information relating to the Business supplied by or through Beever and Struthers is, and will be supplied only on the condition that neither Beever and Struthers nor any officer, partner or employee of the Business or Beever and Struthers is liable for any error, omission, or inaccuracy contained herein whether negligently caused or otherwise, nor any loss or damage suffered by any person due to such error, omission, or inaccuracy, as a result of such supply.
