General & Precision Engineers For Sale

Business description

Key Points:
Design and manufacture of components to varied sectors
One-offs, batches and special purpose projects
Turnover of circa £780k, Gross Margin 49% and Net Profit circa £200k
Retainable Senior Management
High level of repeat business
Ahead of budget in current financial year
Highly skilled and long serving team

Business Activities:
The business was formed in the early 1980's and operates as a subcontract machinist within a number of markets including pharmaceuticals, defence, aerospace, electronics, petrochemical and food sectors. Within these sectors the business designs and builds special purpose machines and equipment. Well established and with a strong reputation for quality, service and flexibility the business continues to grow year-on-year.

Projects range from one-offs through to bespoke special purpose machines and equipment and are undertaken through the whole process from design, detailing and drawing, to manufacture and delivery. The business has invested in state of the art equipment that enables the business to maintain its exceptional flexibility and versatility, combined with high quality standards.

The business employs 16 people including 12 skilled operatives, a General Manager and foreman are responsible for day to day running of the business, along with the owner. The business does not employ a salesperson with orders being generated by recommendation and referral.

The company operates from circa 12,500 sq feet premises, including production areas, storage and offices on an industrial estate with secure parking and yard. The premises are available leasehold on a rent of £35,000 p.a. or freehold by negotiation.

Sale Basis:
To receive further information on this business please click "Contact Seller" at the bottom of this page. We will then automatically send you our Non-Disclosure Agreement (NDA). You will need to print and complete this form and return it to the address on the form. We request this document to protect the confidentiality of our clients.

We unfortunately will not be able to contact you with any further information until we receive this Non-Disclosure Agreement through the post.

Could you also please ensure you add the seller reference number of the business to the NDA so we can identify your business of interest. The reference number can be found at the top left of the business advert and is normally four to five numbers.

We look forward to receiving your Non-Disclosure Agreements.

Property information

Property:

Freehold