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For Sale: Car Accessory Manufacturer With Own Product Range

A manufacturer with its own range of after-market automotive accessory is exclusively offered for sale by Anderson Shaw Corporate Finance Ltd. Established over 30 years ago and located in the West Midlands, the business successfully competes with household brands, both online and selling directly to trade. Online reviews for both product and customer service are excellent.

The business occupies 7,500 square feet of factory space, owned by the vendor, although the amount of space required can probably be reduced. The vendor is flexible over future lease arrangements.

There are 5 fulltime employees who run the business very capably on a day to day basis, with the vendor very much fulfilling a part-time strategic role. The technical / engineering knowledge required is limited, with business acumen and development skills of greater importance.

Sales for the current year are expected to be around £575k, an increase on the prior year, and delivering an adjusted EBITDA of around £97k. The vendor believes that recently introduced product quality improvements will further stimulate sales and profitability in 2016/17. The guide price for 100% shares is £395,000, to include a debt free, cash free Balance Sheet (expected to be around  £170,000 of net assets)




If you would like to request further details about this opportunity please complete the form below and indicate your agreement to the Confidentiality Agreement.

CONFIDENTIALITY AGREEMENT

You are requesting Anderson Shaw Corporate Finance Ltd ('Provider'), in conjunction with its client ('Vendor'), to provide you with information about the Company/ies and/or Business/es referred to in the advertisement above. This information will usually comprise the identity of the Company/ies and/or Business/es for sale and may also comprise a Confidential Briefing Document and/or other relevant information about the Company/ies and/or Business/es ('the Information'). Before the Information can be sent to you ('Recipient'), you must indicate below for yourself and/or on behalf of the corporate entity/ies you represent your agreement to abide by the following terms:

Recipient agrees:

  • To keep confidential the Information which, for the avoidance of doubt, includes the identity of the Company/ies and/or business/es for sale.
  • To use the Information only for evaluation purposes.
  • To share the Information only with fellow directors and/or retained professional advisers who will be deemed to have agreed to the terms of this agreement.
  • To return all the Information on demand to the Provider or the Vendor and not to retain any copies.
  • On demand to provide a hard-copy, signed version of this agreement from today’s date.

This Agreement will:

  • Terminate with the written consent of both parties or in any event after 2 years from today's date.
  • Not apply to any of the Information found to be in the public domain.
  • Not apply to any of the Information which is published or otherwise becomes part of the public domain through no fault of the Recipient.
  • Not apply to any of the Information which is already known to the Recipient.

In most cases, if the Vendor approves the release of the Information to you, you will be asked to sign a separate, longer form, Non-Disclosure Agreement which will replace this Agreement.


Anderson Shaw has offices on the outskirts of Coventry and provides business broker and corporate finance services for clients throughout the Midlands and the UK.

Read more about us here