Wood drills manufacturer
Selling price: 3.500.000 EURO
Annual turnover: 2.415.000 EURO
Real Estate Value EURO
EBITDA EURO
County / City: Grand Est
Country: France
Short description
The company specializes in the manufacture of wood drills. It also buys and sells drills for concrete, metal, aluminum, and PVC.The company exports 60% of its production to Europe, mainly to Germany, Italy, Austria, and the UK. The customer base is composed of users and resellers. Users are mainly railway companies, whereas most resellers are concrete drill manufacturers.
The company operates in a niche market with very limited competition and it is the only one to offer these products in France; on a European scale, there are 2 competitors based in Austria. This competition is however limited due to the production capacities of each. As all three companies have structural limitations, no one encroaches on the market share of the other.
The production could be improved by 50% through an expansion of the production hall.
The company has 25 acres (+/- 3,000 square yards) of unused land and the project has already been costed. The permits for the land and the machine were granted at the end of 2019, and part of the project is subsidized.
A buyer with an industrial profile would be a good fit. Someone who already has knowledge about the industry is a requirement since the business model is specific.
The real estate is evaluated at 1.204 K€. The reason for the sale is the retirement of the 2 owners.
Detailed information
Business established on 2023-05-12
Turnover from previous years EURO
Trademark EURO
Goodwill EURO
Seller/bank financing EURO
Approximate inventory EURO
Inventory included in price N/A
Number of Employees 18
Support and training N/A
Reason for sale N/A