 | Precision Engineering Business For Sale Essex, United Kingdom Advert ref: 2118DC FINANCIAL DETAILS | Asking price: £599,950 Sales revenue: £704,000 Net profit: £100k < 250k Fixtures value: £200,000 Stock value: Undisclosed |
BUSINESS DESCRIPTION | An extremely successful and profitable specialist engineering company that has been built up over 20 years by the owner. The business has 4 large multi-national company clients as well as another 20 or so large UK and European based customers. The business is located in a modern, clean industrial unit and utilises some of the latest CNC/VMC plant and machinery. An excellent stand alone investment or bolt on to a similar engineering based company
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GENERAL INFORMATION | Years established: 20 years
Employees: 8 operatives
Trading hours: Mon - Fri
Property: Leasehold
Lease terms
The property is leased at £17,500 pa on a 6 year renewable lease
Location
The unit is located on modern industrial estate in a small rural town
Expansion potential
There is an excellent opportunity to further expand with the existing customer base
Support & training
Full support and handover will be given
Reasons for selling
Retirement
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The Business Partnership - Essex and South Suffolk | | | |
