Precision Engineering Business For Sale
Business for sale
Asking Price:
£559,950
Turnover:
£704,000
Annual profit:
150k to 199k
Audited accounts:
No
Management accounts:
Yes
Business description
An extremely successful and profitable specialist engineering company that has been built up over 20 years by the owner. The business has 4 large multi-national company clients as well as another 20 or so large UK and European based customers. The business is located in a modern, clean industrial unit and utilises some of the latest CNC/VMC plant and machinery. An excellent stand alone investment or bolt on to a similar engineering based companyGENERAL INFORMATION
Years established: 20 years
Employees: 8 operatives
Trading hours: Mon - Fri
Property: Leasehold
Lease terms
The property is leased at £17,500 pa on a 6 year renewable lease
Location
The unit is located on modern industrial estate in a small rural town
Expansion potential
There is an excellent opportunity to further expand with the existing customer base
Support & training
Full support and handover will be given
Reasons for selling
Retirement
Advert ref: 2118DC
Employee details
Fulltime staff:
8
Parttime staff:
0
