Specialist Manufacturing Opportunity in the Utility Submetering Sector

Description

A profitable and well-established specialist manufacturing business. Established in 1981 and located in the NW England with national coverage.

Profits have been reinvestment in strategic R&D projects in recent years enabling the business to upgrade its products, offer more comprehensive solutions and generate new revenue streams from its sub-metering product lines.

The business now offers a one-stop-shop service with its comprehensive range of integrated products and services that meet the needs of clients wishing to update and streamline and automate utility management and payments.

Great opportunity for new owners with digital/online technical and marketing expertise to further develop and grow this business.

Unique selling points:

• Skilled and dedicated technical team & ISO9001 accreditation.

• State of the art product ranges covering electric, gas, water and heat utilities and fully integrated remote meter reading and payment management products.

• Income from product supply & installation plus ‘recurring’ income from ongoing meter reading & payment management contracts.

• Significant growth potential from large commercial and industrial clients now looking to modernise and streamline utility management and payments.

• Intellectual property, branded names and product patents.

• Corporation Tax reductions on profits generated from patents.

• Substantial stock levels and healthy order book.

• Strong commercial client base with a national footprint.

• Well-equipped workshop and warehouse facility with security of tenure.


The sale arises due to owner’s retirement. Seller support available during transition and also on longer term consultancy basis if required.

Key Financials:

Annual turnover: £483k (2018)
Sellers Discretionary Earnings: £111k
Premises: Annual Rent £14.2k
Price: £390k plus stock at valuation (£259k)
Employees/Staff: 9
..

Listing Details

  • Listing Number: 66661-782592
  • Location: Lancashire, England
  • Price: 390,000
  • Down Payment: 0
  • Sellers Discretionary Earnings: 111,000
  • Category: Manufacturing

  • Inventory: 258,515
  • FF&E: 24,531
  • Employees: 9
  • Years Owned:
  • Reason for Selling: Retirement

Business Listed By: