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Asking PriceUndisclosed
RevenueUndisclosed Established1980
Cash FlowUndisclosed Employees15 full, 0 part
FF&EUndisclosed* FranchiseNo
InventoryUndisclosed* RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This is a well run, profitable engineering company with 3 distinct product areas sold through a variety of distribution channels. The products are protected; the company has competent management in place to support the owner and carries out its own research and development. The company holds the approvals to work in the nuclear industry and operates to the requirements of ISO 9001. The products area are, sold on contract, catalogue and direct in the UK with one product range being sold world wide through a network of distributors. The business is located in Gloucestershire in a 5000 sq ft industrial unit in an area with a pool of skilled labour. The current owner is an enthusiastic engineering business man who is now looking to retire.The business has been trading as an engineering company since 1932, and operating on the current site since 1957. The company has existed in the current form with the existing owner for the last 24 years. This would make a great business for an enthusiastic owner as there is massive potential for expansion, or as an addition to an existing engineering company.
Training/Support:The owner will provide a full training hand over of the business.
Seller Financing:The owner is highly flexable about the financilastructure of any offer.
Sale Reason:Planned Retirement
Ad #36975
Seller Reference #GLOUCEN001-N32
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David Owen
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