Bag a Business Ltd has been instructed to offer this established engineering design and consultancy business to the market. It was set up by the existing vendor in 2001 and is now being sold as he wishes to pursue alternative business interests, and start taking life at a gentler pace. The consultancy undertakes a broad range of commissions, generating a turnover of £712,000 in 2005, and £439,000 in the first half of 2006. Net profit levels are exceptionally high. Work in a number of diversified sectors is undertaken, including power tools, marine and automotive, the latter forming the largest proportion of the business. The company offers a bespoke and timely delivery of surfacing design projects, working either from the office or at the client's premises. The client base is extensive and includes a number of Blue Chip clients such as Black and Decker, B & Q and General Motors. Project management is undertaken, delivering the product from the design to manufacturing stage. The company utilises the very latest in CAD 3D software modelling programs and holds 7 licences which are included within the sale price of the business. There is a web site with suitable domain name. The company has employed staff in the past, but is currently run by our client sourcing additional specialist input where required. The sale of this business offers a unique opportunity to acquire a highly profitable engineering, design and consultancy operation, with a splendid reputation within the industry, and with a number of excellent customers. There is also the opportunity to maintain the involvement of our client. The business would suit an individual with engineering design skills looking to enter the market place. Alternatively, it could provide an unrivalled opportunity for an existing company to add the business to its portfolio, generating an immediate profit, with excellent potential to penetrate the market place further. Trading hours: Mon - Fri: Office hours.
Property
LeaseholdLease terms
Leasehold. Rent: £600 per month. Living accomodation
The business is currently run from a suite of rented offices, but is fully relocatable.Location
This business is located within the South East of England, and is currently trading from a rented office suite. The nature of the business, engineering design and consultancy, is global and, as such, the business is entirely re-locatable. It does not require any large amounts of space and could easily be run from suitable home premises. The rented office would be available should this be required, perhaps as a base in the short term, as our client is prepared to assist with handover, or could be amenable to a suitable consultancy offer.

Asking price:
£90,000
Sales revenue:
£442,000