A Manufacturer of Golf Buggies Sale Completed.
Our client manufactures and supplies superior quality single seat golf buggies, providing also a unique after sales service. The company are leaders in their field and provide mobile engineers to visit potential buyers or exiting customers to deal with maintenance and repairs if required. Their reputation in the trade is second to none.
The business which was established in 1992 was acquired by the present owner in 1999. Since that time the business has built up considerable expertise in its chosen line of business.
Sale Completed.
Key Information:
Financial information.
The business splits the trading activities into 2 separate Ltd Companies. One deals with manufacturing and the other with repairs / maintenance. There is some apportionment of overheads between the 2 companies.
The manufacturing company had sales averaging in excess of £350,000 in the 2 most recent financial years ended 31 January 2018. In the same 2 years the average annual sales of the sales of the ‘Repair / Maintenance’ company was £58,000. Further information will be provided on completion of a N.D.A.
Location & Premises.
The business trades from industrial premises just a short distance from the A38 with the M1 Motorway at Junctions 27 and 28 within easy reach.
This is a genuine retirement sale.
