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Business for Sale Overview:

This highly regarded business was founded in 1990 by the Vendors family with a combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with an established reputation among its customers for the quality of its products and service, honesty and reliability. The business offers a comprehensive range of precision engineered products and tool making covering every level of technical requirement and quality demand appropriate to their end use and market and it is this business’s ability to operate in such detailed ways in determined volumes that creates a clear difference between this business and competitors meeting the customer’s needs for cost, productivity, delivery and quality. The business operates from a rural location in Buckinghamshire with low overhead costs and has invested industry technology and implemented it to maintain the careful balance between cost and quality, providing exceptional value for money and combining ease of delivery to the customer with maintained manufactured integrity.

Property Features and Assets:

The business is located in a rural area of Oxfordshire and consists of a workshop including roller shutter and mezzanine floor used for storage with an office and all usual facilities. The overhead is low cost as part of the large premises are sublet which leaves a proportion of rent payable of £6,000 per annum with rates currently payable of £3,400. The lease has 10 months to run, which means the business is fully re-locatable with an opportunity to purchase the freehold at that time.

Market Competition and Expansion:

The business has used only limited advertising in the past but has found greatest success through word of mouth recommendation where a significant number of orders and inquiries are taken. This activity has been supplemented with internet based advertising and referrals.