IG016-Relocatable-Electronic & Computer Control System Design
Business for sale
Asking Price:
£350,000
Turnover:
£310,000
Annual profit:
£170,000
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
15
Employees:
No
Photos:
No
Ownership:
Other
Business description
Established in 1993 by the present owner and founder, this is a small business, with an enviable reputation in the market for metal-forming machinery, especially in the heavy engineering and high, added value manufacturing industry. The company operates in a niche market with little competition, and high profit margins. Customers are generally large groups, where the companies equipment controls primary plant essential to their clients operations.Most of the customers operate in the aerospace or commercial vehicle supply chain ,and have long term agreements with their customers for component supply. The company have been successful in these areas by providing highly reliable equipment, with features particularly attractive to the market requirements(repeatability and traceability).
Competition is minimal in the field,with few companies having the knowledge and expertise in the control of heavy machinery. Success has been such, that many of their customers are totally reliant upon the companies equipment for their primary plant, to the extent, that all output from their site has been produced on plant controlled by this companies equipment.