- Advert ID: 302362
- (Seller ref: EN131A)
Precision Engineering Company For Sale
- Location:
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Summary
- Asking price:
- £699,950
- Sales revenue:
- £313,255
- Net profit:
- £165,000
- Employees:
- Owner full time, with 2 full time assistants. The employed staff wages bill is approximately £34,000 p.a.
Business description
Specializing in moving parts for Mobile Storage Systems which is 40% of the business, it is also involved in healthcare equipment, underground detection equipment, military hardware and sports and leisure equipment. It could in fact be involved in anything requiring precision engineered moving parts.
Property information
- Property:
- Freehold
- Location:
- The business is situated on a main ‘A’ road, which runs through a north Somerset town, within easy reach of the M5 motorway.
Other information
- Reasons for selling:
- After running the business for many years, the current owner now feels that it is time to take well earned retirement.
- Trading hours:
- 8:30 am to 5 pm.
- Financing available:
- This business should readily support loan finance, subject to status. For further information, please contact Lakey & Co.
Contact the seller
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