Mould Tooling Company (Design And Manufacture For The Rubber And Plastics Moulding Industries)

2298

Mould Tooling Company (Design and Manufacture for the rubber and plastics moulding industries)

Ref.JH022
Location Leicestershire
Asking Price £ 295,000
Asking price includes:

’09 Turnover of Circa: £425,000
’08 of Circa: £475,000

’09 Gross Profit of Circa: £130,000
’08 of Circa: £220,00

’09 Nett Profit of Circa: £10,000
’08 of Circa: £90,000
Business profile:
• Established 2004
• Designers and Manufacturers for the Rubber and Plastics Moulding industries
• Customer base of circa 15 regular customers of varying sizes in the Aerospace, Automotive, Commercial Vehicles, White Goods and Oil Exploration sectors across Europe
• Excellent reputation for design solution provision
• ISO 9001: 200 accredited
• Circa 5,000 square foot Factory with informal lease tenure. Rent: circa £19,000 per annum Rates: circa £ 5,700 per annum. Oil heating, Redcare monitored Alarm System and security grilles to doors and windows.
• Highly skilled, competent and loyal employees
• Potential for retention of Principal if required
• Internet website

Training/Support:

Full support and any necessary training will be provided during handover as part of a successful sale package.

Sale Reason:

As part of a strategy towards semi-retirement.