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Finance And Services:

Sold. Acquisition Opportunity - Established Ship Repair Company

LISTING DETAILS
Firms For Sale ID:
34994
Vendor reference:
F4S2172
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
Undisclosed  
Turnover / revenue:
£5,000,001
Net profit / cashflow:
£1,000,000 - £2,500,000

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Our client has a long heritage in the commercial and military ship repair industry, during which time it has established a reputation for fast delivery and quality service provision.
Its client base is large and diverse with long-term clients in the Defence, Commercial and Passenger shipping sectors, several of which are on long term contracts.
It has several fully equipped facilities in the UK and Europe and is accredited to all major quality and health & safety standards.
Benefitting from long-held partnerships with major marine groups, it has considerable experience in naval vessels, cruise liners, container ships, ferries and superyachts.
Highlights
Established business with fully equipped facilities in the UK and Eastern Europe
Flexible structure for optimum customer response
Large, established and diverse client base with no particular reliance
Long term contracts generating recurring revenues
Consistently profitable and cash generative
Diversified service portfolio from an extensive range of capabilities
Track record of projects across the globe
Excellent reputation for turnkey contracts from extensive range of capabilities
Accredited to all major quality and health & safety standards.
Established, experienced Senior Management Team
Robust and achievable growth plan
Financials
2018 Draft Turnover 14.6M
2018 Adj. EBITDA 1.3M
2018 Gross Profit 7.2M