Profitable Engineering Machine Shop For Sale

Business description

Successfully run by our clients since 1974, this is a well-managed, consistently profitable business with a well-established and stable client base. It enjoys an excellent local reputation for quality of product and reliability. This has set it aside from the competition and allowed it to maintain good levels of profitability through repeat business.
Ideally located on a large industrial estate on the outskirts of one of Surrey’s busiest commercial centres and very close to one of its major Clients this business provides a service that is best described as general machining and fabrication to its broad Client base. Basically this is a business to come to for anything in metalwork! Most comfortable in small batch production - machining ‘one off’s’ and specials, this business can work up to batches of 500 plus, with bigger jobs occasionally out sourced as required to a very small portfolio of high quality, reliable sub-contractors.
With a regular base of approximately twenty or so customers, this business works with a number of building developers and construction companies as well as accepting one off commissions and manufacturing to bespoke designs for private customers for the fabrication of household architectural features including staircases and garden gates. The vast majority of its work however, comes from machining parts for plant and equipment on behalf of a very locally based team of Consulting Engineers with which this business has worked for a number of years and has traditionally provided large volumes of work on an on-going basis. Such is the strong relationship between the two that this business holds spares for immediate dispatch as required by its Client.

Property information

Location:

The business occupies leasehold premises of approximately 1300 square feet including a small office, on a well-established large industrial estate amongst similar light commercial and engineering enterprises.
Two years into a five year lease with an option to renew at three years, the rent is £8,680 per annum. Rates are approximately £2,000 per annum.

Other information

Competition / Market:

Having been established for over thirty years and with a strong loyal customer base this business has little need of advertising benefiting from the strongest and most cost effective form of marketing, word of mouth recommendation. The business has a very basic web presence which could be significantly upgraded for greater effect, particularly to capture more of the local bespoke market.

Support & training:

The Owners are happy to provide all the necessary training and handover required to ensure a smooth transfer of the business.

Reasons for selling:

This is a genuine retirement sale.

Contact the seller