Summary
- Asking price:
-
£500k < 1m
- Sales revenue:
- £400,000
- Net profit:
- £100k < 250k
- Years established:
- 25+
- Relocatable:
- This business can be relocated.
Business description
A rare opportunity to acquire a long established successful and dynamic Company that specialises in Electrical Discharge Machining.
The company has expanded from its early beginnings when it focused on spark erosion activities, and now combines this with high precision wire erosion machining processes.
As part of the EDM (Electrical Discharge Machining) procedure, this Company also provide a full range of general engineering and machining services.
Wire EDM (Electrical Discharge Machining) is an exceptionally precise, efficient and economical manufacturing route in many applications, allowing customers to design parts for optimum function, without the many restrictions of other metalworking processes.
EDM provides to the business:
* Versatile Production
* High Accuracy
* Quick turnaround of one-of-a-kind and low run production parts
Services Provided by this Company:
* Spark Erosion
* Rescue
* Wire Erosion
Property information
- Property:
- Freehold
- Location:
- The Company currently owns the freehold to its premises, situated on an industrial estate close a major city in the county of Yorkshire. The site is well presented to visitors and includes car parking areas and loading spaces.
The Business is well situated to all main motorway networks and transport links.
The nearest international airport is less than 30 miles from this companies premises.
Other information
- Expansion potential:
- * This business is in a prime position for the right Company to take full advantage by investing in this sector and gaining direct access to its contracts, key staff and client base, increasing total turnover, market share and maximising sales and profitability
* A focused sales and marketing plan would bring immediate increases in turnover and profit
* The Business is suited to being run as a stand alone business or could be integrated into an existing operation, providing savings on operational costs
* Business operations are not at maximum capacity so there remains considerable scope for an increase in output
* The Company has huge capabilities for expansion with the obvious benefits of increased turnover and profit that could be achieved simply by gearing operations in line with current market demand
* For an acquiring company, additional margin can be expected through gaining access and expanding upon the already substantial customer database
* The business would make a strategic acquisition for a Company that wanted to brings its outsourcing of EDM in house
- Support & training:
- The owners are open to a consulting role to effectively hand over the business for a predetermined length of time.
- Reasons for selling:
- The owners are planning to retire in the near future.
- Financing available:
- Financing can be arranged, please contact us for details.
- Related documents:
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