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Manufacturer of Own Range of Towbars For Sale

A manufacturer of its own towbar range 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, predominantly online with excellent reviews for both product and customer service.

The business occupies c 880 square metres of factory space, owned by the vendor, who is flexible over future lease arrangements.

Excluding the vendor,  there are 5 fulltime employees who run the day to day operations very capably. The vendor is currently managing the office processes, typically requiring a couple of hours input per day. The technical / engineering knowledge required is limited, with business acumen and development skills of greater importance.

The business has grown year over year for the last 5 years and is forecast to generate sales in the current year of c £750k, delivering an adjusted EBITDA of c £150k. The guide price for 100% shares is £550,000, to include a debt free, cash free Balance Sheet (expected to deliver c. £100,000 of net assets).

 

Location: West Midlands

Sales: £750k   Adjusted EBITDA: £150k

Guide Price: £550k

Contact: Chris Elliott, or Peter Wilson

Info@anderson-shaw.co.uk        02476 100476

Anderson Shaw Reference - ASCFL/CARACC


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.

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