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FY19 turnover of £1.24m, with an adjusted EBITDA of £308k.Gross profit margins consistently circa 50%. Circa £100k in outstanding revenue each month from its biggest repeat customers.Remanufactures gearboxes, providing a fully comprehensive service managing the whole lifecycle of the gearbox repair, from the removal of a defective unit, through to the fitting of a remanufactured unit.Has a large amount of available stock for immediate delivery.Serves clients nationally across a range of automotive sectors, including: fleet, motor factors and garages.Annual contracted income accounts for circa 40% of turnover. Strong second-tier management team in place, not reliant on the directors.ISO 9001 certified. Operates from leasehold premises.Established website in place, with the company spending circa £100k on AdWords annually.The shareholders are offering the business for sale to facilitate retirement plans. Offers invited.
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