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Light Engineering And Manufacturer In West Midlands For Sale

West Midlands, UK
Asking Price:
£195,000 Furniture / Fixtures included
Turnover:
£600,000
Net Profit:
On request

City Business Brokers welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and thriving light engineering and manufacturing business which is a market leader in its core product line

The Business has been under the careful and meticulous ownership of our clients for the last 35 years, building up an enviable reputation not just locally but within the industry in general, a true testament to the hard work and dedication from the current owners, resulting in the high calibre of business on offer. The business is now being offered for sale due to our clients wishing to leave the industry after many successful years of trading as they look to retire soon.

The company was established in 1990 and is now run by the next generation of the same family. The company has diversified and grown and now specialises in the manufacture of market leading products for the commercial and domestic market

The business prides itself on offering the highest standard of service to all its customers and this is reflected in the number of returning buyers, many of whom have been using the business for years.

We feel there is scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, along with the introduction and further promotion of the dedicated website where customers can either click and collect or order for delivery, along with the introduction of some further products.

This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established, or for an experienced operator looking for an additional business with an attractive income stream.

A tremendous opportunity to own this well-established and popular business, with the current owners happy to offer a hand over period. Early enquiries are highly recommended to avoid disappointment.

The business is in a prime trading location and benefits from being surrounded by a host of complementary businesses.

Property Information

Property:

Leasehold

Lease Terms:

3 years remain , new lease will be available.

Leasehold Rent:

£35,000 per annum

Location:

Large industrial unit on a well known trading estate

Premises Details:

approx 5000sq ft

Size in square feet:
5,000

Business Operation

Competition / Market:

Very Little

Reasons for selling:

Semi Retirement

Trading hours:

5days -8-4.30pm

Employees:
5ft
Years established:
1990

Other Information

Support & training:

Second Tier management in place

Furniture / Fixtures value:
£10,000 - included in the asking price