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Acquisition Opportunity - Established Ship Repair Company

Location:London

Category:Others

Asking Price:Undisclosed

  • Sales revenue : £14,635,000
  • Net profit : £1,335,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Acquisition Opportunity - Established Ship Repair Company

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

Other Information

    Evolution Complete Business Sales Ltd
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