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Precision Engineering Business For Sale

Greater Manchester, UK
Asking Price:
£450,000
Turnover:
Available on request
Net Profit:
£146,000

Over 30 years of trading this precision engineering business has built an extensive range of services that would credit a much larger company.

With ISO accreditation, CNC and CAD capabilities they have attracted a range of customers with diverse end users markets from Aerospace, Paper, Packaging, Water and other specialist engineering businesses.

A combination of these have driven growth in both sales and profitability over the past few years.

Staff
The business is run by its owners, but backed up by a Production manager who is capable of not only running the business, but who has also helped new customers in recent years.

On the shop floor there is a team of skilled machinists who can cover all aspects of production.

Opportunity
A trade buyer could acquire and add a profitable operation with significant capabilities and a diverse customer base.

For an investor, the Production manager provides a solid base around which to fill out the team and add growth.

Next Steps
We would expect significant interest in this business due to the growth and margins achieved by this business. Once an NDA has been completed we will arrange a short call to discuss your interest and funding position, before providing further information and arranging meetings with our clients.

Key features:
- ISO accredited Precision engineering firm
- Extensive range of capabilities

Property Information

Property:

Leasehold

Lease Terms:

A new 10 lease will be offered by the vendors at market rent, (currently £26,000 p.a. ex VAT).

The terms will be FRI with 3 year rent reviews and a break at 6 years.

Location:

Located in Greater Manchester the business is close to an extensive motorway network, which in turn provide access to a significant customer base.

Premises Details:

Leasehold premises providing 740 sq m of workshop and offices and space to expand.

Business Operation

Reasons for selling:

Our clients are looking to retire and have placed the business on the market in good time to find the right buyer for their business.

Years established:
1989

Contact Information

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