Total of 18656 firms and businesses for sale today Thursday 8th December 2022
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Finance And Services:

Business For Sale. Specialist Automotive Air Conditioning Company

LISTING DETAILS
Firms For Sale ID:
24335
Vendor reference:
GJ021
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£395,000  
Turnover / revenue:
£715,000
Net profit / cashflow:
Undisclosed
Number of employees:
8

OTHER DETAILS
Reason for selling:
This opportunity exists for a new owner to buy the business, invest in its partially developed future and reap the benefits of a profitably focussed company.
Support and training:
Full support and any necessary training will be provided during handover as part of a successful sale package.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The footprint is believed to be circa 4,000 square feet and the 3 year remaining lease has an opt out after 12 months. Annual rental comes in at circa £21,000, with rates coming in at circa £10,000 annually.
 
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BUSINESS DESCRIPTION
Sale Memorandum
Specialist Automotive Air Conditioning Company

Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

This interesting opportunity involves a company which offers excellent bolt on benefits for a perhaps larger company operating in a similar or parallel sector, through a shared interest client base and the attendant extra profits associated with amortization of overhead ratios.

Having been a player in the automotive air conditioning sector since 1988, the company has evolved through changing market conditions, into a specialist designer, supplier, installer and repair and maintenance source for a range of specialist niche market automotive air conditioning solutions.

Their product range consists of their own systems, manufactured and designed to meet their customer’s requirements and products purchased from leading suppliers around the world. Their trained and experienced field engineers complete installations to a wide variety of vehicles both at customer’s premises throughout mainland UK and at their base in Lincolnshire.

Their customer base ranges from vehicle manufacturers, dealers and importers, to fleet operators, local authorities, haulage companies and the general public.

As part of their comprehensive supply and service package, the company has developed the facility to be able to manufacture and assemble their own hoses and pipes on site. The process surpasses the highest industry standards and has led to their pipe and hose assemblies being specified in many applications worldwide.


Ref.GJ021
Location Lincolnshire
Asking Price £ 395,000

Expansion Potential
The company has already invested considerable time and resource in to developing into other niche markets. With correct investment and support these previously unserviced niche markets could prove both lucrative and valuable in underlining the design prowess already existent for the company