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Business For Sale
IX009-WARWICKSHIRE-£3,250,000 -SPECIALIST CNC
Attn:
Andrew Hudson
'Warwickshire', United Kingdom, GB
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Listing Number: "IX009"
Print this
Listing
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Asking Price: |
$3,250,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Manufacturing: Metal Products
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Reason for Selling:
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New owner with energy will carry this business. |
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Year Established:
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1995 |
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Yearly Revenues:
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$3,200,000 |
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Yearly Net Profit:
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$250,000 |
Business for Sale Overview:
A specialist in CNC component manufacturer of "turned part" machined components in small, medium and volume quantities. This business was established in 1995 and ensures realistic lead times being able to make customers parts quickly, accurately, and affordably without compromising on quality. The business was awarded runner up in 2006 in the Coventry and Warwickshire business of the year award. This successful business has a company philosophy to use modern machines do the work and keep labour to a minimum. Consequently the present owner has invested heavily on buying up to date equipment, with the emphasis on buying machines that could be used on an ‘as is’ basis or modified to make components automatically, in the knowledge that competitors were using more labour. The business have a large range of machinery, from conventional automatic lathes to sophisticated C.N.C. machines, this means that most components are manufactured in house. The "second operations" area could easily be a main operation in many other companies. The Company are very good at engineering a production solution and are able to make components in the most cost effective way. A "one stop shop" service is provided for customers, taking care of every aspect of making their components from inception to delivering complete onto their production line.
Property Features and Assets:
Conveniently based leasehold premises form part of a well-established industrial area, with excellent signage, separate offices, large fully equipped workshops/manufacturing areas, having lots of good storage, ample parking and easily accessible frontage. The business currently occupies a 10,000 (approx.) sq. foot building. The site is well located for access to major road and motorway networks.
Market Competition and Expansion:
A large percentage of new clients derive from referrals and the business regards existing clients as their best advertisers. It has maintained an excellent reputation since inception and there is immense opportunity to implement further and more assertive methods of advertising to expose the business to even greater markets with a high proportion of the business’s revenue being due to strong word of mouth recommendation, bearing testimony to the excellent reputation it has throughout the industry. The business for sale has a professionally designed website that offers excellent potential to increase turnover in the future.
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