Asking price: £350,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This business was started by its owner in 1994 when he realised that there was a strong demand for high quality used metrology equipment. There is a widely held belief that the older equipment performs better and lasts longer than newer versions that are imported from abroad.

The company supplies all forms of metrology including verniers, micrometers, thread measurers, height guages, comparator gauges and clocks, calibration equipment, bore measurers, projectors, length measurers, surface measurers, angular measurers and screw gauges. All equipment is checked, tested and calibrated prior to dispatch.

Trading hours: Viewings are by appointment

Location
A double fronted retail unit in a residential area. This comprises of a well stocked and immaculate temperature controlled showroom and a small office / workshop. The rent is set at four hundred and eighty pounds per month including all services.

Expansion potential
Every engineering company and machine shop in the UK is a potential customer. At present only those who use the web to search for their equipment will get to know this company. Selective and repeat mail shots across the broad spectrum of the engineering industry would raise awareness of this company and increase revenue streams.

Competition / Market
The business presently generates its business from a comprehensive and well-optimised web site. Every item of stock is listed with a full description and in most cases a photograph. One small advertisement in a quarterly journal.

Support & training
There will be a full and seamless handover for the purchaser. For a purchaser with limited experience in this sector a longer handover and training period could be negotiated.

Reasons for selling
The owner has decided to retire.