Asking price: £500k < 1m

Sales revenue: £1m < 5m

Net profit: £100k < 250k

Fixtures value: £315,000

Stock value: Undisclosed

Business description
Privately owned and profitable precision engineering company based in purpose built site in the Midlands region. This business meets the requirements of ISO9001:2000 and has preferred supplier status with many high profile companies.

The business uses a large range of machinery, enabling most components to be manufactured 'in house', and excelling at engineering a production solution, and making components in the most cost effective way. The Company offers a 'one-stop shop' service from inception to completion of production on site, with unrivalled levels of expertise employed to produce components for a wide cross-section of industries with no job too large or small.

The current set-up offers a very flexible package to customers, working closely with suppliers to ensure the latest tooling technology and materials are utilised; with quick turnaround times, competitive pricing, and high quality products, with all the required facilities, research, development, and pre-production to develop a superb end product engineered to exacting quality standards on time for the customer.

Employees: 32

Trading hours: 5 days

Relocatable: This business can be relocated.

Property: Leasehold

Lease terms
Freehold premsises are available as part of a sale if required.

Location
This precision engineering technology company is currently based in the Midlands region, in freehold premises conveniently located to the national motorway network on a well-established industrial estate.

The purpose built premises offer large fully equipped workshops, storage area, and offices, with easily accessible parking spaces. The site is well situated to allow for expansion if required, and the business is offered for sale as a going concern, with or without the freehold.

Expansion potential
This well established manufacturing business has a loyal customer base to support its sterling reputation for quality, excellent service and value. With a strong and ever growing live order book, there is great potential for growth either as a stand alone opportunity or to further enhance and expand a current business. The current client base is predominately UK and Ireland, offering opportunity to expand further throughout Europe, with further capacity for increasing turnover and profitability through increased capacity. A new owner / management system would contribute further new ideas and energy to expand on this solid foundation, with already existing space for expansion and increased volume output at it's current premises.

Support & training
Business to be sold as fully operational with a functional succession plan already in place

Reasons for selling
This business is ready for further expansion as part of an existing business or stand alone

Financing available
We can put you in touch with our financial advisors should you require finance for this business opportunity

Related documents

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