UK Based International Supplier & Producer of PV Solar Panels
British brand - Export Champion
Location : Buckinghamshire (Relocatable)
Asking Price : £250,000 Inc. Net Liabilities
Turnover : £2,000,000
Net Profit : Undeclared
Gross Profit : £413,000
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Leasehold
Confidentially offered for sale
Turnover circa £2m per annum
Adjusted Net Loss circa (£122,000) per annum
Gross Profit circa £413,000 per annum
Net Liabilities circa £ (122,000) 2018 accounts
Turner Butler has been appointed to invite offers of purchase for 100% of the Issued Share Capital of a business (or optionally to be a majority shareholder) and its leading brand, specialising in the overseas manufacture, export and installation of Solar PV panels to a client list of very large companies and Governments for both developed and developing markets.Business Profile
This business is a British brand of high quality solar photovoltaic (PV) modules that has found a successful niche in targeting the growing demand for solar in emerging global markets. Although the business sells its products within the UK and other parts of Europe, it has seen emerging solar markets in Asia, the Middle East, the Americas and Africa as a major growth potential and the bulk of orders already come from these markets. Aggressive pricing and strong branding has generated regular orders in over 30 countries despite a modest marketing budget.
The vendor established the business in 2015 after noticing that there did not seem to be a British brand of solar PV module in international markets. The vendor has many years experience in this sector having previously worked as an International Sales Director for a leading German solar brand. He established this brand in many countries in South East Asia and Africa and it is this wealth of international business development experience in the sector that has played a part in the formation and early success of this business.
The business is still in early growth mode and has already sold its products in over 30 countries around the world and the resource demands for continued growth have exceeded the vendor’s ability to keep pace and so wishes to leverage this early success and massive growth potential, to be the leading British global brand of solar panels by seeking a fast sale of 1OO% of the company s equity or fund a majority equity stake. The vendor is willing to stay on after the sale with the existing British sales and administration team, to ensure an efficient handover.
The business offers the following opportunities:
• Chance to own a fast-growing British brand of solar panels with tremendous growth potential for million-dollar sales for MW projects. $1.4m sale completed already.
• The only British solar brand in international markets.
• The UK’s number one exporter of solar panels globally.
• Acquire new customers in over 30 countries in 4 continents.
• Well managed with low overheads and running costs.
• Outsourced factory partners in China, Dubai and Spain providing unlimited capacity and easy low-cost shipping to global markets.
• Take control of British bank accounts in Pounds, US Dollars and Euros.
• Knowledgable and trusted management.
• Exiting sales pipeline with regular customers placing monthly orders.
• Opportunities to win larger $m MW project orders.
Distributors worldwide are attracted by a trust-worthy British warranty, competitive pricing, fast shipping, unique British branding, customer support and a warranty backed in the UK by a British company. Larger distributors are offered exclusivity for their territory.
The Company provides an acquirer already operating within the renewable energy sector with an excellent opportunity to “bolt-on” a unique British manufacturing brand.
For the financial year ending March 2018, the business achieved a turnover of circa £1,896,000, generating a gross profit of circa £413,000 and pre-tax net operating losses of circa £122,000.
The Asking Price of £250,000 is for a sale of 100% of the Issued Share Capital of the company based on a Balance Sheet value of liabilities circa (£122,000). There will be a £ for £ adjustment to the asking price to reflect any rise or fall in this net liabilities position as at completion.
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.
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 firstname.lastname@example.orgTurner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.
For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into
The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.
Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.
You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.
Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.
Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.
This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts