Tool Making And Precision Machining With Equipment Included For Sale

Business description

HISTORY

• Trading from current site for 13 years
• Founded as precision machining business with emphasis on personal service
• Excellent reputation for integrity and quality
• Large inventory of plant and equipment built up

REASON FOR SALE

• Retirement although the vendor would be happy to assist with a handover in the short term

SERVICES

• Manufacture of a wide variety of small tools
• Repair work undertaken
• Bespoke commissions

CUSTOMERS

• Around 15 customers on the books
• Regular repeat work from 5 main clients
• Most customers are larger engineering companies or manufacturers requiring components

SUPPLIERS

• Capital equipment sourced on a new and used basis throughout the UK
• Consumables sourced from a variety of trade sources

STRENGTHS

• Established business well known within the locality
• Loyal and repeat customer base
• Extensive inventory of equipment and plant built up over many years
• Highly profitable with excellent financial performance
• Low overheads








DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

• Leasehold
• Rental £2,800 per annum
• Rates payable £1,400 per annum

Location:

• Trading from traditional industrial unit in a Kent village
• Within easy striking distance of Maidstone
• Ample parking on small industrial estate of similarly sized businesses
• Close to a large base of complementary engineering companies and fabricators

Premises details:

• A traditional leasehold industrial unit/machine shop
• Main workshop area
• Office

EQUIPMENT

• Colchester lathe 6”
• Bridgeport turret mill (manual)
• Bridgeport Interact CNC mill
• J & S 5AO Surface grinder
• Myford cylindrical grinder
• Eurospark EDM machine (HA25)
• Clarkson cutter/grinder
• Pedestal grinder
• Fly presses
• Bandsaw
• Compressor
• 2 rotary tables
• Quantity of drills, taps, dies and mill cutters etc etc.
• Many accessories for all machines

Business Operation

Expansion potential:

• Business development activity has been extremely limited and run at a leisurely pace
• Introduction of internet site
• Ideal starting point for experienced engineer seeking own business
• Equipment disposals for items not required for core business

Trading hours:

• 7.30am to 5pm Monday to Friday
• Closed Saturday and Sunday
• Work undertaken as customer requirements dictate

Employees:

• Vendor (full time)

Other information

Related documents:

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• Document