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Price Reduced Midlands Profitable Pattern And Tool Manufacturer For Sale
(Ref: 1016PL)
West Midlands, United Kingdom
Financials
Asking price: £150,000
Sales revenue: £300,000
Net profit: 0 - £100k
Fixtures value: Undisclosed
Stock value: Undisclosed
Business description
BUSINESS SUMMARY:
Based in the West Midlands, the main features are :-
•Well established business, having been started by the owner over 12 years ago.
•Very profitable.
•Manufacture and design of precision mouldings for the foam injection market.
•The mouldings are manufactured from either cast Aluminium or machined from solid blocks.
•Skilled and loyal small workforce.
•Three full time staff, one part time employee and the owner.
•Operated from 2500 sq ft leased premises, £10300 pa, in a well maintained private industrial estate.
•Diversified customer base.
•Blue chip end users.
•No marketing is carried out. All business is obtained through word of mouth and the quality of the last order.
Years established: 12
Employees: 3 full time and one part time
Trading hours: 9 to 5, Monday to Friday
Relocatable: This business can be relocated.
Property: Leasehold
Location
Operating from 2500 sq ft leased unit in a very tidy industrial estate on the outskirts of Walsall, ideally located close to the motorway network which offers good distribution links.
Expansion potential
This business is now very well established and known for its quality of workmanship. Very little advertising is done as all work is received through repeat orders or word of mouth. The foundations of this business have been well and truely laid down and are now ready to be built upon to expand into untapped new markets.
Support & training
The owner will give full hand over training and support.
Reasons for selling
Ill health
Financing available
TSL Business Sales has strong relationships with a number of funding institutions, both high street banks and other financial organisations. If you need help or advice in this aspect of buying a business, please tell us and we will be happy to make the appropriate introduction.
