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Automotive Engineering Business, Commercial Vehicle Chassis Customisation/Conversion For Sale

United Kingdom
Asking Price:
On request
Sales Revenue:
£1,400,000
Cash Flow:
Available on request

North West.
FY17 turnover of £1.4 million with an adjusted EBITDA of circa £277k.
FY18 (4 months) turnover of £650k.
Offers a range of commercial vehicle specialist engineering and modification services, often working with the major vehicle manufacturers to provide chassis’s configured to suit the specialist bodies being applied.
Services include: wheelbase alterations, heavy haulage conversions, air suspension conversions, mini artic conversions, dual fuel conversions, dual controls conversions. In addition, manufactures own branded safety products and exhaust components.
Well-established client base comprising a number of long-standing relationships with leading vehicle manufacturers, most of which span over six years.
Currently boasts 100 active client accounts across the automotive and manufacturing sectors, enabling the company to maintain continual income streams.
Reliable supply chain with no specific long-term agreements in place.
It operates from 17,000 sq ft leasehold premises rented from a private landlord.
Retirement sale.
Strong second-tier management team in place.
Offers invited.

Property information

Property:

Leasehold

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