Manufacture, supply, repair and refurbishment of Surgical Instruments to Hospitals, Trusts and Private Surgical Units throughout the UK *
Location : Surrey
Asking Price : £1,075,000
Turnover : £1,031,000
Net Profit : Undeclared
Gross Profit : £436,000
EBITDA : £240,000
Net Asset : £308,356
Premises : Not Included
Confidentially offered for sale
Average last 3 years’ Turnover c£1,235,000**
Average last 3 years’ Gross Profit c£504,000
Average last 3 years’ EBITDA before Directors costs c£240,000***
Current Net assets c£308,356
*This opportunity trades through two separate companies but operates and is available as a single entity, so activities and financials are illustrated here as combined.
**Last three years being 2014, 2015 and 2016. Year end is 31st December, management accounts available
The Business is a firmly established concern, strategically and conveniently situated on the outskirts of Greater London. The Business has an office in this busy main Surrey Town to manage manufacture, repair, storage, logistics, shipments and administration. Founded over 40 years ago over time, the vendors have developed the Business into a highly respected, and profitable manufacturer, supplier, repairer and refurbisher of vital Surgical Instruments and accessories, and is considered one of the leading suppliers and service providers in the country. Over £1M in revenues in 2016, and supplier to many of the UK’s hospitals, MOD, private and NHS, nicely sums up the Business; and represents a clear opportunity for any acquirer to access these valuable and difficult to access markets.
• Well known and respected UK service provider
• ISO 9001, ISO 13484 processes and CE certified products
• Small sales team capable of business augmentation
• Excellent reputation and trading history
• Long term, experienced and skilled work force who care about the business
• Excellent platform for access to the NHS and MOD markets
• Streamlined operational processes, and advanced technologies
• Modern, well appointed offices and fully equipped workshops
• Excellent stock and inventory controls
• Substantial turnover and attractive profit margins
• Excellent stock levels
• Numerous expansion opportunities
• Reliable long term customer relationships
|y/e £ 000s||2016||2015||2014|
|Cost of Sales||595||772||826|
EBIDTA (2016) before Directors costs: £ 240,000
On the basis that the Business is being sold on a zero cash-zero debt basis, the completion balance sheet is anticipated to be approximately:*
Tangible Assets: £91,753
Trade Creditors: (£134,500)
Net Assets: £308,356
*From 2016 accounts
Offers in the region of £1,075,000 are invited for 100% of all the issued capital of the company. There will be a £ for £ adjustment to the final sale price to reflect any upward/downward movement away from the £308,356 target net asset price.
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.
All enquiries or requests for additional information should be submitted or directed to Rupert Cattell at Turner Butler (e-mail: firstname.lastname@example.org) telephone Head Office: 01895 256000
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at email@example.comTurner Butler Disclosure Statement
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