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

6/wk

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.