Structural, Marine Engineering & Restoration For Sale
Location United Kingdom
Asking Price Range $2.5M - $5.0M
Gross Revenues $6987517
Net Profit / Cash Flow $816763
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 20 - 34
Relocatable Yes
Number of Employees 20 - 34
Real Estate Leased
Training The vendor would be happy to provide full training and support at handover and stay on for an additional period of time after the sale if so required,subject to negotiation.
Reason for Sale The vendor is planning his exit strategy which is partly retirement driven.
Description Specialist Structural Engineering, Marine Engineering & Restoration Company for sale.
ISO9001
Ref.IS043
Location North West
Asking Price œ 2,000,000
Set up back in the early 1990s this well established and reputable business provides a comprehensive and diverse range of engineering services to the marine, civil engineering and construction market place throughout the UK.
The business has been developed over time with significant re-investment in the company in terms of knowledge, training and accreditations. Because of this the company can boast a substantial skill base and project experience which is evident in its highly impressive customer base and high profile and challenging projects it continues to work on.
The business provides a whole host of skilled services to both commercial and private clients including restoration and renovation of specialist historical structures (including ongoing work on some of the most iconic buildings in the UK), marine civil engineering (including sea defence structures, bridges and piers), marine engineering (including boat/vessel engine installations), traditional boat building and renovation and contract lifting services.
The restoration and renovation of structures and buildings now forms a major part of the company's core business and it continues to work on some of the UK's most recognisable structures. Due to the specialist nature of these projects and their scale (one contract is circa œ3.5 million over 3 years) the business has excellent ongoing revenues streams in place, as many of the contracts being worked on are long term ones, spanning several years. A great deal of additional work is generated for the company once they are on site.
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