Business for Sale Overview:
This family run business was established in 1969 and is a highly successful on site, Machine Tool Maintenance Company, specializing in the maintenance and repair work for a wide variety of equipment, providing service at competitive prices. Repairs are mechanical, hydraulic and electrical to:
Lathes;
Mills;
Grinders;
Borers;
Drills;
Capstans;
Guillotines;
Press Brakes;
Bandsaws;
Woodworking Machinery;
And many others.
They also complete all sorts of Health & Safety work and Inspection, as well as pre-inspection checks, including removing fly wheels etc, prior to insurance inspections.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The premises are owned by the vendor and a new lease will be negotiated with the buyer at a rental of circa £19,500 per annum, with business rates of approximately, £300 payable per annum.
The premises comprise a yard with parking, leading to a workshop and storage on the ground floor, with office, kitchen and toilets on the first floor.
They are located in a busy area of Surrey and within the Greater London Area giving them easy access to all the main London arterial roads and motorways.
Market Competition and Expansion:
The business has used limited advertising in the past relying on the best advertising media of all, that of word of mouth recommendations from their satisfied customer base. However an immense opportunity exists to build on this businesses reputation and implement further and more assertive methods of advertising to expose the business to even greater markets. Various methods could be used in this regard, including the local press, trade shows, a website and leaflets & brochures. Although the business for sale benefits from a website, it could be far more effective if the necessary work and effort were put into this, from somebody who understands the true value of this medium.
Reason for Selling:
This is a genuine retirement sale.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.