Engineering And Consumable Product Sales In Hampshire For Sale

Business description

HISTORY

• The business was formed by the present vendor over 24 years ago during which time it has built up an enviable local reputation for quality and service

REASON FOR SALE

• The business is only now being reluctantly offered for sale to enable the vendor to concentrate on an alternative unrelated business venture

PRODUCTS

• The business is able to supply a full range of machined parts to ISO 9001, these include:
Turning, milling, broaching, keyways, CNC, welding and fabrication

CUSTOMERS

• The client has an extensive range of blue chip customers such as Sainsbury’s, Kuehne Nagel
• There is no over reliance on any single client or market sector
• Most clients are within an approximate 30 mile radius of the premises

SERVICES

• An extensive range of products are available these include:
• Timing, conveyor, V and wedge belts, drive and conveyor chains
• AC/DC motors, rewinds, pumps, gear boxes and repairs
• Pneumatics, hydraulics and hydraulic motors
• Bearings, roller, needle, taper, wheels and casters
• Tools, fasteners, adhesives, sealants
• Much more

STRENGTHS

• An extremely well established business which has been trading for over 24 years
• Excellent client database which has a very high repeat and referral rate
• Deals with many blue chip customers such as Sainsbury’s, Kuehne Nagel









DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Leasehold
• Original lease 5 years
• Remaining lease 2.5 years
• Review every: 1 year
• Rent: £13,000 per annum
• Rates: £6,500 per annum

Location:

• The business is located in the heart of a small industrial site in Hampshire

Premises details:

• A modern mid terraced property which briefly comprises:
• Works entry via full height roller shutter door, range of plant and machinery organised around the workshop, rear fire exit
• Foot entry from side door into the sales counter
• Corridor with male and females W/Cs
• Kitchen area, side works office, managers office
• Stairs to first floor accounts and archive offices
• The premises benefit from being fully double glazed and with a good alarm system
• The current plant and equipment list includes:
• Colchester student lathe and tooling
• New 250v cut off saw
• Rusch band saw with a 10” cut
• Broaching press and tooling
• Mig welder
• Compressor
• Fiat fork lift truck and charger
• Pallet truck
• Measuring table
• Fiat Scudo VAT ‘08’ plate

Business Operation

Expansion potential:

• Employing their own salesman to visit new potential customers to offer the services
• Trawl through the existing database to try and resurrect customers who have not had any contact for a number of years
• Advertise in selected trade magazines

Trading hours:

• Weekdays 8.30am to 5pm

Employees:

• 2 full time including 1 vendor • 3 part time including 1 vendor • 2 who work 3 days a week and the other 2½ days a week

Other information

Related documents:

• 
• Sales particulars

• 
• EPC