Long established Manufacturer Of Specialist Trenching Equipment For Sale

Outstanding opportunity to acquire a highly established manufacturer of specialist trenching equipment, based in East Anglia.

Established for nearly 50 years.

Specialises in agricultural drainage, sports-turf drainage and civil engineering trenching and unique bespoke commissions.

Holds an extensive worldwide network of authorised dealers in more than 20 countries.

Has a widespread customer base of largely substantive, high-profile clients.

Over the past 3 financial years it has realised an average adjusted EBITDA of 30%.

Unique, ‘first-of-their-kind’ award-winning products.

Valuable, exclusive domain name and a fully-comprehensive website in 4 languages, which is currently being re-designed.

A long serving, capable and highly skilled workforce.

The company has a strong brand in its market space and a strong reputation for the quality of its products and after-sales service.

A new acquirer with more proactive business development resources could easily increase sales volume by 25-30% without needing to increase staffing levels.

The sale represents an outstanding opportunity for other construction, sports-field and agricultural equipment manufacturers, or machinery manufacturers looking to diversify into this profitable niche sector.

Products

Agricultural/Land Drainage Trenchers

Sports-Turf Drainage Trenchers

Civil Engineering Trenchers

Employees

Two active vendors and 12 staff in the roles of Accounts, Purchasing Assistant, Welders, Fitters, Foreman and Storeman.

Premises

A fully refurbished, 20,000 sq. ft. factory and warehouse with extensive offices.

Reason for sale

One vendor wishes to retire following a hand-over, the other – the Commercial Director wishes to remain with the business and would consider equity participation if this suited the acquirer.

Financial overview for year ending 30th June 2017

Sales revenue £1,780,167

Gross Profit £832,779 (46.8%)

Adjusted EBITDA £633, 692 (36%)