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Asking Price$653,572
Revenue$1,006,502 Established1982
Cash FlowUndisclosed Employees6 full, 1 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Toolmaking and Precision CNC Engineering Company
Ref. JH031
Location : East Anglia
Asking Price : £450,000
Freehold available: £300,000

Freehold manufacturing facility available by separate negotiation

Asking price includes:

Turnover in excess of circa £693,000 p.a.
Typical Gross Profits circa £235,000 p.a.
EBITDA circa £106,000.
Net Assets circa £216,000.

Very well stocked in tools and specialist machinery
In excess of 30 years historical trading
Varied client base
All fixtures and fittings
Skilled staff
Superb reputation
Goodwill
The vendors have owned and run this precision engineering company since 1982 making moulds for the plastics industry, (bottles, caps and closures). Manufacturing on site includes the manufacture of both blow moulds and injection moulds predominantly for the packaging industry, press tools, jigs and fixtures and also specialising in bespoke to order components for the food and drinks industry.
This is a very well respected business with an excellent reputation for the design and manufacture of moulds and precision engineered parts. The business has a substantial level of modern automated plant and machinery, including latest CNC Mills (Milling machines). All this is complimented by long serving and highly experienced staff providing a full turnkey solution.
The business can boast some very impressive corporate customers across a range of industries and has its own internal inspection procedures to ensure customers receive only the highest quality products and services.
From first contact to completion the onus is geared towards complete customer satisfaction. The business has in place a responsible workforce from the top down with staff committed to ensuring manufacture is to the required standards.
Facilities:The property is freehold and available by separate negotiation at an additional cost of £300,000. The premises comprise of circa 600 (24 x 24) sq. metres of ground floor space, predominantly workshop space plus a mezzanine. All mains services are on site and the premises are secured with an alarm and grills.
Competition:To date the business has not invested in marketing. Increasing the marketing in the local area could provide many excellent avenues for growth. Work is achieved through existing contracts, word of mouth and many referrals. A dedicated sales and marketing effort could yield significant levels of additional business and profitability as, by its own admission, the business tends to be reactive rather than proactive in its approach to sales and marketing. Investment in a company website could prove to be a valuable asset.
Training/Support:Support and training will be provided for a specified period of time to ensure continuity of trading.
Sale Reason:The vendor is now looking to retire.
Ad #76607
Seller Reference #JH031
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Contact This Seller
Turner Butler
0044 1895256000
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