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Highly Profitable Niche Engineering Business For Sale

Halifax, West Yorkshire
Asking Price:
£1,500,000 Inventory / Stock included
Turnover:
£1,000,000
Net Profit:
£250,000

Leading UK manufacturer and supplier of earth drilling, boring, core sampling and ground testing equipment. We have a broad range of customers varying in size from one-man operators to large multinational corporations. Export sales account for two thirds of turnover, with good potential for further growth. Our market is diverse, including Geotechnical, Environmental and Mining companies.
Our philosophy of working closely with our customers sets us apart from many of our competitors, and allows us to compete effectively against many international companies much larger than us. We have an excellent reputation for quality products and good service.

Property information

Property:

Leasehold

Lease Terms:

Currently "holding over" with option for renewal of lease or cancellation of tenancy.

Leasehold Rent:

£32,000 per annum

Location:

Modern industrial unit in prime location within 1.5 miles of M62

Size in square feet:
9,500

Business Operation

Reasons for selling:

Owner wants early retirement to pursue other interests.

Employees:
6
Years established:
13

Other Information

Support & training:

Owners can provide training for prospective buyers on a consultancy basis

Website:
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Relocatable:
This business can be relocated.

Contact Information

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