Business for Sale Overview:
Established for two years this business specialises in manufacturing parts and components for the industrial sector. This is a light engineering company producing precision components for high tech companies, machinery and equipment. The business is fully equipped with modern tools combined with CNC and traditional machinery. The capacity of the equipment has been specifically accumulated over the years to compliment a varied range of customer requirements.
There are excellent contracts in place to ensure future revenues and with the market outlook for the industry in very good shape the business is positioning itself for future growth. This business is attractively priced based on equipment, performance and growth potential. The price includes all equipment and inventory, a strong client base, which has been established with several long standing customers, resulting in repeat orders.
The product range varies according to the need of customer. The diverse skilled workforce has high levels of expertise. This knowledge and skill produces various components that are manufactured for a wide cross section of industries. With its wide capacity range, it offers a very flexible package to its present customers, and potential customer base.
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 company occupies a modern, extremely well maintained unit on a vibrant industrial estate. The unit comprises workshop and office, both modern and well decorated, with all the usual facilities. The business also benefits from 20 parking spaces. The premises are leasehold and there is an excellent longstanding relationship with the landlord. A new lease will be negotiated on terms agreeable to both parties. Rent is currently circa £60,000 per annum and rates payable circa £22,060.
Market Competition and Expansion:
Having been established for 2 years this business does little by way of advertising, enjoying high levels of repeat business and the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has for its unique, high quality product range and customer service.
Reason for Selling:
This is a genuine retirement sale.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.