Dallas McMillan Glasgow Solicitors
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FOR FULL OR PART SALE: ENGINEERING BUSINESS – AYRSHIRE, SCOTLAND
An Established Engineering Business in Ayrshire is offered for Part or Full Sale. The Company has been trading for 65 years and operates from a central location in Ayrshire close to good transport links for West/South and Central Scotland. Serving a wide variety of Customers including Defence, Local Authority, Environmental, Food Processing, Energy & Utilities, Rail, Transport, Construction and Retail.
The Business specialises in all types of Fabrications & Welding, Conventional & CNC Machining, Pipework Installations, On Site Maintenance and Structural Steelwork as well as Bespoke Architectural Fabrications. The Business is also a Mild Steel, Stainless Steel and Aluminium Stockholder.
The Current owners are looking to sell the business in whole or part as a result of health issues affecting one of the Directors. The Business has a strong reputation and has a definite potential for growth both amongst it’s existing customer base and a wider geographical area. The employees have a wide range of skills and expertise which allows the Company to offer their Customers a turnkey service. The Business currently employs 17 people and operates from 8am to 4.30pm Monday to Thursday, 8am – 3.30pm on a Friday and 8am – 12 noon on a Saturday. The building is owned by the Business and there are no HP agreements in place for Plant & Machinery.
Turnover 2009 £941K (Profit £43K) 2010 £786K (Profit £72K) 2011 £622K (Profit £40K)
Property Valuation £185KAsking Price would be £550K for outright purchase or £350K for Share Transfer.
Please contact us for further information.
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