Asking price: £750,000

Sales revenue: £1,600,000

Net profit: £250,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
One of the best known and highly respected brand names in agricultural machinery sector is exclusively offered for sale. The company was established in the mid-1980’s and today is a world leader in mechanical weed control, utilising a revolutionary robotic guidance system. Consumer demand for organic and pesticide free produce has led the supermarkets to demand major reductions in the usage of chemicals. This has resulted in many areas of agriculture seeking new forms of weed control. This trend is set to continue and the demand for mechanical weed control will increase for the foreseeable future.

The company’s latest inter-row and inter-plant weeding implement will be launched in 2008, enabling whole fields to be weeded without casual labour or chemicals. This is a major development with great export potential.

Operating from a modern well equipped factory of 1,340 sq m on the outskirts of an East Midlands town. It has a spacious 2 storey office block of 220 sq m with ample room for future expansion. The total site area is 0.33 ha including yard space.

The business is set to grow rapidly and sales this year are expected to exceed £1.6M generating an Adjusted Operating Profit of more than £250k. An investment of £750k is sought to buy out retiring family members and to fund future growth.

Property: Leasehold