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Opportunity to Acquire the Business and Assets of a Specialist in the Manufacture and Maintenance of Diesel Engines - Project Diesel
ID:
758.1462A/162224
Details
OPPORTUNITY
- Opportunity to acquire the business and assets of a Scottish business with a strong world-wide reputation for the manufacture and maintenance of diesel engines
KEY HIGHLIGHTS
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- The Company has 13 highly experienced and dedicated staff
- Previous trading levels 10 years ago of £3.5m revenue and £500k profit. Trading has since declined due to poor customer acquisition and retention
- Opportunity to proactively seek new customers and maintain better relationships with current customers
- Strong order book with c.£740k of future sales secured
- Business has struggled to meet obligations of the defined benefit pension scheme
- Based at a freehold site with an estimated value of £600,000
- Stock levels of c.£1m, however some of this is considered obsolete
- Future growth forecast with the addition of a new piston manufacturing unit and new clients set to be signed up
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EXPRESSIONS OF INTEREST
- Interested parties will be required to sign a non-disclosure agreement (NDA) before further information is provided. Please see below contact details to obtain an NDA.
- Final Offers required by midday on Tuesday 11 October 2022 together with proof of funding, with completion as soon as possible thereafter
Please Download Notice of Sale for Further Information
Please Email [email protected] to request an NDA
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