Business for sale

Business description

Specialists in the design, manufacture and servicing of hydraulic systems, as well as being first call suppliers for major component manufacturers within the hydraulic industry for over 20 years. The continual emphasis has always been on providing a consistent high quality service within this demanding sector.

With a current turnover circa £700k with £40k net profits, this business has built a solid foundation for future growth. A core team of eight experienced personnel covers all aspects of the market place. Now seeking investors; due to the planned retirement of the directors, ideally to compliment the existing offering and maintain growth to develop further into the global hydraulics market.

Major opportunities lie in further growth of the servicing and component sale areas of the business. These areas are currently being developed and expect to increase turnover by 30%.

Operating from a 4,000sq/ft industrial unit, of which workshop = 2,500sq/ft, stores/reception = 1,000sq/ft and mezzanine offices = 1,000sq/ft with an annual rent of £9,600. Located centrally to the UK, the company deals with problems from single component enquiries though to design, build, installation, commissioning and after sales service and refurbishment of complete hydraulic turn key systems.

The company has built its reputation on providing a complete turnkey solution to any hydraulic requirement from bespoke single power packs to complete power solutions for major installations in any industry.

The experience and expertise within the core team, along with the ability to meet harsh production deadlines has built a first call, well respected complete hydraulic solutions provider to a global client portfolio. This portfolio includes many major blue chip organisations and has built a solid position within the hydraulic sector and sound platform for future growth and expansion.

:-Experienced technical design and manufacture of hydraulic power systems.
:-Installation, repair, maintenance and refurbishment services.
:-Electro-hydraulic, filtration and reservoir component suppliers.
:-Suppliers of high pressure work holding and maintenance equipment.
:-Development of hydraulic systems from enquiry to final commissioning and after sales service.
:-Top quality components suppliers.
:-Fully tested and documented systems to BSEN982.

Mix of business:
:-75% Systems build (bespoke and standard)
:-15% Component Sales
:-10% Servicing