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Asking Price$321,881
Revenue$825,288 EstablishedUndisclosed
Cash Flow$264,073 EmployeesUndisclosed
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Quality Control and Component Inspection Company

Ref.IH032
Location South West Wales
Asking Price £ 195,000
Asking price includes:

2010 Turnover £278,000
2011 projected turnover on target to achieve £500,000
2011 projected EBIT £160,000
Retention of directors for significant handover period
Assets
Goodwill
Business profile:
The business was originally established in 1997 when the founding director created a relationship with a major manufacturer checking the quality of component parts for the car industry.

Thirteen years later the company continues to provide a quality control and component rectification service for a range of customers and their suppliers in South Wales. The business will check large numbers of individual parts to insure they have been made to the exact specification and tolerance required by the purchaser and also audit complete units for performance. These manual processes take place both at the company’s industrial unit and also on site at the manufacturer’s premises.

The business has also developed a revenue stream in providing industrial component cleaning and offer surface cleaning, ultrasonic degreasing and shot blasting.

All work is contracted and demand for their services is growing as more companies outsource key areas of their processes to control manufacturing costs.
Facilities:While it is expected that a purchaser would relocate the business the leasehold unit would be available to a purchaser, if required.
Competition:The company has never had the need to advertise its activities being able to fill its order books from existing clients and referrals.
Training/Support:The owners will provide a full handover for a period to be agreed as part of the sale negotiation.
Sale Reason:Both directors are approaching retirement age and the sale is a pre agreed exit strategy. A lengthy
Ad #60435
Seller Reference #IH032
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Turner Butler
0044 1895256000
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