- Listing ID: 631626
- (Seller ref: ACL/CAST)
Investment Casting Innovation Business For Sale
- Location:
-
- UK
- > England
- > Midlands
- > West Midlands
- > Birmingham
- > Birmingham
- Category:
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Summary
- Asking price:
- £250,000
- Turnover:
- Available on request
- Net profit:
- Available on request
Business description
This company has developed and gained worldwide patents for a process representing the biggest step change in the investment casting process for centuries. Compared with the current process it saves up to 75% of process time, it uses 80% less energy and thereby reduces CO2 emissions by the same amount. The new process replaces the ‘traditional’ autoclave and furnace based batch process with a continuous process microwave oven. It is estimated that this technology can expand the investment casting market, already worth some £3B, by 30%.
The business will earn revenue principally through licensing of the technology to foundries and also through earning commissions on the special wax which will be used in the process. The forecasts show the business moving in to profit by Year 3 on revenues of more than £3M – longer term the business is expected to generate revenues measured in the £10Ms and substantial profits.
The current MD is the inventor of the process; he and his team have several years experience within the industry and are capable of taking the business forward. The company is now seeking an investor/s to complete the current funding round - a total of £250,000 is required alongside grant and loan monies. The investment is expected to qualify for EIS status.
Contact the seller
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- UK
- > England
- > Midlands
- > West Midlands
- > Birmingham
- > Birmingham
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