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GO015 -Manufacturer of Diesel/Multi-Fuel Engines

Asking Price: GBP 95000
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Business Location: United Kingdom » Northamptonshire » Northamptonshire 
Category: Manufacturing » Miscellaneous
Description:
Manufacturer of Diesel/Multi-Fuel Engines
Ref.GO015
Location Northamptonshire
Asking Price £ 95,000+SAV
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.

Such opportunities as this do not come around very often. This company manufactures a range of extremely durable diesel engines which have been traditionally used for powering the historic workboats and latter day narrow boats used for pleasure on the waterways of the UK. Indeed, although the company brand represented here is now 100years old, their best known model of engine has been in continuous production for 70 years, which must be a record somewhere!

The company has recently re-conditioned some of their brand engines originally built in the 1930’s, thus providing ample testimony to the integrity and longevity of the design and build of these legendary engines.

Again, due to the integrity of their design, their engines are easily capable of working with alternate fuel types for today’s eco market place. This ability opens up the possibility to expand the engines applications in to new markets such as agriculture and micro CHP (combined heat and power). The varying fuel types which are possible to be used include:-

• Cold Press Rape Seed Oil
• Gas from Anerobic Digesters
• Waste Engine Oil

Although these engines will always have their customer base in traditional areas of usage, along with the attendant market for spares for the 280+ engines in field, the exciting area of further future development for this company clearly lies in these new alternative markets.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
125000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: N.A.
Year Established: 1930
Is Relocatable?:
No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: The company is operated by its three Directors who are all self employed – not salaried.
No of trading hours: Monday – Friday: 8.00am – 5.00pm
Reasons for selling:
Retirement and health issues.
Market competition and expansion:
The company has developed and maintains an attractive and easy to navigate Internet Website and attends Trade Shows etc. Occasional advertising in Trade publications is undertaken also.
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