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Business for sale in United Kingdom - Jh015-offers invited machine servicing and machine tool rebuilding company with specialist grinding equipment -west midlands

Asking Price: 1 £ Real Estate: Ownership
Sales Revenue: 810,000 £
Net Profit: 115,000 £
Year Established: 1978
Employees: 8FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/West Midlands

Business types:

Manufacturing

Business categories:

Other Manufacturing

Business description

the company was established in 1978 by the present owners, who had the foresight to recognise the need for a quality machine tool rebuilding company that would offer the very best of service to this demanding industry. Due to this service level the company has gone from strength to strength becoming one of the uk's market leaders. The company provides a cost effective solution for upgrading all types of machine tools be it conventional or cnc. All are rebuilt to oem and bs4656 standards. All work is carried out in-house on the company’s machinery. All aspects of the refits are carried out including rewiring, components replaced and full documentation, including electrical schematics, ladder diagrams, and macro and parameter listings. The company is well renowned for its ability to surface grind on a large scale specializing in slideway and surface grinding to machine tools (2 machines capable of grinding to 13 feet). The business trades from a 7000 sq ft two storey building with shop floor and ample office space. This is included in the freehold sale price. In the company’s long history the business has only grown, and has continually shown a net profit each year. This is an ideal opportunity for a company to bolt this operation to their existing portfolio and integrating the administration and therefore increasing the already healthy profits the company produces equipment: snow surface grinder 3000x1300x1300 – elb surface grinder 2000x400x360 – churchill vb slideway grinder 4000x1200x1200 – churchill vb slideway grinder 2000x1000x1000 – bloohn surface grinder 500x300x200 – swift sentinel lathe 1300b/c x 300 –harrison 300 lathe – archdale radial drill 1000 – plus various pillar drills,,bandsaws, -hand grinders, measurement tools and power tools. A full detailed plant list available on request. Customer service: the company’s customer service ethos is simple they offer to their clients a comprehensive cost effective machine tool and machine retrofit service to iso ,oem and british standards quality key strengths: the company’s strengths lie firmly in the 32 years of contiguous profitable trading. In this time they have built a reputation and a client list that is the envy of their industry. They have invested in the top quality machinery so that they can offer to their clients a true one stop service. Growth and expansion: growth can be achieved as the existing premises and machinery can produce a further output without overpowering the systems. Our clients inform us that with a targeted sales push in the way of new clients, media and web advertising the turnover and company profits will show a positive growth. Key opportunities: this superb opportunity for a company to bolt this successful business on to their existing portfolio and integrate the administration therefore maximising the profit potential of this quality business.

Additional information

Additional information: Not Disclosed
Support & training: Full support and training will be offered by the vendors to facilitate a smooth transition of ownership.
Reasons for selling: The 2 owners wish to take a well earned retirement.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: yes
Will owner sell real estate?: yes
Included in asking price?: yes
Value: 0 £
Location: The vendor owns the freehold of the property which is included in the asking price. The vendor would also consider selling the business on a leasehold basis for £750,000 for a rental to be negotiated at the time of sale.

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