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Business for sale in United Kingdom - Ih026-cnc manufacturing company-leicestershire

Asking Price: 995,000 £ Real Estate: Lease
Sales Revenue: 1,000,000 £
Net Profit: 300,000 £
Year Established: 2000
Employees: 8FT, 4PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Leicestershire/Leicestershire

Business types:

Manufacturing

Business categories:

Machinery, Excluding Computers ; Other Manufacturing

Business description

Turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. this family owned and managed engineering company has shown dynamic growth since its inception back in year 2000. The company was incorporated in 2003, and the family and their loyal and highly skilled team have built on their success continually since then, even through the currently challenging economic times, drawing constantly on the 25+ years of generic experience of its managing director. the company s day to day operation between their two company identities includes the production of:- sliding head cnc work small diameter up to 20mm multi axis standard cnc turning and milling grinding the company s business model has been a simple but very effective one:- reliable time service high quality control cost competitive pricing good working relationships with their customer base, with high retention levels. the company is completely geared for delivery of these all important aspects of their business model and this is demonstrated by their willingness to work the hours necessary to deliver on time, including 24/7 lights out shifts where necessary. this business now trades from a robust platform and would be an outstanding candidate for perhaps a larger company in the same or parallel fields to bolt on to their core business, thus generating even further profitability through amortisation of overhead ratios etc. equipment: the company owns and operates an inventory of equipment and machinery etc. In the daily smooth operation of its business. Some of the main items of machinery include:- 4 x sliding head lathes 2 x turning centres 4 x machinery centres (one is customer owned)* 1 x tool room with 3 x conventional machines all such inventory is expected to be included in a successful sales package (with one exception*) key opportunities: the company is turn key ready for a new owner and, as previously mentioned, would seem to be very well suited to bolt on to another company s operations.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: Now wish for a change of lifestyle and a slower pace of life, to enable certain health issues to be corrected.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Not Disclosed
Location: The company operates from two leasehold industrial factory/warehouse premises which are connected to all main utilities, with tenure by way of an open ended agreement. The two units have square footage values of circa 7,000 square feet and 2,000 square feet. The current owners do not feel that re-assignment of the lease will prove to be difficult.

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