Successful West Midlands Fastener & Component Supplier For Sale

Business description

We supply specialised fasteners to all industries in Europe.(Automotive / Electronic / Consumer Goods/ Wind Turbine)
Specialising in bespoke fastener components manufactured to drawings / specifications
Product range includes SEMS - Micro screws- Turned parts - small pressings - non standard fasteners
Key strengths include technical capability
Company growth substantial over last 2 years
Company trading for 16 years
Company success due to customer satisfaction
PPAP, ISIR's, IMDS
ISO9001 (BSi audit)

Property information

Property:

Leasehold

Lease terms:

4 1/2 years remaining (normally renewed in 6 yearly blocks)

Leasehold rent:

£18,000 per annum

Location:

Semi rural area

Premises details:

New build warehouse and offices, lease

Size in square feet:

4000 sq feet

Other information

Expansion potential:

Building next door available

Competition / Market:

Competiton limited due to the technical capability and service level of factory

Support & training:

Directors prepared to stay on in short term or consultative role long term to train new buyers / staff

Reasons for selling:

The 2 directors / shareholders are at an age where they wish to semi retire

Trading hours:

Monday to Friday 8-5

Inventory / Stock value:

£100,000

Related documents:

• 
• Sales Memorandum