Manufacturer Of Die Sinkers To Forging Trade For Sale

Business description

Advent Business Sales have been instructed to offer for sale this well established and extremely reputable business.

Established in 1991 by the vendors and operating from its current location since 2001, it has now reluctantly been offered for sale due to the vendor’s plans to retire.

Our clients manufacture and design die casts and forging moulds for the steel and coal industry.

The business has built up a healthy relationship with a number of corporate blue chip clients, who are supplied on a regular basis.

Approximately 90% of the orders are repeat.

Our clients work to a very high standard and subsequently have invested heavily in plant and machinery. A conservative estimate of £300,000 would quantify the value of equipment.

The business has a healthy forward order book, normally consisting of about £20,000 for the following month.

All work is generated through repeat orders, no advertising is currently done.
REF: 8910B

Property information

Property:

Leasehold

Lease terms:

TENURE: Rented
Rent: £7675 PA inclusive of rates and utilities

Living accommodation:

BUSINESS PREMISES Two premises operating simultaneously in the West Midlands area, comprising of the following: Site 1 Approximately 3000 sq ft ground floor unit equipped with: • 2 x large hydrotel • 1 x small hydrotel • Lathes • 2 x cutter grinders • Heated marking out table • Drills • Tooling • Measuring equipment • Additional necessary tooling Site 2 Approximately 200 sq ft ground floor unit equipped with: • 1 x large hydrotel • 1 x small hydrotel • Lathe • Cutter grinders • Additional necessary tooling W/c and canteen facilities for both units are shared with other units on site External • Ample parking facilities

Location:

Our client is ideally located on a major industrial development in the West Midlands. There are two sites to the business, which is approximately a mile apart.

There are ample parking facilities for both employees and visitors.

The M5 motorway network provides transport links.

Other information

Expansion potential:

There is genuine scope to increase trade and profits considerably by:
1. Introducing double shifts
2. Accommodating further orders and increase work load
3. Currently production is operating at 40%, the growth possibility is immense

Trading hours:

Mon – Sat: 8.00am – 5.00pm

Financing available:

Please let us know if you require finance for the purchase of a business.

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