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For Sale: Well Established, Midlands-Based Plating Business

This business was established over 50 years ago and the current majority owner and MD has been running the business for around 35 years, together with his wife in recent years.  This is a retirement sale.  

The Company provides Hard Chrome and other plating services to mainly defence, aerospace and motor sport customers. The business has a valuable, secret process for a particular plating application and this is one of the factors which gives it an edge over competitors.

The workforce has significant accumulated experience and knowledge.  The MD is happy to stay on for up to a year to assist with handover and his wife, who handles all of the administrative and financial aspects of the operation, can stay on for as long as required.

The business occupies a factory in the Midlands extending to some 418 sq m.  It is well equipped including stand-by tanks in case of failure.  The premises are owned by the vendors and their preference is to sell these as well. 

The Company has a small share of a very large surface coatings market so there is potential to grow the business.  The factory could probably cope with volumes some 50% higher than current. 

The business has been consistently profitable for many years.  In the current year, sales are expected to exceed £450k, generating an adjusted EBITDA of c£85k (Profit Before Owners’ Drawings of c £145k).  The Balance Sheet at the last year end had Net Assets of c £70k on a debt free, cash free basis.

The Guide Price for 100% of the shares is £295,000.  The premises are available at market value (£275,000 in 2016).  The business will be sold debt free, cash free albeit the purchaser will be expected to purchase the surplus cash in the balance sheet at completion.




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.

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