In order to contact the buyer/seller, you must be a registered user of the site and must be logged in
Business for sale in United Kingdom - 8910b west midlands leasehold: 295,000 die sinkers to the forging trade price reduced
| Asking Price: | 295,000 £ |  |
Real Estate: | Lease |
|
|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales Revenue: | 179,000 £ | |||||||||||
| Net Profit: | 1 £ | |||||||||||
| Year Established: | 2001 | |||||||||||
| Employees: | 2FT | |||||||||||
| # of family members employed: | 2FT | |||||||||||
| Location criteria: |
|
|||||||||||
Business types:
Manufacturing
Business categories:
Other Manufacturing
Business description
Advent Business Sales have been instructed to offer for sale this well established and extremely reputable business. Established in 1991 by the vendors and operating from its current location since 2001, it has now reluctantly been offered for sale due to the vendor s plans to retire. The two directors with two further full time tradesmen staff the business. Our clients manufacture and design die casts and forging moulds for the steel and coal industry. The business has built up a healthy relationship with a number of corporate blue chip clients, who are supplied on a regular basis. Approximately 90% of the orders are repeat. Our clients work to a very high standard and subsequently have invested heavily in plant and machinery. A conservative estimate of 300,000 would quantify the value of equipment. The business has a healthy forward order book, normally consisting of about 20,000 for the following month. All work is generated through repeat orders, no advertising is currently done. REF: 8910B
Additional information
| Additional information: | download |
|---|---|
| Support & training: | Not Disclosed |
| Reasons for selling: | sale due to the vendor’s plans to retire. |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
|---|---|
| Lease: | yes |
| Lease terms: | Rented Rent: £7675 PA inclusive of rates and utilities |
| Location: | Our client is ideally located on a major industrial development in the West Midlands. There are two sites to the business, which is approximately a mile apart. There are ample parking facilities for both employees and visitors. The M5 motorway network provides transport links. |
In order to contact the buyer/seller, you must be a registered user of the site and must be logged in
