The Corporate Finance Network

Issue 17 April 2010

Businesses for Sale

Manufacturing & Supply

M217- Marine supply
Based in Scotland. Turnover £2.5 million with pre-ownership profits of £200k. Main customer base in offshore oil and gas, and the commercial marine fishing industry. Services include repair and installation of pumps, valves, filters, winches and control gear. Main distributor for major brands. For further details contact Iain Sim: IainSim@idsca.co.uk

M215 - Ice cream
Based in Lincolnshire. Turnover £300k. Family owned business founded in 1913. Now offers 30 flavours of home made ice cream with excellent reputation. Ice cream sold via own parlour and a number of vans travelling around the surrounding countryside. For further details contact Richard Hallsworth: richard.hallsworth@nicholsonsca.co.uk

M213 - Office products
Based in Norfolk. Turnover £1 million+. Experienced sales team and online ordering with diverse client base in Norfolk and Suffolk and nationwide delivery capability. For further details contact Chris Bidgood: c.bidgood@leesaccountants.co.uk

M212 - Branded environmental air handling products
Based in North West. Turnover £5 million. Profitable business. For further details contact Robert Williams: robertwilliams@corporatefinance.org.uk

M210 - Whiskey distilleries
Based in Glasgow. Established and new distilleries for sale in whole, in part or buy-in. Turnover £5 million. For further details contact Iain Sim:IainSim@idsca.co.uk

M206 - Agrochemical supplies
Based in North Yorkshire. Turnover £0.5 million. Long established client list, plenty of repeat business. For further details contact Mark Grewer: mark.grewer@hghyork.co.uk


Construction & Waste Management

C213 - Civil engineering ***NEW***
Based in North West. Turnover £1.2 million with profit before tax £111k. Provides civil engineering within the utilities sector and also to several manufacturing companies. Long term client base. Excellent reputation. For further details contact Ian Denson: ian@corporatefinance.org.uk

C212 - Roofing contractor
Based in Inverness. Turnover £780k+ with gross profit £167k. Well established. Strong workforce. Local and regional reputation. Potential areas of growth and expansion. For further details contact Iain Sim:IainSim@idsca.co.uk

C211 - Scaffolding contractor
Based in Ayrshire. Turnover £335k+. Well established. Loyal client base. Experienced and skilled staff. Ideal bolt-on opportunity. Leasehold secure yard with 1,000 sq foot industrial unit lock-up. For further details contact Iain Sim:IainSim@idsca.co.uk

C210 - Electrical contractor
Based in Scotland. Turnover £1.2 million. Established clientele. Growth potential. Strong reliable workforce. Gross profit circa £325k. Net profit £160k. For further details contact Iain Sim:IainSim@idsca.co.uk

C209 - Scaffolding contractor
Based in Scotland. Turnover £1 million. Established 6 years ago. Professional and competitive business. For further details contact Iain Sim:IainSim@idsca.co.uk

C208 - Waste management, recycling of non-metal waste and scrap
Based in North West. Turnover £1.5 million. Well established business with local authority contracts. Prime location. For further details contact Jonathan Staples:
jonathans@horsfield-smith.co.uk

C207 - Electrical contractor
Based in West Midlands. Turnover £1.2 million. Gross profit 22%. Net profit 8% (before directors costs). No bank debt. Substantial local authority work. NICEIC and CHAS approved. For further details contact Laurie Riley: laurie.riley@dykeyaxley.co.uk.

C205 - Electrical contracting business
Based in West Yorkshire. Turnover £1 million. Retirement sale. For further details contact Nick Frost: nickf@lrh.co.uk

C201 - Commercial and industrial waste management and recycling company
Based in North West. Turnover £3.5 million. Highly respected both within industry and within own customer base. For further details contact Jonathan Staples:
jonathans@horsfield-smith.co.uk

C202 - Building work and general property maintenance
Based in Manchester. Turnover £1.8 million. Well known within building trade for the quality of its support and service. Highly skilled staff including nucleus of specialist contractors. For further details contact Jonathan Staples: jonathans@horsfield-smith.co.uk


Engineering

E205 - Mechanical engineering ***NEW***
Based in Norfolk. Turnover £1.7 million with profit £153k. For further details contact Chris Bidgood: c.bidgood@leesaccountants.co.uk

E204 - Marine and civil engineering
Based in Scotland. Turnover £1.67 million+. Well established. Unique blue chip client base. Sought after trading position. Highly skilled workforce with strong management team. Bolt-on opportunity. Freehold. For further details contact Iain Sim:IainSim@idsca.co.uk

E203 - Light industrial engineering, agricultural sector
Based in Lincolnshire. Turnover circa £675k. GP% 25%. Company is leading supplier in agricultural sector. For further details contact Richard Hallsworth: richard.hallsworth@nicholsonsca.co.uk

E202 - Engineering
Based in Norfolk. Turnover £3 million. For further details contact Chris Bidgood: c.bidgood@leesaccountants.co.uk


Distribution

D204 - Screws, fixings and related products distribution ***AMENDED***
Based in Greater Manchester / Cheshire. Turnover £4 million. Contracts and contacts in China. Plenty of room for expansion and brand building. For further details contact John Sheehan: john.sheehan@allensaccountants.com

D203 - Bearing and engineering products wholesale and distribution
Based in Scotland. Turnover £700k with gross profit £300k and adjusted net profit £175k. Established in 1981. Loyal customer base. For further details contact Iain Sim:IainSim@idsca.co.uk

D202 - Storage equipment, office products and e-website
Based in Norfolk. Turnover £2 million. Experienced sales team and online ordering with diverse client base in Norfolk and Suffolk and nationwide delivering capability. For further details contact Chris Bidgood: c.bidgood@leesaccountants.co.uk


Transport & Logistics

T203 - Coaches and buses
Based in Scotland. Turnover £700k. Established for 10 years. Lucrative designated route. Loyal customer base. PCV drivers retainable. Fleet of 32 and 55 seater buses. For further details contact Iain Sim:IainSim@idsca.co.uk

T202 - Haulier
Based in North Yorkshire. Turnover £2.5 million. Substantial repeat business from major clients. Sale due to ill health. For further details contact Mark Grewer: mark.grewer@hghyork.co.uk


Healthcare

H206 - Nursing home
Based in Perthshire. Turnover £535k. Registered for 23 residents. Town centre locality. Provides care and nursing. Excellent care commission rating. For further details contact Iain Sim:IainSim@idsca.co.uk

H205 - Care home
Based in East Ayrshire in convenient location.. Turnover £710k. Well established. Registered for 35. Secure and comfortable environment. Growth potential. 2 storey detached property with extended wing. For further details contact Iain Sim:IainSim@idsca.co.uk

H204 - Nursing home
Based in North Lincolnshire. Turnover £1.1 million with 95% gross profit. Private care home with nursing. Approximately 77 residents. 35 single rooms, 22 shared, 33 rooms with en-suite WC. 3 star rating (excellent) from Care Quality Commission. For further details contact Richard Hallsworth: richard.hallsworth@nicholsonsca.co.uk


Property, Building & Land

P216 - Beautiful stone built guest house
Based in Bowness, Windermere. Turnover £65k with plenty of scope for expansion. 8 letting bedrooms. Established guest house in idyllic setting. For further details contact John Sheehan: john.sheehan@allensaccountants.com

P215 - Country house hotel
Based in Banff. Very profitable and successful. 7 letting rooms and a 2 bedroom suite. Includes detached, spacious bungalow in grounds. Known as the wedding hotel in the area. Good levels of occupancy and excellent reputation for food. For further details contact Iain Sim:IainSim@idsca.co.uk

P214 - Country inn
Based 7 miles west of Inverness. Popular 10 bedroom roadside country inn. Excellent public areas, established business with good achievable profits. Separate commercial development available. Freehold. For further details contact Iain Sim:IainSim@idsca.co.uk

P213 - Country house hotel
Based in Scotland. Set in own 2 acre grounds in attractive market town with superb 6 bedroom owner’s house. 11 letting rooms (possibly 17). Full planning permission to build 4 flats. Freehold. For further details contact Iain Sim: IainSim@idsca.co.uk

P212 - Hotel
Based in Scottish Borders. Presented to very high standard. With 20 bedrooms, including some stunning rooms. Restaurant for 70+ covers, plus bar, outside dining area, garden and car park. Good location. All year round trade. For further details contact Iain Sim:IainSim@idsca.co.uk

P211 - Luxury self catering
Based near Blairgowrie. Turnover £300k. Large detached buildings set in an acre of grounds on the banks of the Blackwater River. Property comes with fishing rights and is ideally situated for the hunting and shooting market, currently run as a luxury self catering business. Freehold. For further details contact Iain Sim:IainSim@idsca.co.uk

P210 - Hotel
Based in Highlands. Handsome 3 star 55 bedroom hotel near busy main road. Wonderful outlook across lovely tidal loch. Close to busy town centre. Good profits on improving trade following substantial refurbishment. Freehold. For further details contact Iain Sim:IainSim@idsca.co.uk

P209 - Country house hotel
Based in Lockerbie. Elegant and substantial hotel in exclusive 16 acre grounds. 31 en-suite bedrooms and fine public areas. Predominantly residential trade, with valuable conference and wedding business. Freehold. For further details contact Iain Sim:IainSim@idsca.co.uk

P216 - Hotel
Based in Edinburgh. Offers 36 bedrooms (possibly 50). 2 large flats, restaurant, cafe bar, lounge bar, gym, therapy room, manager’s room, large car park. Outline planning permission to convert hotel to 54 flats. Freehold. For further details contact Iain Sim:IainSim@idsca.co.uk

P208 - Luxury Victorian hotel
Based in North Wales. Turnover £565k with operating profit £44k. 20 bedrooms (2 suites, 14 twins/doubles, 4 singles). AA 3 star rating. Based in popular tourist area. Includes restaurant. Average occupancy rate for 2008 was 55%. For further details contact Susan Relf: susan.relf@dykeyaxley.co.uk

P207 - Boutique hotel
Based in Glasgow. 103 spacious rooms and suites. Purpose built, iconic building in heart of prime office and retail area. Outstanding bar/restaurant (70 covers) with wide street frontage. Established business with good profits, run fully under management. For further details contact Iain Sim:IainSim@idsca.co.uk

P205 - Site with planning for social housing
Based in Bradford. 2.2 acre site, space for up to 44 properties. For further details contact Nick Frost: nickf@lrh.co.uk

P204 - Residential rental properties
Based in West Yorkshire. Formerly farm buildings. Tenants in situ. Property valued at circa £2.5 million. For further details contact Nick Frost: nickf@lrh.co.uk

P202 - Property letting agency
Based in Norfolk. Turnover circa £500k. Net profit circa 40%. Chris Bidgood: c.bidgood@leesaccountants.co.uk


Retail

R207- Used vehicles retailer ***NEW***
Based in Norfolk. Turnover £800k with operating profit £50k. Established car sales garage in prominent position in county town with considerable recurring trade. For further details contact Chris Bidgood: c.bidgood@leesaccountants.co.uk

R206 - Kitchen, bedroom and bathroom products retailer
Based in Scotland. Turnover £1.18 million+. Well established. Strong workforce. 2 separate showrooms. Combined rent of £28k per annum. Excellent bolt-on opportunity. For further details contact Iain Sim:IainSim@idsca.co.uk

R205 - Jewellery retailer
Based in North Yorkshire. Turnover £650k. High portion of repeat business from longstanding customer base. Located on busy shopping street. For further details contact Mark Grewer: mark.grewer@hghyork.co.uk

R204 - Specialist retail group
Based in market town in Lincolnshire close to the Wolds. Group have strong common brand name and have excellent reputation. Group consists of kitchenware, gift, cards and home styling products. Can be sold piecemeal or as a group. For further details contact Richard Hallsworth: richard.hallsworth@nicholsonsca.co.uk

R203 - Furniture retailer
Based in Lanarkshire. Turnover £500k. Established over 40 years. Retirement sale. Lifestyle business. Huge expansion potential. For further details contact Iain Sim:IainSim@idsca.co.uk

R201 - Motorcycle retailer
Based in Norfolk. Turnover £1 million. For further details contact Chris Bidgood: c.bidgood@leesaccountants.co.uk


Other Sectors

O231 - Foreign currency exchange ***NEW***
Operates from 5 high street locations in South East England. Currency sales £27.1 million with gross profit £1.1 million and adjusted profits before drawings of £470k. Well established partnership dealing in cash only transactions. Significant client base of individuals and small corporates. For further details contact Ian Denson: ian@corporatefinance.org.uk

O230 - Eco friendly power and resources / instrumentation
Turnover £500k. Mature company. Successful and well established niche business backed by United Utilities project. For further details contact John Sheehan: john.sheehan@allensaccountants.com

O229 - Solar power
Turnover £500k. Mature company. Unique patented design for domestic and commercial use. For further details contact John Sheehan: john.sheehan@allensaccountants.com

O228 - Commercial printer
Based in Greater Manchester. Turnover £850k with available capacity. Currently trading at about 50% capacity. Machinery can be easily relocated. For further details contact John Sheehan: john.sheehan@allensaccountants.com

O227 - Commercial printer
Based in South Manchester. Turnover £400k with available capacity. Currently trading at about 60% capacity. Machinery can be easily relocated. For further details contact John Sheehan: john.sheehan@allensaccountants.com

O226 - Removals and storage
Offices located across East Anglia and the South East. Turnover £855k with net profit £85k. For further details contact Chris Bidgood: c.bidgood@leesaccountants.co.uk

O225 - Fire sprinkler systems
Based in Central Scotland. Turnover £500k+ with gross profit circa £65k. Design, maintenance and installation of fire sprinkler systems. Relocatable. Well established. Strong and loyal client base. Maintenance contracts. For further details contact Iain Sim:IainSim@idsca.co.uk

O224 - IT support and services
Based in Scotland. Turnover £850k. Long established, well run and profitable. Offers vast range of services covering all hardware, software and networking issues to SMEs throughout Central Scotland. Leasehold. For further details contact Iain Sim:IainSim@idsca.co.uk

O223 - Indian restaurant
Based in Angus. Turnover £1.2 million. Leasehold property. Rent £26,500 per annum. For further details contact Iain Sim:IainSim@idsca.co.uk

O222 - Living farm experience
Based in East Midlands. Working farm attraction with activities for all ages and school groups with faming land and property in Nottinghamshire (or East Midlands). Includes substantial home, visitor centre, farm buildings and landscaped grounds. For further details contact Richard Hallsworth: richard.hallsworth@nicholsonsca.co.uk

O219 - Landscape and gardening
Based in Surrey. Turnover £360k. Company has grown rapidly in recent years. For further details contact Philip Munk: P.Munk@twpaccounting.co.uk

O218 - Systems integrator
Based in Scotland. Turnover £720k. Consistently highly profitable. Partnership established for nearly 20 years. Customers spread across a lot of blue chip clients but business is not reliant on any of them. Potential for substantial growth throughout UK. For further details contact Iain Sim:IainSim@idsca.co.uk

O217 - Commercial cleaning
Based in Scotland. Turnover £1 million. Net profit 21%. Long established family company. Diverse commercial customer base (no new build exposure). Would suit large national company looking to expand. Retirement sale. For further details contact Iain Sim:IainSim@idsca.co.uk

O216 - Public house
Based near East Kilbride. Turnover £4 million. Charming village ‘local’ dating from the 1600s. Split level restaurant, with 100 covers. Previously tenanted and now under management. Ideal owners accommodation. Large car park. For further details contact Iain Sim:IainSim@idsca.co.uk

O215 - Tax loss benefit
Property trading company, now ceased trading but with £112k of unused tax losses and no debt. Company shares and benefit of tax losses available. For further details contact Laurie Riley: laurie.riley@dykeyaxley.co.uk

O214 - Printing company
Based in North West. Turnover £1.7 million. Blue chip customer base. Company at forefront of technology. Strong management team in place. For further details contact Jonathan Staples:
jonathans@horsfield-smith.co.uk

O203 - Marquee hire company
Based in North Yorkshire. Turnover £200k - £250k. High proportion of repeat business from local shows in the area. For further details contact Mark Grewer: mark.grewer@hghyork.co.uk

O206 - Communication and marketing
Based in Norfolk. Turnover £700k. For further details contact Chris Bidgood: c.bidgood@leesaccountants.co.uk

The Corporate Finance Network (GB) LLP
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www.corporatefinance.org.uk