Precision Engineering Business For Sale

Business description

A retirement sale of a very successful small precision engineering business that specialises in small turned parts for manufacturing companies eg. couplings, bushes, spacers, electronic components etc. The business has been established nearly 30 years and during that time has developped an excellent reputation with its customers for quality and on-time delivery. The business has a substantial inventory of machinery including CNC lathes, lathes, millers, drills, grinders, linishers etc etc a full inventory will be provide to interested parties. Included in the sale is all the plant and equipment together with a large customer base, training, handover period may be agreed if required. The business has excellent prospects and has produced profits in excess of £100,000 for many years.

Property information

Property:

Leasehold

Lease terms:

The building is leased on a 3 year renewable lease that may be extended to the purchasers requirements

Location:

The business is located in a small industrial estate

Other information

Expansion potential:

The business has operated with no marketing or advertising for a long period of time due to the high level of repeat business and referalls. The business could easily be expanded with a more proactive marketing strategy.

Support & training:

Full handover will be given

Reasons for selling:

Retirement

Trading hours:

Mon to Fri

Financing available:

Finance is available to suitable applicants