Specialists In Precision Machined Components Precision Engineers For Sale

Business description

This business is an Engineering Company manufacturing high quality precision engineered turned and milled components, from one off to large batch quantities of between 1 to 50,000 off’s, all machined to specified drawings received from customers. Skilled fitting and assembly work is also provided for customers.

The business takes pride in the standard of products that are produced for the many customers who include large national and international companies in the Computer, Chemical, Petrochemical, Pharmaceutical, Tobacco, and Brewing Industry, as well as many other smaller companies.

The company specialsies in sub-contrating high quality, high tolerance precision enginneered components. A lot of the work that is undertaken is specialised so the business has the highest specification machinery to fulfill customer requirements. All machinery combines the strength of traditional engineering with the flexibility of modern C.N.C. technology. The skilled team handle different jobs and have the ability to turn jobs round quickly, bringing solutions to customers problems.

The business has experienced structured growth since inception in 1989 and has continued to grow over the years because of its conviction that the customer comes first. With an excellent reputation the business prides itself on providing a level of service not usually associated with sub-contract engineering.

Property information

Property:

Freehold

Location:

The Freehold premises are very well-equipped due to constant investment by the present owner. The steel portal frame building is circa 3,000 sq ft. with roller doors and plenty of extra space to expand if required.

Fully alarmed the ground floor comprises of a production area, managers office, general office, kitchen and toilets. Upstairs the loft area is currently utilised as an inspection and packaging area and also provides useful storage.

The area is excellently serviced with a very advanced communications and distribution network, which includes well maintained road networks and the local airport.

The Freehold property valuation is circa £500,000, and is included in the asking price of the business.

Business Operation

Expansion potential:

There is an opportunity to develop further business on the company reputation, also by increasing the work force and advertising. Continuing to work with existing customers and investment in these areas could offer the potential of tripling the business.
The market outlook is very good and the company offers a new owner plenty of excellent growth potential and a strong market base, making it a business that is on the right track to the next level of business.

With established account customers, this successful business enjoys a sterling reputation for quality, excellent service and value, not to mention a high demand for its wide range of precision engineering.

Competition / Market:

The Company is recognised for its expertise. Constantly busy at its present level it has relied solely on word of mouth from one satisfied customer to another and has found no need for advertising. The directors recognise that investment in a company website would be a great opportunity for increasing growth.

Reasons for selling:

The vendor is looking forward to retirement in order that he and his wife can take life more easily.

Trading hours:

Monday – Thursday: 8:15 am - 4:45 pm Friday: 8:15 am - 1pm

Employees:

The company employs a skilled and dedicated workforce which is trained in the inspection of machined components. The workforce has built up a good reputation with all the customers and comprise of 10 full time (turners, millers and conventional fitters) 4 have been with the company for circa 15 years 1 part time office manager

Years established:

1989

Other information

Support & training:

The owner is happy to provide support and training to ensure a smooth transition of ownership.