Asking price: £700,000

Sales revenue: £1,550,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
We are pleased to offer for sale as exclusive agents this established and successful Precision Engineering company which is now for sale because of the owner’s wish to take early retirement.

The company has an established and excellent reputation for top quality engineering, and has contracts with internationally recognised companies in a number of different industry sectors.

Equipped throughout with the latest technology the company works to ISO9000:2000 standards. There is an established management structure in place, and there is a well qualified and experienced workforce.

The company has a track record of good profitability, and looking forward it has a good order book.

Price - Offers are invited in the region of £700,000.

Years established: 30+

Property: Leasehold

Location
Modern premises on a small, well appointed industrial estate, with good access to the motorway and major roads network.

Support & training
Full support will be given for an agreed handover period of consultancy.

Reasons for selling
Early retirement.