||Employees||16 full, 0 part
* Included in Asking Price
UK Commercial Kitchen Equipment Manufacturer (CNC) ISO9000
Location : North Lancashire
Asking Price : £550,000
The very well-known and highly respected business has been trading for more than 50 years, during this time it has built up a sterling reputation as well as a loyal and valuable customer base.
The company are a highly skilled ISO9000 manufacturing company who have specialised in the design and production of a varied range of commercial kitchen equipment, generally in stainless steel, to exacting standards.
The company has created its own range of equipment as well as supplying bespoke designs when required, supplying key commercial catering distributors on both a local, regional and national basis.
The company’s products are used throughout the food industry and over time its range has developed along with the company. The portfolio of products include benches, dishwasher units, canopies, filters, air input systems and gas control panels. The company can provide a complete turnkey solution from initial idea, full design, 3D drawing provision and kitchen layout right through to final manufacture and installation.
The business has been developed over time with re-investment in the company, its quality systems, manufacturing equipment and its processes. The company can boast a substantial level of modern plant and machinery including leading laser and press CNC machines complimented by long serving and highly experienced staff that enables it to provide a high quality solution time and time again.
The business also has its own internal processes to ensure customers receive only the highest quality products and services. This internal capability is backed up with ISO9001 certification and an impressive track record.
The business is currently being marketed as freehold. However the vendor is happy to sell as leasehold and set up suitable lease should a new owner so require or freehold.
|Facilities:||The business operates from modern premises that are ideally located on a well-known industrial estate, having good access to the city and road networks. There is ample parking. The premises are circa 6,000 square feet. The manufacturing facility is fully equipped and has spare capacity. The site is highly secure and has CCTV.
The freehold is circa £239,000 and owned by the business. The freehold is included within the sale price but vendors are flexible and would be happy to sell the freehold or lease it to a new owner.|
|Competition:||The business could benefit from a more strategic medium/long term sales and marketing campaign. There is a basic yet informative website and price lists, however to date there has been no active forms of marketing.|
|Growth Potential:||The business has consistently posted impressive profitability over the years from a loyal customer base. There is spare capacity within the current infrastructure to accommodate significant growth, should a new owner look to push the business forward. There is no reason why a new owner could not significantly grow the business by being more proactive with the current customer base, as well as targeting new customers outside the region as the market it serves is large and strong. The business has the ability to enter new markets as it already has a sterling reputation in place.|
|Training/Support:||The current owners would be happy to provide full training and support at handover to ensure a seamless transistion of ownership.|
|Sale Reason:||The owners are planning their exit strategies.|
Seller Reference #IK268
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