Business
Hilton Smythe are pleased to offer to the market the sale of the business, trademarks, and assets of this scaffold tower manufacturer with an e-commerce platform. The business has traded successfully for many years, with an outstanding reputation amongst customers. The business is being offered to the market as our client looks to realise both their financial and time investment in this highly successful business.
The business operates well with mid-tier management in place with respective, experienced teams that report directly to management.
This opportunity would be an ideal bolt on acquisition for those in similar fields of manufacture, particularly where there is a lack of e-commerce visibility on the part of the acquirer.
Assets include:
Twin sell frame robot welder x 3
Elumatic machining centre
Haas VM 3 x 2
Dies moulds for castings
HaasST20y x 2
Luton delivery trucks x 4
Location
The business is ideally located in the South Of England.
Premises
The business is offered to the market confidentially, so further details will be provided upon signing of a Non-Disclosure Agreement.
Tenure
We are advised that the business is being sold on a Leasehold basis.
Hours
Given the nature of the business, it operates 24 hours a day 7 days per week.
Staff
The business has a large team in place.
Financial Profile
The 2020 statutory accounts record a turnover of circa £4m with an adjusted EBITDA of crica £1.06m.
