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Power Transmission Engineering Company For Sale

King's Lynn, Norfolk, UK
Asking Price:
£250,000
Turnover:
£820,000
Net Profit:
Available on request

POWER TRANSMISSION ENGINEERING COMPANY in Norfolk for Sale

This business was founded in 1965 and has built up a wealth of reputation across a large and loyal customer base, serving customer here in the UK and internationally.

It’s pride itself in being a British Manufacturers that specialized in industrial gearboxes, mechanical variable speed drives, inline and right-angle gearboxes, motor, pulleys and have abundance of technical skills in sub-contracting, producing bespoke, one-off parts or mass-produced parts, tailored to their customers needs.

Our clients are selling to enjoy a well-deserved retirement - excellent opportunity for any new owner to continue and take the business from strength to strength.

The premises operate from a well-presented and equipped commercial premises - excellent location and ideal premises for the operation of the business.

The business shows adjusted net profits in excess of £180,000 on the accounts to 2021 with a weekly turnover of £16,000 and is operated in easy hours Monday to Friday – exceptional buy and priced to sell.

Property Information

Property:

Leasehold